December 31, 2013
News About Cyprus Bank Account Cyprus Bank Account Developments. Nine months have passed from the abominable March 2013 and since the `infamous` Cyprus Bank Account bail-in or haircut! The movement of money within Cyprus and the outflow of money out of Cyprus were all but frozen. Cyprus Bank Accounts were used by the Troika […]…
December 30, 2013
Go Offshore Go Offshore-Tax Agreements for France. The removal of Jersey and Bermuda from the Tax Blacklist as uncooperative regarding the tax information exchange system announced France on the 20th December 2013. The removal of Jersey and Bermuda from France’s tax blacklist has as an effect the fact that from now on these two […]…
November 28, 2013
Tax Havens Over Global Forum is chasing the Tax Havens Jurisdictions for Tax Matters. Many Countries have already joined the plan. Global Forum is the biggest Group in the World for Tax Purposes TAX HAVENS UNDER PRESSURE Tax Concert By The Mighty–Tax Havens Over: The Global Forum on Transparency and Exchange […]…
November 25, 2013
Tax Information To EU Member States Luxembourg To Give Tax Information To EU Countries: The Governing Council of Luxembourg has passed a bill which approves a number of tax agreements in cooperation with key treaty partner countries and supports a draft law transferring Article 8 of the EU Council Directive regarding administrative support for […]…
November 20, 2013
Hong Kong promoted as International Financial Center FSDC Promotes Hong Kong To International Financial Center: Hong Kong Government to allow more freedom to Hong Kong companies, despite the fact the Hong Kong is already an offshore jurisdiction and one of the most successful financial centers in the World. Hong Kong becomes an International […]…
November 19, 2013
VAT Tax in Cyprus Cyprus VAT Tax – Income Tax Departments Merge: The Cyprus Government in its drive for Tax reforms in the country and in its efforts to assist local and offshore companies to work more efficiently and cost effectively, has decided to merge the Income Tax Authority with the Cyprus VAT Tax […]…
November 18, 2013
Switzerland Signs Joint Statement With The US Swiss Banks Meet Deadline For Cooperation With The US: In August of 2013 Switzerland signed a joint statement with the US declaring a program. According to this program, suitable Swiss banks that wish to find out of court solutions to settle past “cross-border criminal tax violations”, they […]…
November 15, 2013
Information Exchange Agreement Cayman Islands Signs Information Exchange Agreement: The UK and Cayman Islands have signed a new agreement by which they have agreed in the exchange of information for tax matters and bank account holders of the two countries. Transparency thus will from now on be the major issue between them. The first […]…