Offshore Investment

Friends Provident International (FPI) has enhanced its online tool for offshore advisers, designed to ease fund selection.

Many offshore bank account holders could risk penalties for ignoring HMRC's New Disclosure Opportunity (NDO) its poor promotion of the tax amnesty, says leading accountancy firm, PKF.

Purported IFA Alan Gardner has been jailed for defrauding British expats in Indonesia of over US$800,000 through a fictitious investment scheme.

Nearly a third of non-doms and a quarter of high net worth individuals (HNWIs) are planning to pack their bags and leave the UK following tax changes, according to new research.

No more than a dozen International Finance Centres (IFC) will still be around in a decade's time as offshore jurisdictions come under increasing attack, according to tax experts.

Obwalden, a Swiss canton, has been accused of creating financial "apartheid" over plans to lure millionaires to the area to boost their tax revenue.

Offshore jurisdictions flouting their pledges to comply with international standards have been threatened with sanctions at a Berlin meeting of International finance ministers.

Here we list who has moved where in another busy week in the offshore sector.

Customers with Isle of Man (IOM) bank accounts will no longer be able to withhold their tax details from the powers that be after the island today agreed to the automatic exchange of information within the EU.

The US Treasury has boosted its tax information exchange arrangements with Switzerland by amending the US-Switzerland income tax treaty.