Cayman Islands
featured
|
German hedge fund manager Florian Homm, who had been a fugitive for more than five years, was arrested in Italy on U.S. fraud charges, according to a statement from the U.S. attorney's office in Los Angeles. » Read More |
When the Treasury secretary nominee was chief operating officer of Citigroup's Alternative Investments unit, the bank had over a hundred subsidiaries based in the Cayman Islands. » Read More |
More
-
LONDON, June 15- Britain turned up the pressure on other rich economies to clamp down on secretive money flows at a summit next week by pressing its overseas tax havens into a transparency deal and announcing new disclosure rules for British firms.
-
LONDON, June 15- Prime Minister David Cameron will press Britain's overseas tax havens to sign up to an international transparency treaty in London on Saturday, before he meets leaders of G8 economies to push for coordinated global action on tax avoidance and evasion.
-
LONDON, June 15- Britain's Prime Minister David Cameron will press its overseas tax havens to sign up to an international transparency treaty in London on Saturday, hoping to bolster British credibility ahead of next week's G8 summit.
-
Britain's own tax havens are world leaders. Britain's list of exotic Overseas Territories reads like an accountant's dream menu for a cash-rich Russian oligarch with something to hide, while British lawyers lead the field as gatekeepers for elaborate global mazes of offshore trusts.
-
LONDON, June 12- Bermuda's premier is not ready to sign an international transparency convention that he said Britain's prime minister had planned to achieve ahead of the G8 summit in Northern Ireland next week, potentially scuppering a broad deal.
-
LONDON, June 12- Britain's overseas territories will not sign up to an international convention aimed at tackling tax evasion ahead of the G8 summit in Northern Ireland next week, the premier of Bermuda said on Wednesday.
-
LONDON, June 12- Britain's overseas territories will not sign up to an international convention aimed at tackling tax evasion ahead of the G8 summit in Northern Ireland next week, the premier of Bermuda said on Wednesday.
-
District Judge Shira Scheindlin in Manhattan on Thursday said the SEC could not pursue civil penalties for much of the 13- year period in which the alleged misconduct occurred. The decision is among the earliest to apply February's unanimous U.S. Supreme Court ruling in SEC v.
-
LONDON, June 3- Bermuda is not to blame for companies such as Google using Bermudan subsidiaries to shelter billions of dollars from U.S. and European tax authorities, the territory's finance minister said on Monday.
-
The attention this week on the ability of Apple and other prominent American corporations to avoid corporate taxes through offshore tax arrangements obscures a perhaps more significant development, highlighted by Luxembourg's abrupt retreat from banking secrecy, the NYT reports.
-
SAN FRANCISCO, May 20- Apple Inc will argue for a comprehensive corporate tax reform that will levy a "reasonable tax" on foreign earnings and is not dependent on a company's revenue when it goes before a Senate panel on Tuesday to explain its offshore tax practices.
-
NICOSIA, May 15- When the Cyprus bank run began earlier this year, Russians set much of the pace. Prepared in April by private sector lenders Bank of Cyprus and Laiki Bank, and passed to lawmakers by the island's central bank, the documents list 5,323 transactions, most previously undisclosed.
-
LONDON/ WASHINGTON, May 9- A joint effort by Britain, the United States and Australia to track down people who conceal wealth in offshore tax structures has helped identify more than 100 individuals, the UK's tax authority said on Thursday. "The message is simple: if you evade tax, we're coming after you," said Britain's Finance Minister George Osborne.
-
WASHINGTON, May 6- "Tax the other guy, not me!" Republican Dave Camp, chairman of the powerful tax-writing Ways and Means panel in the U.S. House of Representatives, commissioned the report. One supporter of the Cayman Islands, home to many offshore business ventures, commented on page 523: "Do not associate the Cayman Islands with tax evasion."
-
*Britain has made fighting tax evasion a priority. LONDON, May 2- Tax havens such as Bermuda and the Cayman Islands will work more closely with Britain and other European countries to fight tax evasion, British finance minister George Osborne said on Thursday. Austria in turn has accused Britain and the United States of shielding their own tax havens.
-
The cruise operator, owned by Carnival Corp, on Wednesday said the upgrades would improve back-up systems across its 24- ship fleet.
-
Swiss banks have repeatedly been in the firing line for aiding tax evasion, but the country often complains it is unfairly targeted compared to offshore centres elsewhere like Singapore, Miami and the Cayman Islands.
-
"We will fight for bank secrecy. We are no tax haven," Austria's finance minister said after a group led by Europe's six biggest countries pledged to work together to tackle tax havens.
-
DUBLIN, April 13- Austria defied growing pressure to follow Luxembourg in ending bank secrecy, after a group led by Europe's six biggest countries pledged to work together to tackle tax havens.
-
DUBLIN, April 13- Austria defied growing pressure to follow Luxembourg in ending bank secrecy, after a group led by Europe's six biggest countries pledged to work together to tackle tax havens.
Most Popular Video
The Federal Reserve won't change course on quantitative easing this week, Steve Weiss of Short Hills Capital says.
Tuesday, 18 Jun 2013 | 7:10 AM ETAn airline passenger records a Chinese cargo handler as he tosses boxes of something on to and off of a conveyor belt for shipment. Hopefully, the cargo was packed well.
Tuesday, 18 Jun 2013 | 9:33 AM ETPlans to take PC maker Dell private by leveraging the company's balance sheet are misguided, CNBC's Jim Cramer said on "Squawk on the Street" Tuesday, because the company is facing lower margins and an increased competition from rival Hewlett Packard.