Financial planning | 19 Aug 20
NRI taxpayers to benefit from Modi’s transparent platform
‘Our effort is that our tax system should be seamless, painless and faceless,’ he said
UK taxpayers opting for voluntary fraud disclosure scheme
But it’s not for those wanting to admit errors, mistakes or avoidance schemes where there is no fraud
Panama Papers help S Africa disclosure scheme hit ZAR3.3bn
South African taxpayers have fessed up to unauthorised foreign assets and income worth ZAR3.3bn (£200m, $278m, €224m), some with links to the Panama Papers, under the country’s special voluntary disclosure programme (SVDP).
North America | 22 Aug 17
Canada professionals hit out at stricter voluntary disclosure
Plans for significant changes to Canada’s voluntary tax disclosure programme (VDP) have been criticised by trade groups representing the country’s lawyers and accountants.
North America | 11 Aug 17
US court upholds IRS penalty on US expat demanding tax refund
A US court has dismissed a complaint by an American citizen residing in Canada who claimed to have paid an unconstitutional penalty for failing to file the fiscal documentation required for his offshore business.