Leaked tax details said to be bigger than Wikileaks 22/05/2013
Australia, UK and US have obtained a "very significant amount of data, revealing complex offshore structures" according to the OECD.
IoM Chief Minister backs Cameron over tax 22/05/2013
The Isle of Man's Chief Minister, Allan Bell MHK, has welcomed a letter from David Cameron calling on all Britain’s Crown Dependencies and Overseas Territories to continue working with the United Kingdom on tax transparency.
EXCLUSIVE: Farrer makes changes to private client leadership structure 22/05/2013
Jim Edmondson is moving from his role as partner and head of Farrer & Co’s private client department to become a full time consultant to the firm continuing his client facing role as part of a partial restructuring of the management of the department.
Speechly Bircham issues guidance as 31 May Swiss/UK tax deadline looms 21/05/2013
n the summer of 2011, the UK and Swiss tax authorities entered into an agreement aimed at regularising undeclared Swiss bank accounts owned by UK resident individuals. International law firm Speechly Bircham has warned that 31 May is a key deadline for the Agreement, by which date affected individuals must have decided how they would like their Swiss account to be treated under the Agreement or provided evidence to their bank that the Agreement does not apply to them, or otherwise they will face a potentially disadvantageous default option of a lump sum being withheld from the account to satisfy historic UK tax liabilities.
Tax debate rages in 'age of uncertainty' as Jersey looks to thrive 17/05/2013
Speaking at Jersey Finance's annual London Private Client Conference, Geoff Cook from Jersey Finance and Monica Bhatia from the OECD looked at the economic climate facing IFCs today
Guernsey Chief Minister reiterates Island's transparency on eve of G8 and G20 tax summits 15/05/2013
Ahead of the forthcoming G8 and G20 meetings on tax transparency, Guernsey’s Chief Minister, Peter Harwood, yesterday (14/05/2013) took the opportunity to set out the Island’s leadership and track record on tax transparency.
Avondale Solutions expands offering in UK with partnership deal 14/05/2013
Model taxpayer charter launched to promote greater fairness in taxation across the world 14/05/2013
Three professional bodies representing more than half a million tax advisors worldwide have produced a 'Model Taxpayer Charter' of taxpayer rights and responsibilities intended as a blueprint for what a good tax system should contain.
HMRC teams up with Australian and American tax authorities to target evasion 13/05/2013
HM Revenue and Customs (HMRC) has confirmed that it is working with the United States and Australian tax administrations (the IRS and ATO) on data which reveals extensive use of complex offshore structures to conceal assets by wealthy individuals and companies.
Yet another Swiss bank is snared by US tax authorities 09/05/2013
Neue Privat Bank (NPB) has joined the ranks of the 13 Swiss banks which are under investigation by the US on suspicion of helping American citizens evade tax.