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EU puts US on the clock for tax blacklist | International Adviser
If the US does not comply with the OECD Common Reporting Standard by June next year it faces being placed on the EU blacklist for non-cooperative jurisdictions, an EU top official has warned. The...
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Two Caribbean Countries Removed from EU Tax Haven Blacklist
BRUSSELS, Belgium Thursday May 31, 2018 – The European Union (EU) Council has removed The Bahamas and St Kitts and Nevis from the list of jurisdictions deemed to facilitate tax avoidance, leaving two...
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Expat Americans given one-year business tax reprieve
Expatriate Americans have been given a one-year reprieve from an unexpected levy on their overseas business interests, in what many hope is a sign that Congress will the series of tax reforms signed...
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EU threatens US tax blacklisting
The United States faces being put on the European Union tax blacklist if it does not agree by June 2019 to exchange the details of foreign bank account holders in the U.S. with tax authorities in...
View ArticleCayman Islands financial institutions to face new CRS reporting thresholds,...
While many of the world’s tax compliance professionals rightly focused on completing Cayman FATCA/CRS reporting before the reporting portal was temporarily taken offline on Friday, June 1, recent...
View ArticleLandmark tax agreement to strengthen tax treaties enters into force with...
Ministers and senior officials from Kazakhstan, Peru and the United Arab Emirates have signed the BEPS Multilateral Convention bringing the total number of signatories to 79 and the number of covered...
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Jersey signs double tax agreement with UK
The Minister for External Relations, Senator Ian Gorst (pictured), has finalised a new double taxation agreement (DTA) with the UK government The formal process, known as an exchange of letters, took...
View ArticleGuernsey signs new Double Taxation Agreement with United Kingdom
Guernsey has agreed a new Double Taxation Agreement (DTA) with the United Kingdom, replacing one originally in force since 1951. The new agreement is based, broadly, on the OECD Model Tax Convention,...
View ArticleChina’s new income tax laws to bring ‘profound implications’
In June this year, the Chinese government announced much-anticipated revisions to the country’s individual income tax laws. KPMG Partner and Senior Advisor Michael Olesnicky says that these new...
View ArticleCayman’s financial services industry pleased with EU’s recognition of Cayman...
The following statement can be attributed to Jude Scott, CEO of Cayman Finance: “The EU’s recognition of the Cayman Islands as cooperative on both transparency and fair taxation is an important...
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