Now That The ‘Koala Kuddles’ Are Over, Here’s What The G20 Agreed On Beneficial Ownership

(Aussie PM Tom Abbott and US President Obama) Don’t expect much by way of surprises because the October 22-24 Financial Action Task Force (FATF) meeting and the OECD Global Forum on Transparency and Exchange of Tax Information Berlin plenary, also held this past October, provided some useful sign-posts to what G20Brisbane would be minded to… More Now That The ‘Koala Kuddles’ Are Over, Here’s What The G20 Agreed On Beneficial Ownership

franhendy’s OFFSHORE WEEKLY

Your summary of the biggest tax, trade and investment headlines affecting International Business and Financial Services. France Attacks US Tech Firms. U.S and Listed Multinationals in Mexico Tax Avoidance Probe. Obama Rhetoric on Offshore Profits Criticised. Ethical Fund Manager Pulls Amazon Investment. New Pay-Up First Tax Avoidance Plan Criticised. EU Parliament Urged to Ban Shell… More franhendy’s OFFSHORE WEEKLY

Going Public: UK, EU and US to Unmask Real Owners of Companies….Will Trusts Be Next?

Today in London at the Open Government Partnership Summit, Prime Minister Cameron announced his government’s plans to make public, national registers of the ‘true’ , ‘shell’, ‘real’ or ‘beneficial’ owners of companies. In the company of the Presidents of Tanzania and Liberia, Cameron said that “a list of the owners of “shell” companies where firms keep… More Going Public: UK, EU and US to Unmask Real Owners of Companies….Will Trusts Be Next?

What’s Driving Hong Kong’s Fear and Why OFCs Should Take Note.

Do you know why Hong Kong has now enacted legislation to allow it to start negotiating Tax Information Exchange Agreements (TIEAs)? Fear. I think Hong Kong is fearful that its OECD Phase 2 Assessment, which looked at the adequacy of its administrative machinery to exchange information (EOI) to current standards and its response to shortcomings… More What’s Driving Hong Kong’s Fear and Why OFCs Should Take Note.

A Private Registry of Shell Company Owners…

…could be the G8’s Plan ‘B’ in the event they fail to agree on a pubic register of beneficial owners of shell companies. In fairness to Canada then, that country may not be the only ‘spoiler’ at next week’s meeting, at least with respect to this centrepiece of Cameron’s transparency agenda, since both Putin and… More A Private Registry of Shell Company Owners…