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The Future of Offshore Tax Planning

John Nugent, Director with PKF (Isle of Man) Ltd, analyses the future of offshore tax planning in view of the authorities' determination to clamp down on offshore tax evasion

 
John Nugent Director with PKF (Isle of Man) Ltd analyses the future of offshore tax planning in view of the authorities' determination to clamp down on offshore tax evasion
 
Revenue authorities in a number of countries are using radical new strategies to uncover and undermine offshore tax evasion. These new approaches involve the identification of particular types of tax evasion the identification of the offshore organisations which may hold funds that have not been properly declared and the application of pressure on those organisations to co-operate in unwinding the evasion.
 
It is already apparent that this new breed of investigations ...

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