Tax avoidance and wealth offshore have become leading news stories in recent weeks.  Time will tell what, if any, effect the Panama Papers leak will have.  Further challenges have been made against schemes based on investments in the film industries made in the 1990s.  Not unnaturally, when tax avoidance schemes fail, taxpayers will look to […]

It was reported that on June 23, 2016  that the UBS Group AG has ended a legal fight with the Internal Revenue Service, agreeing to hand over records on an American client’s account in Singapore as U.S. authorities seek to move beyond Switzerland in their fight against offshore tax evasion. The case involves information that […]