Foreign Bank Account Reporting
... tax controversies. He has extensive experience in advising clients on issues regarding foreign bank account reporting (FBAR) obligations, the Foreign Account Tax Compliance Act (FATCA), and the Internal Revenue Service’s 2009 Offshore Voluntary Disclosure Program, 2011 Offshore Voluntary Disclosure ...
... tax controversies. He has extensive experience in advising clients on issues regarding foreign bank account reporting (FBAR) obligations, the Foreign Account Tax Compliance Act (FATCA), and the Internal Revenue Service’s 2009 Offshore Voluntary Disclosure Program, 2011 Offshore Voluntary Disclosure ...
Vilar Gave Select Access to IPOs
... At a time when IPOs often soared in their first day of trading, Mr. [Alberto Vilar]'s firm, Amerindo Investment Advisors Inc., channeled most of the IPO shares it received to a small group of wealthy clients investing through an offshore account, the filings say. But until 2002, his mutual fund gear ...
... At a time when IPOs often soared in their first day of trading, Mr. [Alberto Vilar]'s firm, Amerindo Investment Advisors Inc., channeled most of the IPO shares it received to a small group of wealthy clients investing through an offshore account, the filings say. But until 2002, his mutual fund gear ...
rank: 8 - Financial Secrecy Index
... Another striking example in recent years has been the management of large-scale and probably illicit Turkmen funds. In many of such instances of going after kleptocrats’ loot, however, Germany has lagged behind other European partners such as France or Switzerland, and has played rather an obstructi ...
... Another striking example in recent years has been the management of large-scale and probably illicit Turkmen funds. In many of such instances of going after kleptocrats’ loot, however, Germany has lagged behind other European partners such as France or Switzerland, and has played rather an obstructi ...
Press release - Financial Stability Board
... Authorities also need to remain vigilant to new risks and vulnerabilities and to ensure that markets are supported by robust financial infrastructure. In this manner the G20 can develop a diverse and open global financial system that can finance investment in the real economy throughout the economic ...
... Authorities also need to remain vigilant to new risks and vulnerabilities and to ensure that markets are supported by robust financial infrastructure. In this manner the G20 can develop a diverse and open global financial system that can finance investment in the real economy throughout the economic ...
Bahamas Fact Sheet
... The Bahamas is a parliamentary constitutional monarchy headed by Queen Elizabeth II in her role as Queen of the Bahamas. Political and legal traditions closely follow those of the United Kingdom and the Westminster system. The two main parties are the Free National Movement and the Progressive Liber ...
... The Bahamas is a parliamentary constitutional monarchy headed by Queen Elizabeth II in her role as Queen of the Bahamas. Political and legal traditions closely follow those of the United Kingdom and the Westminster system. The two main parties are the Free National Movement and the Progressive Liber ...
The Creation of International Financial Centres in Africa
... Countries also offer low tax rates as well as tax incentives and exemptions in the belief that this attracts investment and generates more economic activity and higher growth rates. This premise is, however, debatable. Especially in developing countries, companies are attracted by stable governments ...
... Countries also offer low tax rates as well as tax incentives and exemptions in the belief that this attracts investment and generates more economic activity and higher growth rates. This premise is, however, debatable. Especially in developing countries, companies are attracted by stable governments ...
Hong Kong to update Trust Law - The International Tax Planning
... enjoyed by capital gains made on the disposal of property intended for permanent habitation by a taxpayer and their family. Currently the exemption applies only if the capital gains are reinvested in Portuguese territory in respect of property for permanent habitation and within 24 months of the gai ...
... enjoyed by capital gains made on the disposal of property intended for permanent habitation by a taxpayer and their family. Currently the exemption applies only if the capital gains are reinvested in Portuguese territory in respect of property for permanent habitation and within 24 months of the gai ...
BRIEFING PAPER Tax Havens and Tax Competition
... Development is closely linked to tax revenue, to provide public goods and services such as transport infrastructure, health services and education, vital for reducing poverty in developing countries. Today, the world faces a growing problem in collecting the revenue to fund such public goods and ser ...
... Development is closely linked to tax revenue, to provide public goods and services such as transport infrastructure, health services and education, vital for reducing poverty in developing countries. Today, the world faces a growing problem in collecting the revenue to fund such public goods and ser ...
FIRST MUTUAL EVALUATION REPORT ON MALTA SUMMARY
... considerations inform their anti-money laundering policies. A high priority is thus given to ensuring that legislation meets current international standards and obligations. Malta has signed and ratified the 1988 UN Convention against Illicit Traffic in Narcotic Drugs and Psychotropic Substances (th ...
... considerations inform their anti-money laundering policies. A high priority is thus given to ensuring that legislation meets current international standards and obligations. Malta has signed and ratified the 1988 UN Convention against Illicit Traffic in Narcotic Drugs and Psychotropic Substances (th ...
The Fight Against Money Laundering
... Size and scope of money laundering Motivation for laundering money pre and post terrorists activities, drug money, corrupt money, tax evasion Corruption and money laundering threats to international security proceeds of crime ...
... Size and scope of money laundering Motivation for laundering money pre and post terrorists activities, drug money, corrupt money, tax evasion Corruption and money laundering threats to international security proceeds of crime ...
Texas State University OFAC COMPLIANCE FORM
... territorial jurisdiction of the United States. This includes automated clearing house (ACH) payments, such as direct deposits. Effective September 18, 2009, the University is obligated to identify as an "International ACH Transaction" (IAT) any direct deposit of payroll deposits that are (1) made by ...
... territorial jurisdiction of the United States. This includes automated clearing house (ACH) payments, such as direct deposits. Effective September 18, 2009, the University is obligated to identify as an "International ACH Transaction" (IAT) any direct deposit of payroll deposits that are (1) made by ...
Feds propose wind-energy leases off NC coast
... The Interior Department has released an environmental study that supports the potential lease of 300,000 acres off the North Carolina coast for wind farms. Leases could be sold to wind developers in three areas of federal waters off the coast. At least five companies have expressed interest in devel ...
... The Interior Department has released an environmental study that supports the potential lease of 300,000 acres off the North Carolina coast for wind farms. Leases could be sold to wind developers in three areas of federal waters off the coast. At least five companies have expressed interest in devel ...
Joint Communiqué
... regulations with its framework and look forward to further progress on ensuring the conformity of the regulations with the Basel III text. We look forward to the July report on comparability of riskweighted assets. We will undertake the necessary legislative steps to implement resolution powers and ...
... regulations with its framework and look forward to further progress on ensuring the conformity of the regulations with the Basel III text. We look forward to the July report on comparability of riskweighted assets. We will undertake the necessary legislative steps to implement resolution powers and ...
G20 Finance Ministers and Central Bank
... regulations with its framework and look forward to further progress on ensuring the conformity of the regulations with the Basel III text. We look forward to the July report on comparability of riskweighted assets. We will undertake the necessary legislative steps to implement resolution powers and ...
... regulations with its framework and look forward to further progress on ensuring the conformity of the regulations with the Basel III text. We look forward to the July report on comparability of riskweighted assets. We will undertake the necessary legislative steps to implement resolution powers and ...
G20 Finance Ministers Communique - G
... regulations with its framework and look forward to further progress on ensuring the conformity of the regulations with the Basel III text. We look forward to the July report on comparability of riskweighted assets. We will undertake the necessary legislative steps to implement resolution powers and ...
... regulations with its framework and look forward to further progress on ensuring the conformity of the regulations with the Basel III text. We look forward to the July report on comparability of riskweighted assets. We will undertake the necessary legislative steps to implement resolution powers and ...
offshore hedge fund - Qatar Financial Centre
... NOTE: Comments above relate to QFC tax only. Other jurisdiction tax considerations should be analysed appropriately. ...
... NOTE: Comments above relate to QFC tax only. Other jurisdiction tax considerations should be analysed appropriately. ...
Syllabus B Com Sem-6 FC302B Personal Financial Planning
... The concept of Time Value of Money and its application in financial planning Unit – II Personal tax planning – basics of tax assessment for an individual, deductions and reliefs available to an individual, avenues for tax savings for an individual Unit – III Life insurance – tools for financial plan ...
... The concept of Time Value of Money and its application in financial planning Unit – II Personal tax planning – basics of tax assessment for an individual, deductions and reliefs available to an individual, avenues for tax savings for an individual Unit – III Life insurance – tools for financial plan ...
For the time being Hungary does not provide a participation
... significantly increasing the present offshore tax burdens. Tax benefits on film production The regime was introduced in detail in the “The Euromoney – Global Tax Handbook 2005”. Therefore in this article we simply remind the reader that the tax-planning opportunities, which were successfully introdu ...
... significantly increasing the present offshore tax burdens. Tax benefits on film production The regime was introduced in detail in the “The Euromoney – Global Tax Handbook 2005”. Therefore in this article we simply remind the reader that the tax-planning opportunities, which were successfully introdu ...
UK Resident Individuals Personal Property Ownership
... The new alternative is a Unit Trust established in a jurisdiction that does not regulate a Private Unit Trust (“PUT”) in the same manner as a Unit Trust where the units are made available to the public or are offered to the public in any way. Such a PUT can be compared with a “Thin Trust” where the ...
... The new alternative is a Unit Trust established in a jurisdiction that does not regulate a Private Unit Trust (“PUT”) in the same manner as a Unit Trust where the units are made available to the public or are offered to the public in any way. Such a PUT can be compared with a “Thin Trust” where the ...
Archie II Micro
... – Rely on other states to represent them. – UN membership required to extend diplomatic capabilities. ...
... – Rely on other states to represent them. – UN membership required to extend diplomatic capabilities. ...
G7 Bari Common Declaration on fighting tax crimes and other illicit
... We ask the OECD to start discussing possible ways to address arrangements designed to circumvent reporting under the Common Reporting Standard or aimed at providing beneficial owners with the shelter of non-transparent structures, considering also model mandatory disclosure rules inspired by the app ...
... We ask the OECD to start discussing possible ways to address arrangements designed to circumvent reporting under the Common Reporting Standard or aimed at providing beneficial owners with the shelter of non-transparent structures, considering also model mandatory disclosure rules inspired by the app ...
How to invest offshore?
... dollars, pounds or euros. Having completed the fund’s application form, investors effectively instruct their bank (local or international) to make payment to the fund’s bank account. When disinvesting, investors will then also receive the proceeds in the fund’s dealing currency. Many South Africans ...
... dollars, pounds or euros. Having completed the fund’s application form, investors effectively instruct their bank (local or international) to make payment to the fund’s bank account. When disinvesting, investors will then also receive the proceeds in the fund’s dealing currency. Many South Africans ...
Offshore financial centre
An offshore financial centre (OFC), though not precisely defined, is usually a small, low-tax jurisdiction specializing in providing corporate and commercial services to non-resident offshore companies, and for the investment of offshore funds. The term was coined in the 1980s. Academics Rose & Spiegel, Société Générale, and the International Monetary Fund (IMF) consider offshore centres to include all economies with financial sectors disproportionate to their resident population:An OFC is a country or jurisdiction that provides financial services to nonresidents on a scale that is incommensurate with the size and the financing of its domestic economy.Academics opt for a similar definition focus on the non-resident business and cross-border elements:An offshore financial centre may itself be defined as a regime which has chosen as a main or important path to development, legislative, financial and business infrastructure which is more flexible than orthodox infrastructure and which caters more specifically, and often exclusively, to the needs of non-resident investors ... this legislative framework includes innovations in trust, banking, fiscal, insurance, financial and company law.