Managers of Wealth

Ex-EFG Banker Sues over Sacking

Bank says a formal investigation had not upheld the banker’s claims

Tax residency and the UHNW nomad

Geographical mobility for the wealthy has in recent years become common place, and brings with it both challenges and opportunities which arise from choices made by the tax nomad on tax residency.

Requirement to Correct tax due on offshore assets

The RTC applies to people who pay tax in the UK and relates to Income Tax, Capital Gains Tax or Inheritance Tax for any period where HMRC could raise a review as at 6 April 2017.

Have You Heard About ePrivacy? The GDPR’s Bigger Brother

The GDPR does not consider metadata or the privacy of communication about or between legal entities

UK tax treaty anti tax avoidance changes to apply from 2019

Changes to many of the UK's double tax treaties will come into force next year in order to comply with internationally agreed measures to prevent tax avoidance.

Wealth Structuring And The Cayman Islands Foundation

The Law allows for the creation of a new form of company that allows the founder maximum flexibility to provide for its objects, management and supervision.

Private Wealth Briefing - Farrer & Co.

UK Real Estate Investment: Two Tax Updates

Interpol warrant for Indian diamond merchant to the stars

A red corner notice seeks the arrest or provisional arrest of wanted persons with a view to extradition.

Swiss gov’t seizes luxury cars of alleged 1MDB key player

The report stated that it was not clear as to what extent the cars were paid for with 1MDB funds

Indian Deposits in Swiss Banks Increase, But it’s Just the Tip of the Iceberg

Despite making tall promises, Modi govt.’s policies have failed to unearth both offshore and domestic black money.

International fight against tax fraud steps up a gear

HMRC has formed an alliance with tax enforcement bodies in 4 countries to share intelligence and expertise in the battle against international tax crime.

Guy Wildenstein cleared of tax evasion for a second time in Paris

Franco-American scion of art dealing dynasty was accused of hiding art and other property worth hundreds of millions of euros from French authorities

Now the tax man is coming for average earners - so beware the financial 'cliff-edge'

In recent years British taxpayers have enjoyed welcome increases to the tax-free personal allowance and the amount they can inherit free of tax.

OECD launches largest source of comparable tax revenue data

“It is a vital foundation for tax policy reform and in supporting efforts to raise domestic resources to fund development”.

Landmark tax agreement to strengthen tax treaties enters into force with additional countries joining

The new signatures and the imminent entry into force of this landmark agreement underlines governments’ commitment to update the international tax rules and ensure they are fit for purpose in the 21st Century

SEC Proposes Whistleblower Rule Amendments

The proposed rules would, among other things, provide the Commission with additional tools in making whistleblower awards to ensure that meritorious whistleblowers are appropriately rewarded for their efforts

Appleby ranked 20th in top 30 Global Restructuring firms

In 2017, Appleby was a winner in the ‘small or regional law firm that impressed’ category at the GRR Inaugural Charity Awards Gala in London

Wealth Manager Beefs Up in Asia

Management of the Singapore based office will be selected from the companies existing executive team.

Bill of law transposing ATAD I submitted to Luxembourg Parliament

ATAD I is the answer of the EU to the recommendations formulated under the base erosion profit shifting (BEPS) initiative

Credit Suisse wins $300m broker compensation case

According to Laver, the bank deliberately agreed to the recruiting deal rather than selling the unit as a formal sale would have led to a change of control requiring the payments.

Legal,Regulation,Tax & Compliance