CONTINUEThis site uses cookies. By continuing to browse this site you are agreeing to our use of cookies. Find out more.

Offshore Trusts Guide News

India Announces More COVID-19 MeasuresIndia Announces More COVID-19 Measures

28/5/2020
On May 13, 2020, the Indian Government announced new tax relief measures and administrative concessions.
Read full story »


Switzerland Sends 2019 Taxpayer Data Under CRSSwitzerland Sends 2019 Taxpayer Data Under CRS

11/10/2019
Switzerland's Federal Tax Administration has announced the exchange of information on millions of financial accounts with 75 partner countries.
Read full story »


IRS To Waive Small Tax Debts For Former CitizensIRS To Waive Small Tax Debts For Former Citizens

9/9/2019
On September 6, 2019, the United States Internal Revenue Service announced new procedures that will enable certain individuals who relinquished their US citizenship to come into compliance with their US tax and filing obligations and receive relief for back taxes.
Read full story »


UK Shelves Plans For Surcharge On Overseas UK Property BuyersUK Shelves Plans For Surcharge On Overseas UK Property Buyers

25/7/2019
The UK Government has dropped inclusion in the upcoming Finance Bill of a new one percent stamp duty land tax (SDLT) surcharge on non-UK residents purchasing residential property in England and Northern Ireland.
Read full story »


Australia Explains Tax Disclosure Obligation On Largest FirmsAustralia Explains Tax Disclosure Obligation On Largest Firms

12/2/2019
The Australian Taxation Office has issued an e-brief on how companies can assess if they are required to submit a reportable tax position schedule.
Read full story »


South Africa Drops Paper Forms To Encourage E-FiliingSouth Africa Drops Paper Forms To Encourage E-Filiing

16/7/2018
The South African Revenue Service has removed certain paper forms from its branches in an attempt to encourage more taxpayers to file tax returns electronically.
Read full story »


Tax Deadline Approaching For Americans AbroadTax Deadline Approaching For Americans Abroad

14/6/2018
The United States Internal Revenue Service has summarized the reporting and filing requirements for taxpayers living and working abroad, with the June 15, 2018, deadline for 2017 federal income tax returns now approaching.
Read full story »


Switzerland To Amend Anti-Money Laundering LawSwitzerland To Amend Anti-Money Laundering Law

4/6/2018
The Swiss Government is consulting on proposed amendments to the Anti-Money Laundering Act.
Read full story »


EU Council Adopts Directive To Make Company Ownership Data PublicEU Council Adopts Directive To Make Company Ownership Data Public

17/5/2018
The European Council has approved a new package of rules designed to prevent fiscal crime, including allowing the public access to information on the beneficial ownership of companies.
Read full story »


HMRC To Add To Arsenal Against Diverted ProfitsHMRC To Add To Arsenal Against Diverted Profits

12/4/2018
HM Revenue and Customs has launched a consultation inviting input on proposals to tackle arrangements entered into by individuals, partnerships, or companies that aim to move UK profits outside the scope of UK taxation, typically through the use of offshore trusts and companies.
Read full story »


IRS Explains How To Calculate Transition Tax LiabilityIRS Explains How To Calculate Transition Tax Liability

12/4/2018
The US Internal Revenue Service and the Department of the Treasury have released comprehensive guidance on how to calculate liability to the Transition Tax, provided for in Section 965 of the Tax Cuts and Jobs Act, and explained elections available to taxpayers.
Read full story »


Australia Expands Multinational Anti-Avoidance LawAustralia Expands Multinational Anti-Avoidance Law

28/3/2018
The Australian Government has introduced legislation to extend the reach of its Multinational Anti-Avoidance Law to cover a range of corporate structures.
Read full story »




Canada To Reform Taxation Of Passive InvestmentsCanada To Reform Taxation Of Passive Investments

28/2/2018
Canada's 2018 Budget has provided the long-awaited details of the Government's proposal to limit the tax benefits that can be derived from the holding of passive investments in a private corporation.
Read full story »


Australia's Board Of Taxation Considers Bare Trusts Tax ReformAustralia's Board Of Taxation Considers Bare Trusts Tax Reform

14/2/2018
Australia's Board of Taxation has published the results of its review into the taxation of bare trusts.
Read full story »


Read more news on our partner's website Tax-News.com »