The Russian Finance Ministry will offer companies based offshore but with operations in Russia a choice: either disclose their ultimate beneficiaries and maintain their zero tax rate, or pay taxes at the higher Russian rate.
Cyprus and Norway have signed an Agreement on the Avoidance of Double Taxation and the Prevention of Tax Evasion, concerning Income Taxes, as well as a relevant Protocol.
French Budget Minister Bernard Cazeneuve has told the National Assembly Finance Committee that almost 16,000 residents with undeclared foreign bank accounts have elected to regularize their tax situation in the last eight months, through a voluntary decla
The tribunal, under Judge Colin Bishopp, described that evidence as "very brief and rather uninformative".
The German deal was originally agreed in principle in 2011, about 10 days before a similar scheme was approved for the UK, in 2011.
The treasurer for Chancellor Angela Merkel's party said he would give up his position in April, after facing criticism for transferring money into a Bahamas-registered trust in 1997 and as a widespread debate on tax evasion continues to simmer here.
U.S. prosecutors on Thursday announced they indicted Peter Amrein, a Swiss asset manager, on charges that he assisted U.S. taxpayers in evading millions in taxes by hiding money in offshore trusts at multiple Swiss banks.