Switzerland’s finance minister, Hans-Rudolf Merz, has reaffirmed the
country’s willingness to increase tax transparency by committing to 12 revised
double taxation treaties by the end of this year.
The committment comes at a time when the US Department of Justice has
confirmed it intends to forge ahead with plans to undertake legal action against
investment banking giant UBS, according to
The Internal Revenue Service (IRS) is seeking the identities of some 52,000
American private wealth clients of the bank with accounts in Switzerland.
The secretive haven has already negotiated six tax information agreements
this year, and needs an additional six to comply with the Organisation for
Economic Co-operation and Development’s minimum of 12, which elevates
jurisdictions to ‘white-list’ status.
"The whole idea of HMRC officials supplying confidential information about individuals to the media on a non-attributable basis is, or should be, a matter of serious concern," say Supreme Court judges
Crowe Clark Whitehill , the top 20 accountancy firm, has announced the promotion of Chris Mould to partner
The latest opinions from Accountancy Age on Making Tax Digital, and outline plans to evolve the UK's corporate governance regime
Five million taxpayers are ow using digital personal tax accounts (PTA) as part of the making tax digital strategy, HMRC said