Tax

All the latest news and updates from the world of tax. We look at new trends in achieving tax-efficiency while assuming expatriate status, the ways in which double taxation can be avoided, the use of investment wrappers to reduce tax liability, planning tips for South African Expat Tax laws and for those with existing ties to America, we keep you abreast of FATCA and the ways in which the disruption to your life, and personal liability can be eased. Taxation for expats is a complex area, we aim to make sure our readers are au courant with the latest developments in the intricacies of tax efficiency

Swiss tax amnesty under fire from dissenters

Swiss tax amnesty under fire from dissenters

Swiss dissenters are trying to torpedo agreements that guarantee taxes worth billions are withheld from undeclared accounts held by the nation’s secretive banks. The three

OECD treaty change triggers tax concerns

OECD treaty change triggers tax concerns

A controversial tax treaty update could see wealthy cross-border investors facing random inquiries about their overseas holdings. The Organisation of Economic Cooperation and Development (OECD)

Judges kick out £1bn tax saving case on appeal

Judges kick out £1bn tax saving case on appeal

Accountancy and tax consultancy PricewaterhouseCoopers has lost a £1 billion tax management case designed to help 200 wealthy investors save £90 million. The Court of

US offshore tax disclosure FAQ

US offshore tax disclosure FAQ

The US Internal Revenue Service (IRS) has collected more than $5 billion from taxpayers with overseas holdings thanks to a voluntary disclosure scheme. Now, the

US stretches FATCA net to two more countries

The US government has agreed Foreign Account Tax Compliance Act (FATCA) deals with Switzerland and Japan, bringing the number of agreements to seven in just

Firms find FATCA too confusing

More than 200 legal, accounting and financial firms were asked how they were coping with FATCA – and more than 50% had no idea how