Invest Offshore

Tag: OECD

  • Ireland is right to resist US and OECD led calls for global corporation tax rate

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    Aaron
    in

    Ireland is right to resist a global minimum corporation tax rate which could end up being a “masterclass in the law of unintended consequences”, affirms the CEO of one of the world’s largest independent financial advisory and fintech organisations. The comments from Nigel Green, the chief executive and founder of deVere Group, come as Ireland’s…

  • EY Tax survey predicts tax reform likely within six months

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    Aaron
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    Nearly two-thirds of international tax professionals are preparing for transition to territorial system NEW YORK, Oct. 13, 2017 /PRNewswire/ — Seventy percent of respondents to a 36th Annual Ernst & Young LLP (EY) International Tax Conference poll indicated that they believe tax reform is likely to occur within the next six months and 63% are taking action to manage…

  • Canada Overseas Retirement Plan and Hong Kong Pension Law

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    Aaron
    in

    A specific type of Hong Kong pension law framework, when structured compliantly, can produce a cross-border financial structure that is government regulated, registered and recognized to reduce the cost of tax for cross-border investment into and out of Canada. A Hong Kong ORSO is after tax contribution with the idea that withdrawals after age 55…

  • A Future for Offshore Financial Services?

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    Aaron
    in

    Globalization has been a one-way street of impositions by powerful countries; fiscal sovereignty has been violated by the strong; and tax competition remains under threat from the mighty. Indeed, if the current pattern of incursions, restrictions and false labelling of Caribbean jurisdictions as ‘tax havens’, and the Caribbean as a region of ‘high risk’, is…

  • Your Foreign Company and Tax

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    Aaron
    in

    Word is that Morgan Stanley in NYC has reduced their Wealth Manager staff by 15% because a) Annual filing of data to automatic report in compliance to the OECD Common Reporting Standard is a minimum cost annually of $600.00 per account and they have 2.5 Trillion under management, so you can just imagine the reporting costs;…

  • Fin.Tips backs calls to boost financial education across the world

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    Aaron
    in

    Many adults around the world struggle to perform basic financial calculations and understand how investment works studies show. Personal financial advice platform Fin.Tips is backing calls to boost financial education around the world and help individuals and families get a better grasp on their money and how they can make it work for them. An…

  • Rocky road ahead for global anti-tax evasion framework

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    Aaron
    in

    Finance ministers and central bankers from the Group of 20 countries are working to create an international framework to curb tax evasion, but differing attitudes over the recent back taxes imposed on Apple and other obstacles could stand in the way. There have been growing calls for stricter tax regulations around the world since the…