Search Results for: British Virgin Islands
BVI Removed From French ‘Blacklist’
December 28th, 2015
The British Virgin Islands (BVI) has been removed from France’s list of non-cooperative tax jurisdictions as a result of greater cooperation between the jurisdictions. The BVI said it had responded to almost all of France‘s requests for information to ...
Deutsche Bank’s Swiss Unit to Pay $31 Million in Tax Case
November 27th, 2015
U.S. has reached non-prosecution deals with 57 Swiss banks Firms have paid a total of $570.4 million in tax accords Deutsche Bank AG’s Swiss unit agreed to pay $31 million to receive a non-prosecution agreement in a U.S. probe ...
The Common Reporting Standard: Automatic Information Exchange Goes Global
October 16th, 2015
Automatic exchange of information for tax law enforcement purposes started first in Europe with the EU Savings Tax Directive, went international with the US Foreign Accounts Tax Compliance Act, and, from 2017, will go global with the recently-agreed Common ...
Central Bank of Ireland opposes the acquisition of Ava Trade by Playtech
October 5th, 2015
Playtech plc has issued today a press released to inform public in regarding the latest update in relation to Ava Trade acquisition. According to the company: Late on Friday 2 October 2015, the Company received a letter from the ...
Methods of Tax Avoidance: Doubts Grow Over Fight Against Big Business Tax Evasion
September 24th, 2015
Lawmakers in the European Union say they have doubts that the fight against “aggressive” tax saving plans by the likes of Amazon, Barclays, Coca Cola, Facebook and Google can be sustained because of a lack of political agreement. The ...
Ex-Merrill Lynch Broker Ordered to Pay Restitution for Insider Trading
August 26th, 2015
Scheme used offshore brokerage account to make trades based on Qualcomm inside information A former Merrill Lynch broker was ordered to pay $1.4 million in restitution to the brokerage on Tuesday for his role in an insider-trading scheme involving ...
OECD updates anti-tax evasion list
August 4th, 2015
Europe’s attempts to clean up tax evasion and money laundering took a step forward yesterday when an international task group said that Austria — a eurozone nation that was until recently falling short —was almost fully compliant with new ...
Justice Department Announces Two Banks Reach Resolutions under Swiss Bank Program
July 10th, 2015
Banque Pasche SA Will Pay $7.229 Million Penalty and ARVEST Privatbank AG Will Pay $1.044 Million Penalty; Both Continue to Cooperate With Department of Justice The Department of Justice announced today that two banks, Banque Pasche SA and ARVEST ...
Playtech plc: Posting of Circular and convening of General Meeting in relation to the proposed acquisition of Ava Trade Ltd.
July 9th, 2015
On 1 July 2015, Playtech announced that its subsidiary, TradeFX, had entered into a share purchase agreement under the terms of which it will acquire the entire issued share capital of Ava Trade Ltd., an online B2C CFD broker over ...
Proposed Acquisition of Ava Trade Ltd. and new Revolving Credit Facility
July 1st, 2015
Playtech is pleased to announce that its subsidiary, TradeFX Limited (“TradeFX”), has entered into a share acquisition agreement under the terms of which it will acquire the entire issued share capital of Ava Trade, an online B2C CFD broker ...
