Latest News for: Taxes offshore

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Your Taxes: The OECD, the UN and Israel - opinion

The Jerusalem Post 02 Dec 2022
Tax Shenanigans continuing ... The data shows that the median average revenue per employee in offshore jurisdictions with a corporate income tax (CIT) rate of zero is around $2 million as compared to around $300,000 for more taxing jurisdictions with a CIT rate above zero ... shifting profits offshore.).
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Illegal gambling costs industry and taxpayers billions, report says

Victoria Advocate 02 Dec 2022
“This illegal wagering robs state governments of $13.3 billion in tax revenue annually, nearly $2.5 billion more than legal operators generated in 2021 ... Combating compulsive gambling, a byproduct of expanded gambling opportunities, is generally funded through fees and taxes imposed by state and local governments, which offshore sites don’t pay.
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How will UK’s energy windfall tax hike impact oil & gas players?

Offshore Energy Today 02 Dec 2022
Moody’s has highlighted that the rise in the energy windfall tax will crimp the North Sea producers' free cash flow generation. The post How will UK’s energy windfall tax hike impact oil & gas players? appeared first on Offshore Energy ... .
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NHS ‘sticking plaster’ will not solve underlying recruitment problems – Starmer

AOL 02 Dec 2022
The status is given to a person who is considered by law to have their permanent home in another country – and subsequently they do not pay tax on their offshore income ... people to avoid paying their taxes in this country,” Sir Keir said.
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Shakira and ex Gerard Piqué formalise child custody agreement in court

The Advocate & Democrat 02 Dec 2022
Kanye West claims IRS has frozen four of his bank accounts due to 50 million dollar tax debut ... Shakira is accused of pretending to live abroad and using an offshore corporate accounts structure to avoid meeting tax obligations from 2012 to 2014 and faces trail on six different charges.
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What are the pros and cons of investing in a second passport?

The National 02 Dec 2022
Tax incentives ... Similarly, second passports for Caribbean Commonwealth countries such as St Kitts and Nevis are highly appealing as their government does not impose a tax on offshore income; this benefit applies to both personal and professional income.Business growth.
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Who was Douglas Latchford? Indicted art dealer accused of selling stolen Asian relics

East Bay Times 02 Dec 2022
Guests started streaming in the door. Then came the caviar. “They were literally kissing his ring,” Clark said ... That effort was complicated by the fact that the Bangkok dealer also used secret offshore companies and trusts to hide stolen artifacts and, critics say, evade taxes and government oversight, the “Pandora Papers” investigation found ... 8, 2022.
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Shakira, ex Gerard Pique formalize child custody agreement in court

Canoe 01 Dec 2022
Shakira feels ‘violated’ over multimillion-dollar tax fraud case ... Shakira is accused of pretending to live abroad and using an offshore corporate accounts structure to avoid meeting tax obligations from 2012 to 2014 and faces trail on six different charges.
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Complexities of outward FDI

Business Line 30 Nov 2022
India’s firm-level OFDI data published by the RBI since 2007 indicates that around 68 per cent of the total OFDI flows were directed to Offshore Financial centres (OFCs) between 2007 and 2021. Low-tax destinations ... This is often done with the motive of getting preferential tax treatment ... Tax revenue loss.
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HMRC chases 5,500 offshore companies for missing property taxes

Financial Times 30 Nov 2022
Authority under pressure to close the offshore tax gap ....
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KNOT Offshore Partners LP Earnings Release—Interim Results for the Period Ended September 30, 2022

The Facts 29 Nov 2022
KNOT Offshore Partners LP (NYSE.KNOP). ... For the three months ended September 30, 2022, KNOT Offshore Partners LP (“KNOT Offshore Partners” or the “Partnership”). ... About KNOT Offshore Partners LP ... KNOT Offshore Partners LP is structured as a publicly traded master limited partnership but is classified as a corporation for U.S ... KNOT Offshore Partners LP.
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Sweden Renewable Energy Policy Handbook 2022 - ResearchAndMarkets.com

The Facts 29 Nov 2022
DUBLIN--(BUSINESS WIRE)--Nov 29, 2022--. The "Sweden Renewable Energy Policy Handbook, 2022 Update" report has been added to ResearchAndMarkets.com's offering ... Scope ... Reasons to Buy ... Key Topics Covered. ... 6 Hydrogen Energy ... 9 Cancellation of Solar Tax for Commercial PV ... 11 Reduction in Connections Costs for Offshore Wind Power. 12 Energy Tax. 13 Carbon Tax.
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FTX's Bahamas crypto empire: Stimulants, subterfuge and a spectacular collapse

Independent online (SA) 28 Nov 2022
"The emperor had no clothes," he said ... "You were my family ... The Bahamas, a former British colony comprising hundreds of islands 45 minutes from the Florida coast, has for decades been a darling of American tourists for its scenic beaches - and of offshore financial engineers and money launderers for its minimal taxes and corporate disclosure rules.
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IHC help sought to reimpose Rs5bn tax on Saifullah family

Dawn 27 Nov 2022
The Federal Board of Revenue (FBR) on Friday filed 20 appeals against the order of an Appellate Tribunal of Inland Revenue (ATIR) in a matter pertaining to the imposition of Rs5bn additional tax on the undeclared offshore properties owned by the Saifullah family.
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Shakira feels ‘violated’ over £12 million tax fraud case

Mesabi Daily News 26 Nov 2022
Shakira feels “violated” by the Spanish tax authorities accusing her of a £12 million fraud ... She is accused of pretending to live abroad and using an offshore corporate accounts structure to avoid meeting tax obligations from 2012 to 2014 ... She never exceeded the 183 days of presence in Spain required to be a tax resident.

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Meeting between Prime Minister Sanna Marin and Chancellor Scholz on 16 March 2022
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File - Europol building, The Hague, the Netherlands, is the headquarters of Europol, a European organization, in which national police forces cooperate, similar to Interpol.
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