Tag archives for Tax Haven

Global Economics

“We are not tax havens!”

Authorities from Bermuda and Malta have come out to defend their territories against being labeled as tax havens, as the global crackdown on offshore banking and asset management continues. Bermuda Finance Minister Bob Richards insisted on Monday that the territory is not actively engaged in promoting profit shifting. He...
Continue Reading »
Markets and Finance

Hong Kong tax update

Tax havens under increasing pressure The global tax landscape has been changing quite a lot over the past few months, with more and more tax havens and offshore asset management centers giving in to demands by governments and regulators to increase transparency and open their books to official scrutiny....
Continue Reading »