December 20, 2013
It has been a breathless time for the Foreign Account Tax Compliance Act (FATCA), the US law aimed at uncovering undisclosed money held by Americans in overseas banks.
November 22, 2013
Four jurisdictions have received the thumbs-down from their peers in new compliance ratings issued by the OECD's Global Forum on Transparency and Exchange of Information for Tax Purposes.
September 18, 2013
Guernsey has signed a tax information exchange agreement (TIEA) with Switzerland, taking the number of such agreements signed by the UK crown dependency to 46.
June 26, 2013
Financial institutions, other taxpayers and practitioners have until September 6 to respond to a HM Revenue & Customs (HMRC) discussion draft on the implementation of exchange of tax information agreements between the UK and its Crown Dependencies and Overseas Territories with financial centres, which the UK government believes will set a new standard in international tax transparency.
June 18, 2013
George Osborne, UK Chancellor of the Exchequer, said more progress has been made on countering tax secrecy and corporate tax evasion in the last 24 hours than in the previous 24 years. But conflicting messages could yet stall concrete agreements.
May 01, 2013
One of the UK’s Crown Dependencies, with which Britain has recently agreed new plans to improve tax reporting, has come out in favour of a pilot programme for introducing an international system of multilateral exchange of information.
April 08, 2013
In-house tax departments, both big and small, have extra chances at recognition at International Tax Review’s European Tax Awards 2013 presentation at the Dorchester hotel in London on May 15.
March 20, 2013
The UK expects to recover £1 billion ($1.5 billion) from new tax reporting measures, including automatic exchange of information, agreed with its Crown Dependencies of Guernsey, the Isle of Man and Jersey.