Search Results for: tax
Swiss bank UBS is to face legal action for encouraging tax fraud that could cost it billion euros
July 11th, 2016
Swiss bank UBS, along with several of its former executives, is to face legal action for encouraging tax fraud that could cost it five billion euros, if judges accept a public prosecutor’s recommendation, reports said Friday. The company sent ...
The Swiss Council adopts dispatch on automatic exchange of tax information with eight states and territories
July 8th, 2016
The Federal Council adopted the dispatch on the introduction of the automatic exchange of financial account information with Iceland, Norway, Guernsey, Jersey, the Isle of Man, Japan, Canada and the Republic of Korea, and submitted it to Parliament for ...
George Osborne has pledged to cut corporation tax to 15% from 20% rate
July 4th, 2016
George Osborne has pledged to cut corporation tax to encourage businesses to continue investing in the UK following the EU referendum vote. In an interview with the Financial Times, the chancellor said he would reduce the rate to below 15% ...
Goodbye to all VAT? EU indirect tax after Brexit
July 1st, 2016
Nicholas Hallam, CEO at Accordance, examines what could happen to EU VAT after the UK’s vote to leave the union. A year ago, asking EU VAT commissioner Donato Raponi what Brexit would mean for EU VAT provoked derisory hilarity ...
Brexit – What Does It Mean For Taxpayers?
June 29th, 2016
June 23rd, 2016, whether for good or for ill, will go down in history as the day on which the European Union became less united, setting in train an as-yet-uncertain, although widely speculated upon, sequence of events. The referendum ...
12 Tips For Claiming Summer Camp Expenses On Your Taxes
June 28th, 2016
My daughter is braving the summer heat in goalie pads today at field hockey camp. It was an early morning, loading equipment into the car and getting to registration on time but we know this drill by now. You ...
Ryan Tax Plan Cuts Corporate Rate to 20% to Stem Inversions
June 27th, 2016
U.S. corporations would get the largest federal income-tax rate cut in history, and their foreign earnings would no longer face domestic taxes when they return to the U.S. under a plan that House Republicans unveiled Friday. The changes would ...
International Telecom Group offices raided over money laundering and tax fraud suspicion
June 22nd, 2016
Nineteen people have been arrested and nine of them charged with money laundering after BuzzFeed News revealed Lycamobile’s “deeply suspicious” cash movements. The Conservative party’s biggest donor, the telecoms giant Lycamobile, has been raided by French police on suspicion ...
Brexit Would require the UK Government to hike taxes by GBP5bn (USD7.4bn) to meet its target
June 13th, 2016
The Institute of Fiscal Studies (IFS) has warned that in the event of a “Brexit,” the UK Government would need to hike taxes by GBP5bn (USD7.4bn) to meet its target of a balanced budget in 2019-20. The warning was ...
Deloitte announces new Managing Partner for Tax
June 8th, 2016
Deloitte has announced Matt Ellis as new managing partner for tax in the UK and Switzerland. He assumes the role from Andy Hodge, who has led the practice for the past five years and is retiring from the firm. ...
