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A service for banking industry professionals · Monday, May 10, 2021 · 540,694,043 Articles · 3+ Million Readers
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Mauritius Offshore Tax Havens Newswire

  • Published on Dec 30, 2020

    UK: A “fair” Covid wealth tax must go after offshore trusts & shell corporations too

    As if times aren’t demoralizing enough, UK citizens are about to have their spirits deflated even further. An independent think tank has recommended that the government introduce a one-off wealth tax to cover the costs associated with Covid. As per usual, …

    Source: Times of India - Uncategorized
  • Published on Dec 18, 2020

    The end of empire and the rise of tax havens

    In November, an investigation into the financial assets held by Chancellor Rishi Sunak and his close family revealed that Sunak’s wife, Akshata Murthy, owns shares in a restaurants business that funnels investments through a shell company in the tax haven …

    Source: New Statesman - Left-wing
  • Published on Dec 11, 2020

    The Rise And Fall Of Japan Over The Deadly Mauritius Oil Spill

    The Wakashio ran aground on the Indian Ocean island of Mauritius in July, triggering an oil spill ... [+] and ecological catastrophe that has become a largely Japanese affair AFP via Getty Images Four months since the major oil spill disaster, the ghost of …

    Source: Forbes - Neutral
  • Published on Dec 11, 2020

    PPE 'Covidarchs' awash with YOUR tax millions, writes GUY ADAMS

    Dell Farm House is a Grade II-listed 17th-century pile with five bedrooms, four bathrooms and a rear wing that, according to the estate agent’s particulars, ‘could be easily used as a staff flat if needed’. Beyond the garden, which was ‘landscaped by …

    Source: Daily Mail - Right-wing
  • Published on Nov 24, 2020

    India Ranks High among Asian Nations in Corporate Tax Evasion

    Kolkata — India loses $10.1 billion to corporate tax abuse annually, one of the highest amounts among Asian countries, according to a new report. China loses about $3 billion annually, or 818 percent of the share of tax lost globally to corporate tax abuse …

    Source: Westside Gazette - Florida - Neutral
  • Published on Nov 30, 2020

    Rishi Sunak's wife owns part of firm that funnelled money through Mauritius

    The wife of the chancellor, Rishi Sunak, is a shareholder in a restaurants business that funnelled investments through a letterbox company in the tax haven of Mauritius, in a structure that could allow its backers to avoid taxes in India. The business, …

    Source: The Guardian - Neutral
  • Published on Nov 26, 2020

    EU Database Raises More Questions About Japanese Owner Of Mauritius Oil Spill Ship

    Aug 9 Press Conference at MOL Headquarters on the Wakashio. From Left to Right: Masanori Kato (MOL's ... [+] Head of Safe Operations), Akihiko Ono (Vice President of MOL), Kiyoaki Nagashiki (President Nagashiki Shipping) Associated Press The Indian …

    Source: Forbes - Neutral
  • Published on Nov 9, 2020

    Mauritius under a cloud

    The matter arose in early May when the European Commission said it had come up with a new methodology for defining countries that had “strategic deficiencies in their anti-money laundering and counter-terrorism financing regimes”. This saw it put Mauritius …

    Source: The Citizen (South Africa) - Neutral
  • Published on Nov 5, 2020

    EU ‘blacklisting’ takes shine off Mauritius – report

    The European Union’s move to put Mauritius on a money laundering ‘blacklist’ has cast a cloud over its reputation as a domicile for local fund managers looking to invest in projects on the continent. This development has left local fund managers …

    Source: News (South Africa) - Uncategorized
  • Published on Sep 3, 2020

    Global Shipping’s Moral Authority Plunges In Mauritius As Pope Intervenes In Wakashio Saga

    30 August 2020: Pope Francis calls for prayers for Mauritius from the window of the apostolic palace ... [+] overlooking St. Peter's Square in The Vatican during the weekly Angelus prayer. AFP via Getty Images When the Pope has to intervene in your …

    Source: Forbes - Neutral
  • Published on Sep 2, 2020

    How Uganda could lose out on tax from MTN and ATC deal

    South African telecoms giant MTN appears to have avoided paying any capital gains tax in Uganda on the lucrative sale of its investment in mobile phone masts in the country. MTN’s latest financial statements, published in August, say it made a 1.3 billion …

    Source: Ghana Business News - Neutral
  • Published on Aug 23, 2020

    International Cover Up Fear As Panama Drawn Into Wakashio Oil Spill Ship Controversy In Mauritius

    August 17, 2020: the MV Wakashio bulk carrier, belonging to a Japanese company but ... [+] Panamanian-flagged, that had run aground and broke into two parts near Blue Bay Marine Park in Mauritius. AFP via Getty Images The front half of the large Panama- …

    Source: Forbes - Neutral
  • Published on Aug 17, 2020

    Offshore refueling deepens fears for South Africa’s penguin haven

    Generators hum loudly in the background as a tour boat bobs past a towering vessel filled with ship fuel, anchored in Algoa Bay, a stone’s throw away from the world’s largest breeding colony of African penguins. Mid-way along the Europe-Asia sea route, the …

    Source: Raw Story - Left-wing
  • Published on Jul 25, 2020

    South Africans look at wealth creation offshore to ease Covid-19 pain

    Sovereign Trust says it is being approached by clients looking to set up offshore operations to look for new markets, organically create wealth overseas, and then use those funds as a springboard for expansion. The Covid-19 lockdown left a trail of …

    Source: News (South Africa) - Uncategorized
  • Published on Oct 10, 2019

    EU removes UAE, Switzerland, Mauritius from tax haven lists

    LUXEMBOURG (Reuters) - European Union finance ministers agreed to remove the United Arab Emirates, Switzerland and Mauritius from the bloc’s lists of countries deemed to be acting as tax havens, a move that activists called a “whitewash”. FILE PHOTO: …

    Source: Reuters - Neutral
  • Published on May 23, 2020

    Mrs Brown's Boys scandal - from 'gruelling' tour clash to tax-dodging shame

    It's all smiles on screen during Mrs Brown's Boys, but behind-the-scenes the comedy has been rocked by scandal. Mrs Brown's Boys has been entertaining (and infuriating) the nation for almost a decade - with viewers tuning in to catch up with …

    Source: Daily Mirror - Left-wing
  • Published on Jul 23, 2019

    Mauritius Leaks: Leak Reveals How Mauritius Siphons Tax From Poor Nations To Benefit Elites

    Bob Geldof’s firm wanted to buy a chicken farm in Uganda, one of the poorest countries on earth. But first, an errand. After soaring to fame in the 1980s for organizing Live Aid and other anti-famine efforts, the former Boomtown Rats rocker had shifted to …

    Source: Africa.com - Neutral
  • Published on Jun 2, 2020

    Senegal cancels Mauritius tax treaty, Nam hangs on

    SENEGAL has torn up its tax treaty with Mauritius as debate rages over the island tax haven's impact on developing economies. Namibia, on the other hand, is still holding on – albeit at the loss of tax revenue. The West African economy unilaterally …

    Source: The Namibian - Neutral
  • Published on Apr 29, 2020

    How Mauritius' outward-focused economy survived previous shocks

    Mauritius is a small island nation located in the Indian Ocean. Like other countries, it faces drastic changes to its social and economic landscape with the appearance and spread of COVID-19. An additional challenge for Mauritius is that it is highly …

    Source: The Africa News.net - Neutral
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