Offshore Firms That Are Tax Havens Received £18M from the Scottish Government
It is no secret that high-net-worth individuals, as well as corporations, try to do whatever they can to pay low taxes, including using offshore tax havens.
Author: Robert
High-Net-Worth Individuals Can No Longer Rely on Old Golden Visa Rules to Enter the UK
Previously, high-net-worth individuals were able to streamline their process of entering the UK and investing within the country via the so-called golden visa rules.
An Isle of Man Firm Faces Tax Controversy Along with Arron Banks
The Isle of Man is known as one of the locations that offshore companies flock to in order to reduce the taxes they pay.
Contractors at the Australian Tax Office Face Accusations of Connections with Tax Havens
The controversy regarding tax havens and offshore bank accounts occurs around the world, and even those working in tax offices are not free from blame.
France Will Be Collecting Taxes from Digital Giants in 2019
Corporate tax is a highly debated issue, particularly when it comes to large multi-national corporations. France has taken a firm stance when it comes to digital giants, indicating that the country will tax these companies, even if there is not yet an agreement in place across the European Union to do so.
The UK’s Recently Announced Income Tax Cuts Will Have the Largest Benefits for the Rich
The recent budget from Philip Hammond has made headlines for including income tax cuts that will supposedly benefit millions of workers.
France Is Considering Tax Breaks for Bitcoin Investments
Bitcoin is one of the few things that can make tax regulations even more complicated than they are already are thanks to offshore holdings and everyone trying to pay low tax rates.
The Midterm Elections Saw More Defeated State Tax Measures than Normal, Showing Changing Feelings Toward Taxes
Taxes are frequently found on the ballots during elections, including midterms. The most recent midterm elections in the United States took a unique turn when it comes to the tax measures found on the ballots, defeating more measures than in the past.
The EU Is Getting Tough on Isle of Man’s Tax Loophole for Private Yachts and Jets
The European Commission recently launched proceedings against the Isle of Man over the tax breaks it gives to some of the world’s high-net-worth individuals when purchasing private yachts and jets. In the proceedings, the European Commission refers to these tax breaks as illegal.
San Francisco Voted to Tax the Large Tech Companies to Provide Help to Homeless
San Francisco is known as a technology hub, but it also has a great deal of homelessness due to the high cost of living that comes from that high-tech status.