Category Archives: Tax planning

Ex-UBS banker indicted for tax evasion services

икониThe U.S. Court has indicted former senior UBS private banker for selling offshore tax-evasion services to wealthy Americans. Martin Lack is a Swiss national who until 2003 oversaw UBS’s North America business for wealthy Americans placing their money in hidden … Continue reading

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Skatteverket’s measures against tax avoidance included negotiations with BVI and other tax havens

Sweden organized co-operation with the neighbor countries to put more pressure on tax havens and make them loosen their secrecy laws allowing people to avoid paying Swedish taxes. The Copenhagen-based Nordic Council has been negotiating with several jurisdictions which have … Continue reading

Posted in British Virgin Islands, Offshore investment schemes, Tax Shelters, Tax planning | Leave a comment

Global banana companies avoid tax burden incorporating in the BVI and other offshore centers

The UK Guardian has revealed that multinational banana companies are using tax haven jurisdictions to avoid paying tax on their profits in the UK and in developing countries. In the course of international investigation into banana firms, it was found … Continue reading

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The British rock-star accused of avoiding taxes by registering his property on BVI companies

Since the British Revenue & Customs Authority started to get from the banks the details of their customers’ accounts in offshore jurisdictions, many offshore schemes have been revealed. Probably these schemes were planned and used illegally to avoid taxation. In … Continue reading

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Offshore Companies and Trusts used by wealthy to evade stamp duty on London’s property

Last week two senior figures of Labour Party raised the problem of a property tax dodge which helped the rich people to escape stamp duty and cost the Treasury of UK tens of millions of pounds a year. The tax … Continue reading

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