Articles
Flat Tax Rate Proposals
U.S. tax reforms have started debates across the world regarding the most efficient revenue-raising policies for governments. We have long contended that reducing tax avoidance, and hence the use of offshore services, required a combination of tax-code simplification...
US Tax Reform Hits Offshore
Much of the debate inside the U.S. has focused on who benefits the most domestically but the geopolitical implications are substantial. Benefits accruing to corporates and middle-class professionals from the use of offshore structures and tax deferral devices have...
Offshore – The Next Five Years
Our assessment of future prospects in the offshore sector varies markedly jurisdiction by jurisdiction. There are industry-wide factors, like OECD pressure for transparency and mass cyber leaks, but geopolitics looms larger. While well-meaning campaigners target tax...
Offshore Jurisdictions – the EU Verdict
On the 5th of December the EU published its list and grading for offshore jurisdictions. There was little surprise in the rankings this time around but with the UK outside of any EU decision-making many now expect a harsher tone in the future. Tax harmonisation is...
Offshore Service Providers – The Future
The offshore finance industry is under scrutiny more now than ever before and this attention will change the shape of the sector - for better or worse. With widespread moral acceptance of illegal data breaches offshore the service providers need to face a new reality...
Higher Corporate Effective Tax Rates
Offshore leaks have increased public awareness of offshore processes and how these are used by companies - both large and small. Small companies with a physical presence can do little low-risk tax avoidance at this point. Large companies in the UK have more leverage...