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Tax and Jurisdictions

All change for non-UK domiciliaries

9 April, 2009 12:59 PM

Gary Heynes

The UK has long been known as a tax haven for foreign nationals looking for a low tax jurisdiction.But despite the benefits of the old rules, a new set of highly complicated rules kicked in as of this week which will be costly to monitor and stay within, for those who wish to remain in the UK.

OECD tax haven lists favour Channel Islands and Isle of Man

3 April, 2009 03:18 PM

New tax haven lists published by the OECD last night in the wake of the G20 London summit will drive more family office business towards the Channel Islands and the Isle of Man.

Michelin implicated in tax fraud

1 April, 2009 11:24 AM

The French government has named family-controlled tyremaker Michelin as one of three businesses it wants to investigate for alleged tax fraud.

Death of tax havens is greatly exaggerated

26 March, 2009 01:07 PM

Selwyn Parker

If you believe the OECD’s rhetoric, tax havens are about to collapse like a house of cards before the onslaught of a G20 determined to retrieve untold trillions of lost revenue. However, the death of tax-efficient jurisdictions and their historic rules on confidentiality is greatly exaggerated.

Liechtenstein fires the gun on reduced bank secrecy

12 March, 2009 01:08 PM

The Liechtenstein government has bowed to international pressure and accepted OECD standards on transparency and information exchange in tax matters. In a declaration, it also confirmed it will support international measures against non-compliance with tax laws.