Search Results for: tax authority
Israel Tax Authority probing 30,000 more Israelis’ US accounts
February 28th, 2017
Information from the IRS will be cross-checked with reports by Israelis about their overseas assets. The Israel Tax Authority today announced that in recent days, it had obtained additional information about 30,000 accounts at US financial concerns belonging to ...
HMRC: Government names new bosses at tax authority
February 25th, 2016
The government has appointed new bosses at the UK tax authority HM Revenue and Customs (HMRC). Jon Thompson has been appointed chief executive; he is currently Permanent Secretary at the Ministry of Defence. Edward Troup, who has been responsible ...
HMRC’s step to become a tax authority fit for the future
November 16th, 2015
HMRC announces next step in its ten-year modernisation programme to become a tax authority fit for the future Fewer, more modern regional centres and highly skilled staff will provide customers with better services HMRC has today announced the next ...
Joint Press Release by the Bank of Israel, the Israel Securities Authority, the Ministry of Finance, the Ministry of Justice, and the Israel Tax Authority
November 13th, 2015
The Joint Team to Promote Securitization in Israel publishes its final report, and recommends that the securitization market be developed cautiously and in a measured fashion by removing obstacles. The Interministerial Team for the Promotion of Securitization in Israel ...
Scotland to impose its own tax authority
August 22nd, 2014
Edinburgh took a step closer to operating its own version of HMRC this week, after the Scottish parliament passed the Revenue Scotland and Tax Powers Bill. The chair of the Chartered Institute of Taxation’s (CIOT) Scottish technical subcommittee, Moira ...
QFC Authority revises rules to offer tax relief
July 15th, 2014
This move follows amendments to tax rules and regulations, the Authority said Monday in a media statement. The tax updates will help Qatari-owned entities investing in Qatar by allowing them to opt for the zero tax rate on their ...
EU’s tax irregularities attract international attention
February 25th, 2021
Le Monde’s recent “OpenLux” revelations show that Luxembourg fails to act fairly within the European Union by offering low tax rates to corporates – underscoring the flaw of an unharmonised EU system, according to Jay Sanghrajka, partner at Price ...
Pan-European tax fraud web leads to New Jersey and Dubai
September 12th, 2018
White-collar criminals aren’t usually so blatant about their intentions. But after tracking a trail of tax fraud that flowed from Denmark to Germany, the UK, Canada, Luxembourg and Malaysia, Danish investigators stumbled on a corporation in Delaware whose name ...
How governments tax matters for productivity
April 20th, 2017
Productivity drives our living standards. In our April 2017 Fiscal Monitor, we show that countries can raise productivity by improving the design of their tax system, which includes both policies and administration. This would allow business reasons, not tax ...
Netherlands to introduce Registry Of Beneficial Ownership to fight Tax evasion
April 10th, 2017
One year after the revelations of the Panama Papers there is still a lot of work to do for the Netherlands to effectively prevent and fight widespread international money laundering structures and unlawful tax evasion. This is especially the ...
