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Financial Centre News




France's Le Maire Calls For Tax Haven Sanctions

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, November 7, 2017

French finance minister Bruno Le Maire has urged countries to approve tougher sanctions against jurisdictions that do not adhere to standards in tax transparency in the wake of the Paradise Papers leak. Read Full Story

 


Cayman Budget Targets Budget Surpluses

by Mike Godfrey, Tax-News.com, Washington

Thursday, November 2, 2017

The Cayman Islands' Premier, Alden McLaughlin, recently delivered the territory's first two-year budget, which was notable for the absence of new borrowing or revenue-raising measures. Read Full Story

 


Cayman Islands Refutes Tax Haven Label

by Mike Godfrey, Tax-News.com, Washington

Friday, October 27, 2017

Jude Scott, CEO of the Cayman Islands' financial services promotion agency, Cayman Finance, has taken aim at a report labeling the territory as a "tax haven." Read Full Story

 


Bermuda's New Premier Fires Back At 'Tax Haven' Accusations

by Mike Godfrey, Tax-News.com, Washington

Thursday, October 19, 2017

Bermuda's Prime Minister, David Burt, defended the territory's reputation in a recent interview with Aaron Heslehurst of the BBC's Talking Business program. Read Full Story

 


Future Looking Brighter For Seychelles, IMF Says

by Ulrika Lomas, Tax-News.com, Brussels

Friday, September 29, 2017

Seychelles has made "remarkable progress" on strengthening its economy and finances, the International Monetary Fund says. Read Full Story

 


Cyprus Opens New Tax Amnesty For Past Tax Dues

by Jason Gorringe, Tax-News.com, London

Friday, July 14, 2017

Cyprus's Tax Department has released details of a tax amnesty, which entered into force on July 3, 2017. Read Full Story

 


Abu Dhabi Tax-Free Zone To Launch Foundations

by Lorys Charalambous, Tax-News.com, Cyprus

Friday, June 2, 2017

Abu Dhabi Global Market, the low-tax international financial center, is seeking feedback on its proposal to allow the formation of "foundations," a trust-like entity widely used in civil law jurisdictions. Read Full Story

 


Hong Kong Ranked As Freest Economy For 22nd Year

by Mary Swire, Tax-News.com, Hong Kong

Friday, February 17, 2017

For the 22nd consecutive year, Hong Kong has maintained its position as the world's freest economy in the 2017 Index of Economic Freedom from the Heritage Foundation. Read Full Story

 


50 Countries To Automatically Exchange Tax Data: OECD

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, December 28, 2016

Over 50 jurisdictions have committed to automatically exchange tax information under the OECD's Common Reporting Standard. Read Full Story

 


EU To Create List Of Non-Cooperative Tax Jurisdictions

by Jason Gorringe, Tax-News.com, London

Friday, September 23, 2016

The European Commission has confirmed plans to draw up a pan-EU list of non-cooperative tax jurisdictions. Read Full Story

 

 

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