BVI is intended to restore reputation of respectful financial service industry after a scandal information on the BVI companies has appeared in news media.


“Switzerland is going to stand firm against revealing banking secrecy”, Ueli Maurer, President of the Swiss Confederation, told Le Matin Dimanche newspaper.


Global Forum on tax transparency focuses more on effectiveness of information exchange for tax purposes.


UK HM Revenue and Customs announced a new income declaration program to be opened. This will relate to assets allocated in Guernsey, Jersey and Isle of Man.


On April 10, 2013 the United States and Switzerland have signed the agreement on facilitating compliance with FATCA (Foreign Account Tax Compliance Act).


Five EU countries announced a new project to create an open data base of new investments.


Please be advised on some changes in Cyprus Tax Legislation.


Luxembourg's Finance Minister Luc Frieden has recently clarified that Luxembourg is ready for an automatic exchange of tax information.


The Cyprus banks’ opening was put off to the 28th of March. Earlier it was announced that the Cyprus banks recommence operating today


According to Reuters, yesterday during the extraordinary meeting of the Eurogroup in Brussels the president of Cyprus and the EU representatives have reached the arrangements on providing financial aid for Cyprus.

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