financial services News
Guernsey Regulator Releases Stock Market Integrity Code
by Jason Gorringe, Tax-News.com, London
Thursday, April 19, 2018
Guernsey's financial services regulator, the Guernsey Financial Services Commission, has released a draft code on market conduct standards focusing on behavior it considers amounts to market abuse. Read Full Story
Luxembourg Vulnerable To International Tax Developments, Says IMF
by Ulrika Lomas, Tax-News.com, Brussels
Wednesday, April 4, 2018
International tax developments could have a negative impact on Luxembourg's tax revenues and economy, the International Monetary Fund has said in its latest Luxembourg country report. Read Full Story
British Virgin Islands Budget Focuses On Financial Services' Future
by Mike Godfrey, Tax-News.com, Washington
Friday, March 23, 2018
The British Virgin Islands has maintained its low tax credentials with no new taxes announced in its 2018 Budget. Read Full Story
Bermuda To Regulate Initial Coin Offerings
by Mike Godfrey, Tax-News.com, Washington
Friday, March 23, 2018
Bermuda's Premier and Minister of Finance, David Burt, told the island's parliament last week that his government will shortly release a draft Bill to regulate initial coin offerings in Bermuda. Read Full Story
Caribbean States Appeal To EU Over Tax Blacklisting
by Mike Godfrey, Tax-News.com, Washington
Friday, March 23, 2018
The Organisation of Eastern Caribbean States, a grouping of 15 Caribbean territories, says it is working hard through its Brussels embassy to address EU concerns, which have led to a number of its members being included on a tax blacklist. Read Full Story
IRS To End Offshore Voluntary Disclosure Program
by Mike Godfrey, Tax-News.com, Washington
Wednesday, March 14, 2018
The Internal Revenue Service has announced plans to close the 2014 Offshore Voluntary Disclosure Program (OVDP) from September 28, 2018. Read Full Story
Bahrain Commits To Introducing VAT This Year
by Lorys Charalambous, Tax-News.com, Cyprus
Wednesday, February 28, 2018
Bahrain has committed to pushing towards the introduction of the Gulf Cooperation Council's value-added tax framework by the end of the year. Read Full Story
New CbC Reporting Guidance Included In OECD's BEPS Update
by Ulrika Lomas, Tax-News.com, Brussels
Tuesday, February 13, 2018
The Inclusive Framework on BEPS has released additional guidance to give certainty to tax administrations and MNE Groups alike on the implementation of Country-by-Country (CbC) reporting (BEPS Action 13). Read Full Story
Barbados Agrees To Phase Out Harmful Tax Regimes
by Mike Godfrey, Tax-News.com, Washington
Tuesday, February 13, 2018
Two Barbados preferential tax regimes have been labelled "potentially harmful" in additional guidance released by the OECD in connection with its base erosion and profit shifting project. Read Full Story
India Slashes CIT For More Taxpayers In 2018 Budget
by Mary Swire, Tax-News.com, Hong Kong
Thursday, February 1, 2018
India's 2018 Budget included proposals to expand the scope of the concessionary rate of corporate income tax, an increase to the tax levied in addition to corporate income tax by one percent, and changes to capital gains tax rules. Read Full Story
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