Managers of Wealth

Indonesia, Switzerland to Exchange Financial Data in 2019

Indonesia managed to make more than 900,000 taxpayers declare their previously unreported assets during he government's nine-month tax amnesty program.

Germany 'pays millions' for leaked data

Some of the approximately 11.5m documents from Panamanian law firm Mossack Fonseca were leaked initially to Germany's Süddeutsche Zeitung and then to other news organisations in co-operation with the International Consortium of Investigative Jou

Investment Funds as Complements to Trust Structures by Christel Sands-Feaste

For many wealth planners and clients, the trust is the gold standard

Asset Managers Unlikely Winners as FCA Targets Consultants

Below is a breakdown of which parts of the industry are likely to be hurt most by the recommended changes and which could benefit.

SARS sets sights firmly on high-net-worth individuals

High-net-worth individuals will find themselves under greater scrutiny from SARS in the immediate future.

Ignorance no longer bliss, as transparency roils India’s wealthy

TP Janani of Nishith Desai Associates explains the far-reaching impact of information exchange on India’s HNIs and UHNIs.

Switzerland working on 1MDB criminal case

The OAG suspects deficiencies in the internal organisation of the Falcon Private Bank Ltd

Spotlight On The EU Code Of Conduct Group

Malta's tax regime in particular came under the microscope

Spotlight on compliance costs as banks get down to business with AI

The tsunami of new regulations since the financial crisis has been the single biggest headache for banks to deal with.

Swiss Watchdog Still in Contact With Credit Suisse on Mozambique

Credit Suisse disputed the report's findings, saying banking fees charged to arrange loans for Mozambique's state-owned companies amounted to $23 million.

THAILAND: Inheritance tax advisory demand growing

To qualify to be high-net-worth at the bank, clients must each have a minimum of 50 million baht in assets under management.

FRANCE: Final wealth tax deadline for non-residents

You should note that where you are eligible to declare for wealth tax the onus is on you to do so.

The UK Double Tax Treaty Passport Scheme – Changes for the UK Loan Market

The UK imposes a 20% withholding tax on interest payments made by a UK borrower to an overseas lender.

Chinese billionaire portrayed as criminal and hero at trial

"Mr. Ng acted in good faith at all times," Park said.

Jho Low, Caribbean Citizen?

Low reportedly has one more trick up his sleeve: a Caribbean passport

CRS: the end of tax evasion?

The Panama papers leak in May last year demonstrated how a complex corporate structure, often set up offshore, can be used to hide millions of dollars from tax authorities.

New reporting rules to increase burden on thousands of trusts

Advisers warn trustees will need to give HMRC details of assets

Is HMRC keeping up with tax evaders?

At the start of the year tax evasion and avoidance featured in the news agenda on a regular basis. Despite fewer headlines, tackling this issue still remains an important part of the UK government’s tax agenda, but is HMRC ahead of the game or strug

Andersen Tax Debuts in Switzerland

They specialize in direct and indirect tax, inheritance planning, company restructuring, internal compliance, HR management and corporate consultancy.

Private Client: The new residence nil rate band – are your affairs in order?

A review of your will may be required to ensure you get the benefit of the new residence nil rate band

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