Irish Corporate Tax 2014: The current Irish governance system has remained unchanged through boom and bust and the addiction to political spin, distortion and sometimes lies, works at least in the short term while in some cases it has an enduring impact. To paraphrase Abraham Lincoln, America’s 16th president, it’s possible “to… – Continue reading
More than 150 attendees gathered at the Atlantis Resort in the Bahamas for the Global Financial Summit. Our theme this year was “Market Solutions to World Problems,” as opposed to government solutions. In this tax haven just off the U.S. borders, we gained some valuable advice. Peter Schiff, president of EuroPacific… – Continue reading
The Government on Tuesday said efforts were being made to find mutually acceptable solution to address India’s concerns while revising the tax treaty with Mauritius. The Government has proposed to review the India-Mauritius Double Taxation Avoidance Convention (DTAC) to incorporate amendments to the pact for prevention of treaty abuse and… – Continue reading
Thousands of Swiss bank account holders and others have already come forward to settle unpaid UK tax bills and avoid costly tax penalties – but the LDF window won’t be open for ever. The Liechtenstein Disclosure Facility (LDF) was launched in 2009 and continues to be available until 5 April 2016. It… – Continue reading
Gibraltar plans to become an Insurance Linked Securities (ILS) jurisdiction within the European Union. The ILS market has grown significantly in recent years and the total volume of catastrophe bonds and ILS issued during 2013 was more than $7.5 billion and by the end 2013 there was an all-time high… – Continue reading
In a huge publicity coup as protests grow against America’s controversial Foreign Account Tax Compliance Act (FATCA), Canada has finally signed an intergovernmental agreement to swap tax information with the US. Canada signing up for FATCA is a huge political and publicity coup for the US government as the Republican… – Continue reading
The income tax (I-T) department has not been able to make any headway in detecting the offshore investments by Indians, including 20 big names from Andhra Pradesh, in the safe havens abroad. The reason? ‘Non-cooperation’ by the foreign counterparts despite agreements for sharing tax information. It was after the much-publicized… – Continue reading
