In what it says is an effort to tackle "both the supply of and demand for tax avoidance schemes", HM Revenue & Customs has put forward for consultation its latest package of measures aimed at making tax avoidance more difficult.
QROPS industry officials expressed relief over today's anticipated announcement by HM Revenue & Customs concerning how they are to handle transfers of pensions into qualifying recognised overseas pension schemes.
HM Revenue & Customs has published a list of its most wanted tax criminal fugitives, the second year it has done so.
HM Revenue & Customs has suspended plans to send ‘nudge’ letters to UK resident non-domiciles who pay tax on a remittance basis, according to the Institute of Chartered Accountants in England & Wales.
A bipartisan group of US lawmakers has introduced legislation aimed at making it harder for criminals to carry out financial crimes in the US, in part by putting an end to the ability to form corporations without disclosing the identities of those behind them.
New York Governor Andrew Cuomo has introduced a new initiative to encourage individuals who owe significant back taxes to pay their bills by suspending their State driving licences when their past-due tax liability exceeds $10,000.
A recommendation has been made to reconsider the way the UK attempts to tackle tax avoidance by the House of Lords Select Committee on Economic Affairs.
Company incorporations in the major offshore markets fell 3.6% in the second half of 2012 compared with the first six months of last year, according to a survey by one of the world’s largest providers of offshore legal services the Appleby Group.
The International Accounting Standards Board and the Financial Accounting Standards Board have said they are to create a "joint transition resource group" to focus on the final area that remains to be dealt with, as they near the end of an almost decade-long effort to achieve global agreement on the way companies report their finances.
The Guernsey Financial Services Commission investigated more than 100 potential enforcement cases last year, taking some action but fining only one company.
HM Revenue & Customs has topped a list of the most irritating UK companies to call.
Just over half of alternative investment fund managers (AIFMs) expect more funds to flow into alternative investment vehicles as a result of easier access following the alternative investment fund manager directive (AIFMD) which became law today.
