rdr tax evasion and the international life
The Retail Distribution Review and the UK Government’s rhetoric on tax evasion were among the challenges discussed at a roundtable event held by International Adviser earlier this month.
The Retail Distribution Review and the UK Government’s rhetoric on tax evasion were among the challenges discussed at a roundtable event held by International Adviser earlier this month.
The UK Treasury has issued a consultation document to invite responses to its plans to reform two provisions of its anti-tax avoidance legislation, in response to notification by the European Commission last February that the provisions were incompatible with certain EU treaty freedoms.
Guernsey Finance, the marketing arm of Guernseys financial services industry, has responded to a UK television programme which referred to Guernsey as a tax haven used for tax avoidance purposes by UK companies by suggesting that the programmes creators had failed to fully understand the way the investment model in question actually worked.
With tax avoidance high on the media agenda, Jersey Finance CEO Geoff Cook calls for a simpler tax system which provides greater certainty for all parties.
UK-based newspaper The Times has this morning published the first part of an investigation it has conducted into tax avoidance by thousands of wealthy people in the UK.
George Osbornes 2012 Budget was promoted as benefitting Britains less well off, but as the dust settled on the 114-page document this afternoon, it seemed few are likely to benefit quite so much as those tax experts who specialise in translating what it all means to the wealthy, international individuals who are their clients.
HMRC gained an extra £16.9bn in tax through investigations into avoidance and evasion, a record amount according to UHY Hacker Young.
The IRS yesterday issued fresh guidance on how foreign financial institutions must comply with FATCA
The IRS has added to the information it requires from Americans with offshore bank accounts.
HMRC considers publishing a blacklist of high-risk tax avoidance schemes.
Swiss cantons are looking to reduce their attraction to foreign entrepreneurs, the Telegraph reports
New HMRC guidance warns that expatriate Britons may be liable for tax if they work 11 days in the UK