HMRC is closing in on you Offshor
HM Revenue & Customs has told offshore tax evaders to come forward now before we come to you, as it makes failure to declare taxable offshore income and gains a strict liability offence.
HM Revenue & Customs has told offshore tax evaders to come forward now before we come to you, as it makes failure to declare taxable offshore income and gains a strict liability offence.
UK employee benefit trust (EBT) users will no longer be granted access to the full tax saving benefits of the Liechtenstein Disclosure Facility (LDF), following a “remiss” agreement between HM Revenue & Customs and the Government of Liechtenstein.
Two Canadians with dual US citizenship are suing Canadas federal government over its decision to sign up to FATCA.
Mexico has been named as fully compliant with international tax standards by the OECD while others, including Indonesia and Chile have been rated either largely or partially compliant.
HM Revenue & Customs has denied claims it plans to collect IHT from an estate before the individual has died.
Over 30,000 tax avoiders could receive HM Revenue & Customs threats of bankruptcy over contentious tax starting from as early as this month, says a leading tax law firm.
Gibraltar’s financial community must immediately prepare itself for FATCA or it risks getting caught up in the legislation’s strict international net, says an authority from the jurisdiction.
Requests to the UK’s Financial Conduct Authority from international regulators increased last year as a result of more cross-border investigations.
The Australian Securities and Investments Commission (ASIC) has introduced a new strategy which aims to improve financial literary throughout the country.
A leading tax expert has called for HM Revenue & Customs to “ease off and stop being pedantic” over tax avoidance schemes and instead give investors an opportunity to “get on with their lives” and settle their owed tax.
Dalila Ver Elst, senior compliance officer at Maitland, answers 10 frequently asked questions about the implications of the Foreign Account Tax Compliance Act.
Spanish prosecutors have alleged that Barcelona footballer Lionel Messi avoided paying £3m in tax through the use of UK firms.