Invest Offshore

Tag: OECD

  • Rocky road ahead for global anti-tax evasion framework

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    Aaron
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    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…

  • World Bank and IMF: Where do they stand on progressive and responsible taxation?

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    Aaron
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    The IMF and the World Bank are increasingly engaged with the challenge of addressing how tax avoidance and evasion affect developing countries. However, their approach needs to go much further to address the role played by multinational enterprises and tax havens in exacerbating inequality and undermining countries’ domestic revenues. The World Bank and the IMF…

  • How to Structure Capital Offshore

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    Aaron
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    Structure Capital Offshore – The Only Tax Rules Compliant and Double Tax Agreements Non-Reporting and Excluded Account The pension regime is very important internationally and one thing the OECD organization has done amazingly well is Double Tax Agreements. They have come out with an amendment to the OECD model double tax agreement that introduces a…

  • The case for offshore

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    Aaron
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    Eye-popping revelations in the Panama Papers have fanned concerns that the so-called “tax havens” lie at the centre of a giant web of criminal conduct. Some, including UK Leader of the Opposition Jeremy Corbyn, have demanded that these offshore centres be “shut down”, and so disconnected from the global grid. The uproar invites examination of…

  • USA: The New Switzerland?

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    Aaron
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    At one time, tax havens took great pride in calling themselves just that, since low-tax jurisdictions provide people with freedom from oppressive taxation. But, in recent decades, the Organisation for Economic Cooperation and Development (OECD, based in France, but largely funded and controlled by the USA) has been on a rampage to crush tax havens.…

  • Automatic Exchange of Information: What can YOU do about it?

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    Aaron
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    Taxpayers with offshore assets as well as financial institutions that hold them, will all face new challenges under the OECD’s updated Common Reporting Standard (CRS). The CRS, formally the Standard for Automatic Exchange of Financial Account Information in Tax Matters, seeks to establish a global methodology for the sharing amongst tax authorities of data in…

  • Offshore Corporate Structures Under Attack

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    Aaron
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    New OECD attack on corporations means this regulatory non disclosure reporting compliance is more important than ever! With new moves from the OECD to curb corporate tax loopholes imminent, now is a good time to look at diversifying your business and personal financial solutions. OECD unveils plan to close tax loopholes We can help you…

  • Luxembourg an On-shore IFC for Offshore Investment

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    Aaron
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    Luxembourg is not a tax haven. It is not a country where you can hide assets in case of criminal investigations or amidst money laundering operations. Luxembourg has implemented all of the international standards in terms of the exchange of information for tax purposes. It has also implemented the Organization for Economic Co-operation and Development…

  • Hong Kong leads the way on TIEAS

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    Aaron
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    It’s important to understand that Hong Kong has never had any bank secrecy laws, the Inland Revenue Department (IRD) always had a mandate to collect information from banks for the purposes of administration of taxes under the IRD tax code. Hong Kong, when collecting data to honor the terms of the tax information agreements (TIEAs)…