FHA Weekly Report (August 11, 2016)

FRANHENDY ATTORNEYS WEEKLY REPORT TAX Big banks are backing a proposed law that would require companies to disclose more information about their ownership, citing the help this would provide in fighting financial crime as the same time as it might reduce compliance costs. The Clearing House Association, a payments and advocacy organization owned by some of… More FHA Weekly Report (August 11, 2016)

What You May Have Missed This Week…

FRANHENDY ATTORNEYS  WEEKLY REPORT TAX Is Africa now being carved up by a complicated web of offshore accounts, tax havens and tricky paper trails? New research seems to suggest this is exactly what’s going on. Offshore companies connected to 44 of Africa’s 54 countries disturbingly appear in the Panama Papers leak. Over 1,400 companies in the… More What You May Have Missed This Week…

Will International Rules on Tax Information Exchange Fuel a Market for Stolen Tax-Payer Data?

  Switzerland looks to be one step closer to responding to requests for information based on stolen data once that data is in the public domain.  This is because the Swiss Federal Council has adopted a dispatch on certain proposed amendments to its Tax Administrative Assistance programme that will ease the rules on the use of… More Will International Rules on Tax Information Exchange Fuel a Market for Stolen Tax-Payer Data?