Weekly tax brief - 4 April 2016

In this edition of RSM’s weekly round-up of the most important tax news, we cover the latest developments…

WikiLeaks was big. 'Panama Papers' is bigger

04 April 2016

It’s difficult to overestimate the significance of the documents leaked from Panamanian law firm Mossack Fonseca, although many questions still remain as to how such a large volume of data came into the possession of individuals outside the law firm, and whether that data will be admissible evidence in the tax and other investigations which are certain to follow.

Take a deep breath...

04 April 2016

There’s no doubt that the press has had a field day with the ‘Panama Papers’ story, with new revelations coming out by the hour. But amid all the media frenzy, let’s stand back, take a deep breath and look at what the information is really telling us.

Managing an offshore disclosure - what to do next?

04 April 2016

The revelations emerging from Panama and the threat of further leaks will almost certainly mean sleepless nights for some. So what should you do if you’re worried that the taxman might come knocking?