Voluntary Disclosure
Tax & Regulation | 14 Nov 16
Breaking down S. Africa’s Special Voluntary Disclosure Programme
A great number of people are eligible under the South African government’s special voluntary disclosure programme, but not everyone is.
Leniency offered to Norwegians confessing links to Panama
Norway’s economic crime authority has set up a dedicated phone number to give those with undeclared offshore assets linked to the Panama Papers the opportunity to come forward voluntarily and face lesser charges.
Tax & Regulation | 14 Dec 15
HMRC targeting HSBC Jersey clients for voluntary disclosure
HM Revenue & Customs said it has sent letters to customers of HSBC Jersey advising them to sign a declaration that they do not owe any UK tax on their offshore assets, placing some customers between the proverbial rock and the hard place.
Tax & Regulation | 19 Nov 15
Brazil proposes voluntary offshore asset disclosure
Brazil’s federal government has submitted a bill to the Senate to establish a voluntary disclosure programme that would allow companies and individuals to regularise any undeclared offshore assets without facing criminal prosecution.
Tax & Regulation | 18 Mar 14
german football president jailing
The three-and-a-half year sentencing of Bayern Munich president Uli Hoeness last week for tax evasion has lead to calls for tougher attitudes toward tax cheats from senior German lawmakers.