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tax-avoidance

taxes

EU Seeks Tougher Tax Rules After Offshore Accounts Scandal

12/04/2016(0)
The European Union’s executive wants thousands of multinationals doing business in its 28 nations to show where they pay tax and make their profit on a country-by-country basis to ... Read More
Lead1-1

Leaked Mossack Fonseca document leaves London law firm exposed

11/04/2016(0)
A prominent London law firm has been left exposed after leaked Mossack Fonseca documents revealed how it had helped set up a secret offshore company for the daughters of ... Read More
David Cameron

David Cameron had stake in father’s offshore trust

08/04/2016(0)
David Cameron has said he and his wife Samantha owned shares in an offshore trust set up by his late father, before selling them for £30,000 in 2010. The ... Read More
Mossack Fonseca

Banks told to declare links to Panama Papers law firm by next week

08/04/2016(0)
Banks and financial firms have been told to hand over any information about their dealings with the law firm at the centre of the Panama Papers to the UK’s Financial Conduct ... Read More
barack obama

Barack Obama: Tax avoidance is a big global problem

07/04/2016(0)
US President Barack Obama has warned that “tax avoidance is a big global problem” and urged Congress to take action to eliminate tax loopholes. “A lot of it is ... Read More
The HSBC headquarters is seen in the Canary Wharf financial district in east London

Credit Suisse, HSBC dismiss ‘Panama Papers’ tax avoidance allegations

06/04/2016(0)
Credit Suisse and HSBC, two of the world’s largest wealth managers, dismissed on Tuesday suggestions they were actively using offshore structures to help clients cheat on their taxes. Their ... Read More
Tax-returns_2384332b

HMRC Welcomes Bank Bonus Tax Scheme Ruling

22/03/2016(0)
HM Revenue and Customs (HMRC) has welcomed a court ruling against a major tax avoidance scheme used by banking giants UBS and Deutsche Bank, in which the agency successfully ... Read More
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Apple, McDonald’s, Google and IKEA to face EU lawmakers over tax deals

15/03/2016(0)
Apple (AAPL.O), Google (GOOGL.O), McDonald’s (MCD.N) and IKEA will be asked about their European tax deals on Wednesday as EU lawmakers ratchet up the pressure on multinationals to pay ... Read More
HMRC

HMRC: ‘Persuasive promoters’ lure taxpayers into avoidance schemes

02/03/2016(0)
AN INVESTIGATION into tax avoidance schemes has revealed that people are regularly introduced to avoidance arrangements via family, friends and accountancy firms, despite being aware that they are ‘unusual’ and ... Read More
HMRC

HMRC condemns Growth Securities Ownerships Plan

09/02/2016(0)
TAX AVOIDANCE schemes that are based on contracts for difference have been labelled “ineffective” by HMRC as it looks to challenge any employer that’s using the initiative. These claims by ... Read More
Broker Cyprus TopFX