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While the financial secrecy of offshore tax havens has historically created ample tax evasion opportunities for wealthy individuals, automatic information exchange between tax authorities is an ambitious
The high net worth (HNW) offshore investment market, catering to affluent individuals with substantial financial assets, has witnessed steady growth over recent years. Valued at approximately USD 15.19
None of the four agreements in effect between Macau and other countries to avoid double taxation and prevent tax evasion meets a key minimum standard required by the OECD. The SAR Government is taking
The number of HMRC investigations into serious tax fraud and avoidance has fallen to the lowest level in six years, new figures show. Total investigations, known as Code of Practice eight and nine cases,
The European Commission has proposed amendments to the European Union (“EU”) Directive on administrative cooperation in taxation (“DAC9”). These changes aim to facilitate the exchange of top-up
The EU is only as strong as the nations that make it. The vision of a unified legal, cultural, and economic landscape is only possible if all member states work together towards a common goal. Crypto
Developing nations, notably China and India, clashed with richer countries over the inclusion of ‘unilateral trade measures’, such as the EU’s carbon border tax, in the UN climate
Singapore has launched a new fintech center to boost its digital payments, tokenization, digital assets, and artificial intelligence (AI) efforts. Known as the Global Finance & Technology Network
Attempts to stop some of the world’s biggest companies shifting profits across borders to avoid paying tax are “in peril” following Donald Trump’s definitive win in the US presidential election,
Press Release from Carey Olsen, Friday 15 November, 2024. Nigel Carey, a legal pioneer and cornerstone of Carey Olsen in Guernsey, celebrates 50 years of legal service this year. From 1977 to 2008,