The Cayman Islands premier Juliana O’Connor-Connolly has written to the UK prime minister David Cameron to offer to join the G5 countries’ pilot project on the automatic exchange of bank account information.
A US state senator and conservative think tank are pushing back against international moves that they say would give foreign governments too ready access to the tax information of US citizens.
The House of Commons’ Public Accounts Committee (PAC) led by MP Margaret Hodge has today launched a scathing attack on the “unhealthily cosy” relationship between the Big Four accountancy firms and the UK Government.
With employment and education scattering family members across the globe, lifestyles are becoming increasingly multi-national.
Swiss finance minister Eveline Widmer-Schlumpf has revealed an antipathy towards trusts, which appears to mirror the thinking behind France’s recent move to force trusts to report on any French tax-resident beneficiaries they may have.
Guernsey has signed a Double Taxation Agreement with Hong Kong, the seventh signed by the Channel Island.
The number of individuals prosecuted by HM Revenue & Customs has increased by more than 50% during the past year, according to data obtained by law firm Pinsent Masons.
Advisers are facing the threat of legal action from out-of-pocket clients who have been caught by HM Revenue & Custom’s crackdown on tax avoidance schemes.
Big changes to the current inheritance tax regime are afoot, according to tax specialists Baker Tilly, with non-UK domiciled individuals in one of three ‘at risk’ categories.
A US congressman has introduced a bill aimed at deterring the use by American corporations of offshore tax havens, as the effects of an earlier US crackdown targeting individuals FATCA reverberate around the world.
The deadline for trustees to make their first-ever annual disclosure to the French tax authorities on foreign trusts in France is approaching, trust experts are warning.
Paul Hogan, an Australian actor made famous by the “Crocodile” Dundee film franchise, has accused his former tax adviser of running off with around $34m of his money.
