Page 22 - Automatic Exchange News Today

To print this article, all you need is to be registered or login on Mondaq.com. This guide to Bermudas private client sector includes commentary on tax, trusts, foundations and private wealth structures used within the jurisdiction, including charitable or philanthropic structures. It also looks at capital gains, withholding and wealth tax rules along with issues relating to real property, immigration, succession, making a will and estate planning considerations, legisla...

This guide to Bermuda's private client sector includes commentary on tax, trusts, foundations and private wealth structures used within the jurisdiction, including charitable...

PASAY CITY, Feb. 19 -- The Department of Finance (DOF), through its Revenue Operations Group (ROG), has assisted the national government in implementing several regulations related to the Bayanihan To Heal As One Act (Republic Act (RA) No. 11469 or the Bayanihan 1) and Bayanihan To Recover As One Act (RA 11494 or the Bayanihan 2) to provide relief to sectors hardest hit by the economic shock triggered by the COVID-19 pandemic.  In a report to Finance Secretary Carlos Dominguez III, Ti...

Uganda commits to start automatic exchange of financial account information by 2023 Exchange of information   17/02/2021 – Uganda has committed to implement the international Standard for Automatic Exchange of Financial Account Information in Tax Matters (AEOI) by 2023. The commitment made by the Minister of Finance, Planning and Economic Development, the honorable Matia Kasaija, makes Uganda the 116 Maria José Garde, Chair of the Global Forum, said “I am delighted to welcome Uganda’s c...

Updated: February 09, 2021 10:48 IST Over ₹1,290 cr. penalty levied so far for deposits made in unreported foreign bank accounts in HSBC cases, tells MoS Anurag Thakur in Lok Sabha Share Article AAA According to MoS Anurag Thakur, the Indian government has taken various initiatives in the recent years to bring back black money from abroad. File photo for representational purpose only   | Photo Credit: REUTERS Over ₹1,290 cr. penalty levied so far for deposits made in unreported foreign ba...

To print this article, all you need is to be registered or login on Mondaq.com. As known, Multilateral Competent Authority Agreement on Automatic Exchange of Financial Account Information (the Agreement) was signed on 21.04.2017 after 6 years by 107 countries so far, including Turkey which approved the Agreement on 21.12.2019. According to the Agreement, the signatory countries will share the financial account information of the resident of the relevant country which is ...

SARS is aware of your offshore assets Search Polity Note: Search is limited to the most recent 250 articles. To access earlier articles, click Advanced Search and set an earlier date range. To search for a term containing the & symbol, click Advanced Search and use the search headings and/or in first paragraph options. With... Clear Search Sponsored by Sponsored by The days where SARS shuts its eyes to taxpayers’ offshore holdings are thing of the past. SARS is finally utilising the Automati...

Invested offshore to dodge the taxman? Sars is coming for you 6 January 2021 7:47 PM Share This: With the notice weve seen, Sars asks for information regarding tax years from 2015 to 2019 - tax attorney Jean du Toit. One route to avoid taxation has traditionally been to take your money offshore, without disclosure. Now the South African Revenue Service has offshore investors on its radar. Sars is finally ready to utilise the Automatic Exchange of Information to investigate South African tax res...

International community reaches important milestone in fight against tax evasion Tax   09/12/2020 - New international standards on the automatic exchange of information for tax purposes have so far been satisfactorily implemented by countries worldwide, marking an important milestone in the global fight against tax evasion, according to a new report published today by the Global Forum on Transparency and Exchange of Information for Tax Purposes (the Global Forum). The first Peer Review of the...