09/14/2013
Bank customers who do not update (actualicen in Spanish) their personal information with their local bank, within the next three months, could face possible closing of their accounts.
09/14/2013
That's what banks around the world have been telling their U.S. customers, as they try to avoid having to comply with a new tax law due to come into force next year.
09/14/2013
That's what banks around the world have been telling their U.S. customers.
09/09/2013
The agreement now returns to the upper house to iron out a difference in the two versions related to the date when the Fatca agreement will be implemented.
09/04/2013
New treaties will require financial institutions to automatically disclose customer assets to overseas tax bodies
09/04/2013
OECD Secretary-General Angel Gurría today presented to G20 Leaders ground-breaking proposals to tackle tax evasion and avoidance by both companies and individuals.
09/02/2013
Swiss private bank group sees U.S. Tax spats resolved by 2015
Hundreds of banks may be covered by an accord between the U.S. and Switzerland over how to punish firms that used accounts to help American clients evade the Internal Revenue Service
08/29/2013
The settlement program will apply to about 100 second-tier Swiss banks
08/29/2013
This program will significantly enhance the Justice Department’s ongoing efforts to aggressively pursue those who attempt to evade the law
08/27/2013
The Swiss government is due to decide today whether to accept the accord
08/27/2013
Switzerland said it has agreed to a draft plan with the U.S. for the country’s banks to settle a tax-evasion dispute after years of diplomatic wrangling.
08/27/2013
The US Internal Revenue Service has released a series of videos to help foreign financial institutions sign up for the Foreign Account Tax Compliance Act
08/27/2013
The Swiss Finance Ministry has been instructed to complete work on a joint statement with the U.S
08/27/2013
The U.S. and Switzerland agreed to resolve a long-running dispute over offshore tax evasion by letting some banks voluntarily disclose wrongdoing and turn over account information on American clients
08/25/2013
Switzerland will decide soon on whether to keep pursuing a tax agreement with the United States, an outgoing top diplomat
08/11/2013
More U.S. citizens are giving up their American passports as the government cracks down on tax evaders.
07/30/2013
The NPA provides that LLB-Vaduz will not be criminally prosecuted for opening and maintaining undeclared bank accounts for U.S. taxpayers from 2001 through 2011
07/27/2013
In the latest example of how the world’s wealthy nations have ramped up cooperation against offshore tax evasion
07/16/2013
Japan has a law called the Tax Haven Counter Measure Law. It applies to any Japanese subsidiary in a low tax jurisdiction with a tax rate of 20% or less
07/16/2013
National tax laws have not kept pace with the globalisation of corporations and the digital economy, leaving gaps that can be exploited by multi-national corporations to artificially reduce their taxes.