Sam Wyly committed tax fraud with offshore trusts, Judge says
By Anthony Aarons and Erik Larson From Bloomberg A federal judge in Texas ruled that former billionaire Sam Wyly defrauded the IRS by shuffling assets among a network of offshore trusts to evade millions of dollars in taxes. U.S. Bankruptcy…
What Mauritius tax treaty changes may mean for markets, investments
By Ami ShahJayshree P. UpadhyaySwaraj Singh Dhanjal From Live Mint Though short-term nervousness is expected in equity markets over the changes in the Mauritius tax treaty, most see the decision as a positive in the long term Mumbai: India’s decision…
China has biggest number of links to Panama Papers
From Radio Free Asia China-linked offshore companies in the Panama Papers far exceed the number of entities from other countries and regions of the world, reports indicate. Some 25,000 offshore companies with owners — either companies or individuals — from…
Olwomen story of the week
9 Quick Tips To Be An Insect Killer! Home Remedies For Bed Bugs By Jenny Smith From Olwomen Bed bugs are tiny little brown coloured creatures found under the mattress or along the wooden frame of the bed. These tiny…
Candy brothers may have paid almost no UK tax on £27m land deal
By Holly Watt From The Guardian UK Panama Papers leak shows property tycoons bought and sold Parkwood estate near Windsor using offshore companies The property tycoons Christian and Nick Candy bought and sold a plot of land worth £27m through…
Cayman Islands says offshore register is ‘pointless’
By Vanessa Houlder From Financial Times UK Financial services minister brands David Cameron’s plan ‘weak policymaking’ The Cayman Islands hosts many of the world’s investment funds The Cayman Islands branded a transparency drive backed by David Cameron as “pointless”, as…
Celebrity Reading Day
Cayman Islands: Celebrity Reading Day Kick Starts Child Month Child Month 2016 got off to a literary start in the Sister Islands on Monday, 2 May, with a number of schools hosting a celebrity reading day. To mark the occasion…
Beyond the boundary – what makes the Caribbean such a fascinating sporting region
By David Owen From Inside The Games As a cricket fan whose love of the game was nurtured in the 1970s and 1980s, I know a thing or two about Caribbean sporting dominance. The West Indies teams that ruled the…
