Specialist Expatriate and Offshore Tax Guides
May 31st, 2008 . byTaxcafe, offshore taxation and property investment publishing specialists have updated guides and brought more titles to print for 2008
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Bear Stearns Hedge Funds Lose Fight To Shield Assets From Creditors
May 30th, 2008 . byTwo bankrupt Bear Stearns hedge funds have lost their legal bid to have assets shielded from investors in the US whilst the businesses are being wound down in the Cayman Islands.
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Bermuda To Contribute To UK Offshore Inquiry
May 30th, 2008 . byThe government of Bermuda intends to file a submission to a UK parliamentary investigation into the operation of offshore financial centres, the jurisdiction’s Finance Minister, Paula Cox has announced.
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US Treasury Touts Bush Tax Relief On Anniversary Of Key Tax Cut
May 30th, 2008 . byThe United States Treasury Department has released two papers which attempt to illustrate the benefits to American families and businesses of the tax relief enacted under the Bush administration over the last seven years.
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Irish Revenue Announces New Bank Disclosure Scheme
May 28th, 2008 . byThe Institute of Chartered Accountants in Ireland (ICAI) has issued a cautious welcome to the Irish Revenue Commission’s new disclosure scheme relating to money held in Irish deposit accounts.
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Juncker Announces Planned Tax Reforms
May 28th, 2008 . byOn 22nd May 2008, Luxembourg’s Prime Minister, Jean-Claude Juncker presented to Parliament the 2008 statement on the country’s economic, social and financial situation.
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Prudential Not Dismissing Offshore Move
May 28th, 2008 . byBritish financial services group, Prudential plc, announced this week that it is giving serious consideration to moving its tax base out of the UK.
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Senate Bill Proposes Tougher Company Disclosure Laws
May 27th, 2008 . bySenators Carl Levin (D-Mich., pictured), Norm Coleman (R-Minn.), and Barack Obama (D-Ill.), Chairman, Ranking Minority Member, and Member of the US Senate Permanent Subcommittee on Investigations respectively, have introduced new legislation which aims to help law enforcement stop the misuse of US corporations.
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Guernsey FSC To Fast Track Fund Licence Applications
May 27th, 2008 . byThe Guernsey Financial Services Commission (FSC) has commenced a public consultation on a proposal to fast track the application process for specified licensees associated with Qualifying Investor Funds or Registered Closed-ended Investment Funds.
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CPA President Criticises Discrimination In Tax System Against Self-Employed
May 27th, 2008 . byDiscrimination in the Irish tax system against the self-employed is threatening entrepreneurship and action needs to be taken, the President of the Institute of Certified Public Accountants (CPA), Norman J. Adams has stated.
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