Tax & Regulation

  • fca recommends unbundling research

    fca recommends unbundling research

    The Financial Conduct Authority has recommended sweeping structural changes to the type of research investment managers can pay for with dealing commissions.

  • Tax avoiding celebs should

    Tax avoiding celebs should

    A senior accountant has said celebrities should consider their long term reputations when hiding their assets from HM Revenue & Customs, as a variety of popular figures are criticised for using controversial tax avoidance scheme Liberty.

  • HMRC up front taxing to trigger wave

    HMRC up front taxing to trigger wave

    Controversial proposals to allow HM Revenue & Customs to retrospectively charge contentious tax up front could trigger a “wave of insolvencies” and indirectly affect shareholders, warns a leading accountancy firm.

  • Exterminating ants with a nuclear bomb

    Exterminating ants with a nuclear bomb

    A leading US tax lawyer has compared FATCA to “exterminating ants with a nuclear bomb” as the controversial act’s withholding stage is today launched across the globe.

  • FATCA four countries that stood up to

    FATCA four countries that stood up to

    International Adviser takes a look at four countries that refused to take US information sharing agreements lying down through their use of intergovernmental agreements.

  • swiss agree to french tax information requests

    swiss agree to french tax information requests

    France and Switzerland have added a rider their tax information exchange agreement to allow France to request information about unidentified Swiss bank account holders.

  • New era begins as FATCA is introduced

    New era begins as FATCA is introduced

    The controversial US Foreign Account Tax Compliance Act (FATCA) has been introduced around the world today, marking a new era for tax planning.

  • Tax exchange agreements are redundant

    Tax exchange agreements are redundant

    Isle of Man chief minister Allan Bell has labelled tax information exchange agreements (TIEAs) ‘redundant’ and defended the lack of any new double taxation agreements (DTAs) signed by the island since the one with Luxembourg in April last year.

  • Spotlight on FATCA

    Spotlight on FATCA

    After four long years of preparation, early resistance and a fair amount of controversy, FATCA, the most far reaching piece of tax evasion legislation ever to have been enacted, has come into force.

  • Restrictive US tax agreement awaits

    Restrictive US tax agreement awaits

    A last minute, state controlled tax sharing agreement between the US and Russia is currently awaiting president Vladimir Putins approval, after being passed by the Federal Assembly of Russia last Friday.

  • Tax expert labels HMRC proposals unconstitutional

    Tax expert labels HMRC proposals unconstitutional

    Proposals by HM Revenue & Customs to charge contentious tax payments up front have been called “unconstitutional” by a senior figure at an international law firm.

  • irs targets swiss banks with penalty

    irs targets swiss banks with penalty

    IRS commissioner John Koskinen has announced a revised version of the amnesty programme aimed at encouraging US citizens to declare offshore bank accounts, which includes tough penalties for wilful non-disclosure.