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On April 1, Italy's Minister of the Economy and Finance, Pier Carlo Padoan, signed two decrees that modify Italy's "black lists," and announced on the same day that Italy and the Vatican had signed their previously agreed tax information exchange agreement. Read Full Story
Guernsey's Minister for Treasury and Resources, Gavin St Pier, has said the future is bright for Guernsey with the territory's Budget now on an even keel. Read Full Story
HM Revenue and Customs has confirmed that it has reached agreements with Gibraltar and the Isle of Man to enable businesses in those territories to not appoint a tax representative in the UK. The announcement concerns businesses affected by the upcoming changes to the UK's regime for remote gaming duty, pool betting duty, or general betting duty from December 1, 2014. Read Full Story
Guernsey's Income Tax Office has reported that a new initiative aimed at reducing the backlog of tax returns has been successful. Read Full Story
The UK government has published long-anticipated draft legislation which will introduce new licensing requirements on offshore gambling operators and regulate gambling services provided to UK consumers on a point of consumption basis, rather than on the current place of supply basis. Offshore operators will also be expected to contribute to the cost of regulating gambling in the UK by paying more tax. Read Full Story
A British couple that received incomplete tax advice in relation to a transfer of pension entitlements to a Guernsey retirement annuity trust scheme have been dealt a further blow in a recent ruling from the UK's Upper Tribunal, which agreed that interest should be imposed on top of substantial income tax liable under an earlier 2010 ruling. Read Full Story
Swedish mobile and social platform games development studio OMI Gaming has received approval from the Alderney Gambling Control Commission to operate under a Core Service Provider Associate Certificate. Read Full Story
The Alderney Gambling Control Commission has announced that it has provided a license to the first international charity lottery to operate from the specialist e-gaming territory, situated in the English channel. Read Full Story
Alderney's Gambling Control Commission has welcomed the publication of an independent report into decisions made in relation to three companies which were licensed in Alderney to operate as Full Tilt Poker. Read Full Story
The Alderney Gambling Control Commission has announced that it is to commission an independent, external review of its actions and processes leading up to the suspension of the licenses belonging to the companies trading as Full Tilt Poker. Read Full Story
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