Australia’s recently-elected Government has announced that it is to ''pause'' its plans to make changes to the former Labor Government's package of financial advice reforms, which have only just begun to take effect, amid growing opposition to the planned amendments.
Australia today has unveiled a new tax "amnesty" programme aimed at encouraging tax evaders with undeclared offshore assets to come in from the cold, with just a “heavily reduced penalty” to pay.
Time is running out for financial institutions wishing to appear on the US Internal Revenue Service's list of FATCA compliant companies, as the registration closing date draws ever closer.
Specialists who advise expatriates on their UK tax affairs have flagged up a possible threat to such expatriates’ personal allowances that was contained in Chancellor George Osborne’s Budget last week.
Financial experts reacted positively to David Camerons proposed reform to the inheritance tax (IHT) threshold but doubted the reality of its implementation.
Legislation enabling HM Revenue & Customs to be able to demand upfront payment of tax it claims it is owed, but which is in dispute, was among a range of measures UK Chancellor George Osborne unveiled in his budget today.
Cuts to the bingo tax and beer duty by George Osborne in his 2014 Budget yesterday gave the UK press something to feast on late yesterday and earlier today, while those whose annual job it is to analyse the significance of some of Osborne's other changes attempted to make sense of them.
Legislation that would enable HM Revenue & Customs to be able, in certain cases, to demand upfront payment of tax it claims it is owed, but which is in dispute, was among a wide-ranging package of measures UK Chancellor George Osborne announced in his budget today.
Arthur Sinodinos, the Australian government official who was one of the main proponents of a plan to weaken FOFA, Australia’s recently-enacted financial services reforms package, is to “stand asidefollowing revelations about his connection to an ICAC [Independent Commission Against Corruption] inquiry in New South Wales”, The Australian is reporting today.
Peter Harwood, Guernseys former chief minister, has vigorously denied allegations made by satirical magazine Private Eye about the actions of former board members of the now liquidated Channel Islands Stock Exchange.
The three-and-a-half year sentencing of Bayern Munich president Uli Hoeness last week for tax evasion has lead to calls for tougher attitudes toward tax cheats from senior German lawmakers.
A former Playboy bunny and the president of Bayern Munich football club were both jailed for tax evasion today.
