… put forward by the tax haven, one of 13 overseas … magnet for financial crime, including money laundering and tax evasion. Companies … dependencies such as Jersey, Guernsey and the Isle of Man … be used, including potential financial penalties and legal action …

The new research from international law firm Pinsent Masons reveals 43% decrease in the number of UK businesses being monitored by HM Revenue and Customs (HMRC) for lacking substantial presence in territories considered ‘tax havens’.   The count fell from …

In July 2022 Ruja Ignatova, the self-styled 'Cryptoqueen' behind a pyramid scheme called OneCoin, was placed on the FBI's Top 10 Most Wanted list. Accused of defrauding investors of an amount estimated at between $3.6 to 4.5 billion, the …

The Isle of Man Government runs an annual conference to promote the tiny nation as a destination for online businesses. The Reg FOSS desk, located in the Irish Sea wing of Vulture Towers, often gets invited to conferences and tech-industry events, …

… Virgin Islands is leading tax haven Ndubuisi Francis in Abuja The … countries (jurisdictions) under the Corporate Tax Haven Index (CTHI), a ranking … Isle of Man (1,144), Guernsey (1 122), Cyprus (1, … of a UN tax convention, the Tax Justice Network urged …

… who contributes the money that Guernsey spends. These had been … read the comments below our Guernsey Press Facebook post, which … alongside the new consumption tax. I haven’t read all 333 … like we did under the Financial Transformation Programme, which saved £ …

… savage financial penalties on directors and officers who haven’t … who, at that stage, haven’t necessarily caused or … each. And then the Guernsey Financial Services Commission computer said “ … here could decimate Guernsey’s financial services sector within …

… more flexible financial regulations. Read also: Wealth tax on richest … Virgin Islands, Jersey, and Guernsey. Many UK individuals and … 570 billion. As a tax haven itself, the UAE has … where favourable regulations and financial opportunities abound. Chisom Michael …

… edition of the corporate tax haven index, David Lammy, … government that the high tax haven ranking of UK overseas … , such as Jersey and Guernsey, and overseas territories had … gathering and reporting requirement for financial institutions, it claimed. …

… been registered with the Guernsey Financial Services Commission (GFSC) … Annual Report And Financial Statements FINANCIAL SUMMARY KEY DEVELOPMENTS … (Loss)/profit after tax of £(24.87) million … that the overall rates shelter provided by the receivership …