News

Switzerland gears up to reverse tax haven image

Friday 26th January 2018

When most of us think of tax havens, Switzerland is likely to be at the top of the list. After all, it has a long history as a location of choice for wealthy Europeans seeking to hide the true scale of their income. However, as the global clampdown on tax evasion intensifies, it looks like… [continue reading]

Cyprus signs DTAA with Saudi Arabia

Thursday 25th January 2018

In a bid to strengthen ties between the two countries, clampdown on tax evasion and bolster its position as a global business centre, Cyprus has signed a Double Tax Avoidance Agreement (DTAA) with Saudi Arabia. This landmark deal took place during a historic visit by the Cypriot President to the Arab state earlier this month…. [continue reading]

SARS seeks to fill multimillion-rand tax hole

Tuesday 23rd January 2018

The South African Revenue Service (SARS) is seeking changes to the tax laws on South Africans working abroad as the country looks to fill a huge tax void. According to recent reports, the country’s economy is suffering due to the number of citizens relocating or working overseas and failing to pay the correct domestic taxes…. [continue reading]

Another Real Madrid star faces tax evasion charges

Monday 22nd January 2018

Many of our blogs have covered the numerous cases of footballing stars who have faced investigations and prosecutions over tax evasion schemes, with current and former Real Madrid stars such as Cristiano Ronaldo making headlines in recent times. But it looks like we’re not yet done with this Spanish team. Luka Modric pays out in… [continue reading]

Partner of Tory peer moves tax avoidance business to Panama

Friday 12th January 2018

The global clampdown on tax havens has seen many individuals steer clear of the likes of Panama and the Isle of Man as international authorities place increasing pressure on the governments of these locations to reassess tax laws and prevent fraud. However, there are some who are perhaps less concerned with the negative connotations associated… [continue reading]

HMRC top tax fraud investigations revealed

Thursday 11th January 2018

January is often a time to reflect on the last 12 months as many of us begin our plans for the New Year. And for news website, International Advisor, it was the actions of HM Revenue & Customs in 2017 that proved rather interesting. HMRC’s successful year According to an article on the site, last… [continue reading]

Ryanair once again makes headlines over tax concerns

Monday 8th January 2018

It was only a few months ago that we were discussing the tax concerns of Ryanair as the airline and its associated recruitment firms in Ireland faced inquiries over the use of a rather complex working model. However, it would appear that the Ryanair scandal isn’t over yet, with the firm once again making tax… [continue reading]

Questions raised over IKEA’s Dutch tax affairs

Friday 5th January 2018

It’s the time of year when many of us might be thinking of shops such as IKEA and wondering what January sales we can take advantage of. However, it seems that the firm is currently front of mind for all the wrong reasons following revelations that the European Union has launched investigations into IKEA’s Dutch… [continue reading]