Latest News for: Taxes offshore

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Billionaire Nassef Sawiris changes residency to Italy

Egypt Independent 02 Apr 2025
Wealthy individuals in Britain are facing a series of changes impacting their finances, including increased taxes on inherited assets and offshore wealth. This is prompting them to leave Britain for alternative destinations with lower tax burdens ... .
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Carlo Ancelotti faces trial in Spain over alleged tax fraud

Spanish News Today 01 Apr 2025
Carlo Ancelotti, the manager of Real Madrid, is set to appear in court in Spain this Wednesday April 2 to face allegations of tax fraud ... Ancelotti is not the first high-profile football figure to be scrutinised by Spanish tax authorities.
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[INTERVIEW] Demand for Korea Treasury bonds robust due to WGBI inclusion optimism: MarketAxess, NHIS

Korea Times 01 Apr 2025
... tax and foreign exchange rules for potential offshore KTB investors with the Belgium-based financial market infrastructure group specializing in the central securities depositories.Read More.
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Letters to the Editor: Make companies that offshore work pay into Social Security

The Morning Call 30 Mar 2025
Increase tax for companies that offshore work ... all take away jobs in America, why not require them to pay a 3% Social Security tax? They are saving tons of money at the expense of American workers.
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Another dumb Trump move that’s not just a gross mistake

Alternet 29 Mar 2025
Trump said worldwide automobile taxes, er, tariffs, will come into effect next week, on April 3, alongside Trump’s so-called reciprocal tariffs, due April 2 ... Cars imported from Canada and Mexico will be taxed based on the amount of non-U.S.
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Seychelles offshore firm shuts down after Pandora Papers investigation

Blitz 28 Mar 2025
These documents uncovered how the global elite exploit offshore financial structures to conceal wealth, evade taxes, and conduct questionable financial activities beyond public scrutiny ... tax havens.
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The flight of the millionaires will impoverish Britain

The Spectator 28 Mar 2025
... ‘non-dom’ tax regime ... All the new tax exiles had been willing to pay fair taxes but baulked at Starmer’s decision not only to tax their offshore income but also their foreign-based pensions and trusts.
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UK tax crackdown hits SA expats’ global wealth

Independent online (SA) 26 Mar 2025
Foreign income and gains kept offshore are not taxed ... “From April 6, non-domiciled residents will get three tax years, with tax rates set at 12% for the first two years and 15% in the final year, to remit their previously untaxed offshore funds.”.
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Rachel Reeves hands more snooping powers to HMRC for tax dodger crackdown | This is Money

The Daily Mail 26 Mar 2025
Rachel Reeves is handing HMRC more power to crack down on tax avoidance as she looks to balance the books ... Today she said she had gone further by investing in technology to help HMRC launch a crackdown on tax avoidance ... Tax avoidance.
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Calls for the Government to amend the Foreign Investment Fund regime

NewstalkZB 26 Mar 2025
... some foreigners with illiquid investments offshore an additional, possibly more advantageous, way of paying tax.
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Chancellor Rachel Reeves to use AI to catch wealthy tax dodgers

Computer Weekly 26 Mar 2025
In a bid to tackle wealthy tax avoiders and bring in £500m in unpaid taxes, HMRC will be overhauling its approach to offshore tax non-compliance by the wealthy ... Read more about AI in government. AI Action Summit ... Developing AI datacentres.
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UK could produce oil and gas to meet half its needs for 25 years

The Times/The Sunday Times 25 Mar 2025
Offshore Energies UK said that “certainty on licensing, regulation and globally competitive tax policies” were required for the industry to ... Higher windfall tax on offshore oil will ‘lose the UK £13bn’.
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Trump effect? Why the government wants to do away with the equalisation levy or Google tax

The Economic Times 25 Mar 2025
... tax assessments, and measures to ensure tax return accuracy.
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Govt seeks to drop 6% tax on online ads, US giants may gain

The Times of India 25 Mar 2025
Govt has also proposed amendments to make offshore fund investments less taxing and sought Parliamentary nod for changes related to tax assessments under search and seizure provisions and ...
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Tullow Oil to sell Gabon assets for $300m

Offshore Technology 25 Mar 2025
The tribunal’s decision confirms that Tullow’s operations including the Jubilee and TEN fields offshore Ghana are not subject to the BPRT tax regime outlined in the Petroleum Agreements.

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