Category: Corporate Taxation

British Company Under Fire in Global Tax Disgrace

| 12 Feb 2013 | 0 Comments

Zambia Sugar – a subsidiary of Associated British Foods – is accused of tax avoidance in Zambia, according to recent tax reports. The FTSE 100 company has been on the receiving end of a yearlong investigation by ActionAid and the extent of the damage is now visible. Associated British Foods, owner of popular brands such […]

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Big Companies Triumph over Small Businesses

| 28 Jan 2013 | 0 Comments

Corporate tax news this week comes from the USA where large companies are set to enjoy tax breaks in return for charitable donations, whilst small businesses get ready to endure the loss of their tax advantages. USA – This week will see the finalization of agreements from Twitter and six other San Francisco technology companies […]

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2012 Corporate Tax Highlights – “Offshore Company Formation Trends”

| 18 Dec 2012 | 0 Comments

The most notable trend reported within the corporate tax industry for 2012 has been the redomiciliation of companies to low tax jurisdictions. With unrelenting economic turmoil throughout Europe, the once  popular and ‘tax friendly’ EU states are now being shunned in favor of more exotic and stable climates such as the Cayman Islands, Dubai, Seychelles […]

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Top Jurisdictions for Corporate Banking

| 7 Nov 2012 | 1 Comment

For decades, offshore bank accounts have maintained their position as one of the most effective financial tools to achieve high levels of banking privacy whilst benefiting from favorable tax regimes. Sought after by business entities worldwide, corporate accounts enable businesses to optimize their profitability, maintain confidentiality, and enhance their corporate profile to their international client […]

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Tax Considerations of a Shipping Company

| 7 Sep 2012 | 0 Comments

Predictably, the unrelenting financial downturn has left its mark on almost all key industries across the globe – including the shipping industry. In response to the current shipping climate, shipping companies need to carefully consider where to operate in order to benefit from favorable tax and maritime regulations, and to maintain profit levels despite surrounding […]

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Top 10 Jurisdictions to Set Up your Tax Effective Corporate Structure

| 31 Jul 2012 | 2 Comments

Large multinational companies have been taking advantage of effective tax planning and favorable corporate structures for years in order to optimize profitability. With the debt crisis pushing countries to introduce tax reforms, a number of companies are seen looking to benefit from the best tax planning solutions. Whether you register in the BVI for tax […]

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Top 3 Locations that Offer Favorable Corporate Tax to Set-Up a Forex Brokerage

| 29 Jun 2012 | 4 Comments

Despite the current financial turmoil, the foreign exchange industry stands unaffected – experiencing a boom of broker license applications sought by those seeking to engage in the lucrative money-making industry. As a result of the increased competition between new forex broker start ups, brokers must find the most beneficial location that strikes an even balance […]

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Corporate Tax – Simplifying Tax Systems will Boost Economic Growth

| 31 May 2012 | 0 Comments

Despite a cut in UK corporate tax, and a commitment by the government to support business investment, the burdensome and overly complex UK tax law has offset these efforts for economic growth. Known as one of the world’s most elaborate and obscure tax codes, UK tax law has become a primary frustration for many business […]

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UK Chancellor’s 2012 Budget Fails on Job Creation Promise

| 30 Mar 2012 | 0 Comments

The UK Chancellor of the Exchequer, George Osborne, cited a blow to many small to medium sized enterprises (SMEs) in Wednesday’s budget the ‘Office for Budget Responsibility’ (OBR). Although the focus was primarily on helping the unemployed and small businesses, it is now apparent that the direction has shifted avertedly to helping large-scale […]

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5 Most Liberal Corporate Tax Systems in the World

| 29 Feb 2012 | 0 Comments

Corporate tax, often a sore subject for business owners, remains one of the most influential factors in deciding the country of registration and structure of an organization. Businesses over the years have learnt to legally manipulate international tax systems for their own benefit, and as such, corporate tax rates continue to determine the competitiveness and […]

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