News

Panama tax law change outlaws tax evasion for the very first time

Monday 25th February 2019

Panama, often considered to be one of the world’s premier tax havens, and origin of one of the largest evasion scandals in recent memory, has been making the news once again, but this time, for positive reasons. Recent reports suggest that Panama seems to finally be falling in line with global tax regulations. According to… [continue reading]

Contracting and Skills Shortage in Hungary: Booming Economy Creating Talent Shortage?

Friday 22nd February 2019

Hungary, a country we’ve written about before, has been making headlines again. No, not for its latest policies aimed at triggering a ‘baby boom’, but for the news that its strong GDP growth may be about to create countrywide skills shortages. Hungary’s economy has been growing continuously for a while now, and as a result,… [continue reading]

Switzerland tax evasion amnesty brings in $44.5bn

Tuesday 19th February 2019

Switzerland, a country considered by many as a tax haven, is taking a tougher stance than ever on tax fraud. The country looks to have bowed to international pressure and begun falling in line with international efforts to crack down on tax evasion. In fact, recently, Switzerland made its first exchange of information under the… [continue reading]

Contracting in the EU: Is it about to get more complicated?

Friday 15th February 2019

As we have written about on previous occasions, authorities worldwide have been focusing more than ever on tax evasion and introducing stricter tax and compliance systems to prevent fraudulent behaviour. For those looking to contract abroad, the risks are now greater than ever and it is vital that you’re aware of the latest news in… [continue reading]

6CATS launch international consulting arm, 6CATSPRO

Monday 11th February 2019

In our latest move to ensure that recruitment agencies are fully compliant when dealing with the complexity of international tax law, we have launched our own consulting service, 6CATSPRO, enabling us to better provide recruitment businesses with the strategic consultative advice they need to manage contractor compliance in-house. 6CATSPRO will include services such as: the… [continue reading]

OECD pushes ideas for a corporate global tax overhaul

Friday 8th February 2019

There can be no doubt that in the last couple of years authorities worldwide have been setting their sights on tax fraud more closely than ever. This movement of countries towards a more complex and comprehensive tax system is something we have regularly covered, along with the effect that it will have on contractor compliance. Last week, an article… [continue reading]

The Criminal Finances Act 2017: Are recruitment agency tax solutions ready?

Monday 4th February 2019

Here at 6CATS International, something we’ve been very vocal about is the need for agencies to stay on top the increasingly strict tax legislation being introduced by governments around the world. One piece of legislation we’ve focused on in particular is the Criminal Finances Act, a very important act for agencies wanting to operate internationally and… [continue reading]

Irish tax compliance crackdown yields €611 million

Friday 1st February 2019

As a result of increased scrutiny towards tax compliance, the Revenue Commissioners, the Irish tax authority, have yielded a record €611 million last year from tax defaulters. This comes as the nation – which has often been cited as a tax haven, becomes far stricter in its compliance regulation after heavy international pressure to do… [continue reading]