Since Boris Johnson became a major candidate for UK Prime Minister, there has been a discussion of potential tax-free zones. In August, the new trade secretary, Liz Truss, promised to…
There has been a great deal of debate about the “secret” company registers within crown dependencies. Companies and high-net-worth individuals who hold their funds in crown dependencies like Guernsey, the…
Recently, after much debate, the Australian High Court officially ruled that the Australian Tax Office can legally use the information found in the Paradise Papers. This came after Glencore, a…
Mauritius is not the first country most people think of as a tax haven, but this African island has a rich history of acting like one. Mauritius sits in the…
According to the Papua New Guinea Prime Minister, Manus Island will move to have no corporate taxes at all. This announcement has led to concerns from others that the island…
Bermuda has the goal of becoming a destination for financial technology companies, but it has also made it clear that it does not want to be considered a tax haven.…
It is no secret that high-net-worth individuals and corporations look for tax-free zones as a way to maximize profits and investments. Countries must straddle a fine line regarding taxes. They…
When most people imagine a tax haven, they think of an overseas territory where companies and individuals hide their funds to pay a lower tax rate. While that is the…
Tax havens sometimes have to walk a fine line between encouraging companies and high-net-worth individuals and maintaining a strong public image. Recently, a British tax haven decided it would be…
Showing that no high-net-worth individual is above suffering from a tax evasion scandal, Shakira recently attended court in Barcelona regarding a tax fraud case. The public prosecutor accuses Shakira of…