Offshore Investment will be hosting the 6th Offshore Investment Conference Panama on 8-9 March, with a key theme being the restoration of trust and credibility amidst ongoing significant fiscal reforms globally intended to encourage even greater levels of tax transparency. Taking place at the Hilton Hotel on the 8th & 9th March, will again connect the […]
The leak of confidential documents from a Panamanian law firm having shed light on the use of offshore financial practices by major personalities has led the French government to add back Panama to its tax haven blacklist. Panama was removed of the list in 2012 by the French government. Other countries considered by France as non-cooperative countries in the fight […]
Companies that engage in aggressive tax practices, either for themselves or for their clients, reduce tax revenues available to governments for delivering public services and infrastructure. Companies that engage in these practices also face potential earnings risk arising from new regulation alongside reputational risk, which can negatively impact share prices and hurt investors’ portfolios. This […]
Some of the Nordic region’s biggest financial institutions, such as DNB and Nordea have been forced to respond to allegations they may have helped clients avoid tax, after the publication of millions of documents from a Panamanian law firm. This follows earlier reports noting that Iceland’s prime minister Sigmundur Gunnlaugson has been identified in the […]
Governments, tax authorities, journalists and experts on tax evasion and avoidance this morning are digesting news, reported yesterday, of a major leak of confidential and reportedly revealing documents from a Panamanian law firm. The news is expected to make uncomfortable reading for those who have been arguing that new regulations and disclosure laws have been […]
Global emerging market securities regulators meeting in Panama City have called for a more active role in global regulation by being involved and consulted at the early stages of new international regulatory reforms.
Success in generating an estimated additional SEK1.1bn in taxes since 2010 has persuaded Swedish tax authorities to target Hong Kong, Panama, Dubai and Qatar for tax information and exchange agreements, as the country continues to close off existing loopholes involving so-called tax havens.