07/07/2021
The agency said it is looking into people who opened secret offshore accounts to conceal illegally earned money, and companies which evaded taxes by using fintech and other online trading platforms.
07/06/2021
The UK is looking to introduce its own holding company regime to rival Luxembourg and allow funds to base their investment structures here
07/05/2021
The IRS warns people to be on the lookout for promoters who peddle false hopes of large tax deductions from abusive arrangements.
07/02/2021
We don’t yet know the scope or dynamics of this possible tax reform
07/02/2021
The 1 January 2020 retroactive effective date for the anti-hybrid rules is causing concern for taxpayers and their advisors.
06/30/2021
Berardo and his lawyer were not immediately available for comment.
06/30/2021
Corporations subject to the disclosure rules generally would be required to report information
06/25/2021
The draft decree provides some initial insights on how the tax authorities consider transactions involving virtual currencies and tokens.
06/24/2021
As discussed below, there is still much work to do to flesh out the details of the framework
06/23/2021
This note is intended to be a quick overview of the Green Book focusing on its impact on private clients. It is not an exhaustive analysis of all provisions of the Green Book.
06/23/2021
"Bermuda has a right to determine for itself what it thinks is an appropriate tax system for its jurisdiction," he said.
06/16/2021
The government has not yet set a rate for the tax
06/14/2021
This change in audit posture may also serve as a catalyst for reviewing loan acquisition activities conducted in prior years.
06/14/2021
The OTS has suggested significant CGT reforms across a wide range of areas, including moving home, getting divorced, and running or investing in a business
06/10/2021
These new capital gains taxes would be in addition to those generally applicable under the existing gift and estate tax regime.
06/08/2021
The proposals aimed to apportion taxing rights more evenly between countries and discourage profit shifting.
06/07/2021
Court of Appeal rules in favor of accounting firm in breach of contract claim
06/04/2021
The proposal comes as more and more global concern is voiced over the possible tax gap between taxes owed and the taxes that are being paid on time.
05/31/2021
This decision was based on an assessment by the Commission of the aforementioned transactions under the criteria for the relevant anti-abuse provision, as laid down in case law.
05/30/2021
The principles were drawn from public international law, the design of the MLI, and the MLI’s drafting history.