05/13/2015
US House of Representatives votes to repeal estate tax
On 16 April the House of Representatives voted to repeal estate tax, currently 40% with a $5.5 million exemption for individuals and an $11 million exemption for couples.
05/13/2015
Current international tax rules are based on principles that have not kept up with globalisation and the rise of the digital economy.
05/12/2015
The parent companies or main banking units of as many as five major banks, rather than their smaller subsidiaries, are expected to plead guilty to U.S. criminal charges over manipulation of foreign exchange rates
05/12/2015
Appointments Underline Expertise in Environmental, Social and Governance Investing
05/12/2015
It is also very likely that the new government will at some point increase the charge which non-doms who have lived in the UK for at least 7 years must pay to enjoy the remittance basis.
05/12/2015
The move by the U.S. would be a first for the industry, making good on a March threat by a senior Justice Department official to revoke such agreements and putting banks on notice that these accords can be unwound if misconduct continues.
05/11/2015
The Aftermath Of A Leak: What's Next in the HSBC Suisse Tax Evasion Saga?
JURIST Guest Columnist Shu-Yi Oei of Tulane University Law School discusses tax evasion investigations and possible criminal charges against HSBC's Swiss private banking unit...
05/11/2015
Second Swiss bank reaches deal under U.S. tax program
The program, launched in 2013, allows Swiss banks to avoid prosecution by disclosing cross-border activities that helped U.S. account holders conceal assets and income. Banks already under criminal investigation are excluded from the program.
05/11/2015
No evidence blues legend is being abused
05/11/2015
Private client issues such as inheritance tax, wills and trusts are top of the political agenda right now, and lawyers should prepare themselves for change.
05/11/2015
HM Revenue & Customs' increasing scrutiny of internationally-mobile high net worth individuals is likely to continue under the new Conservative government, say law firm RPC.
05/11/2015
The “Luxleaks” journalists invited to Parliament to share their views and experiences and were warmly welcomed by MEPs, who complimented them on "their courageous work".
05/08/2015
The case is now committed for trial at the High Court, Wan said, without giving a specific date.
05/07/2015
These illustrations show how the economic crisis of 2008 was a catalyst for going after tax havens by developed economies.
05/07/2015
“The higher compensation people get for helping justice, the greater the pressure cheaters will have. It’s important to know people can gain a lot more by helping instead of cheating.”
05/06/2015
The new rules, announced on Tuesday, bar the spouses of senior officials in the sprawling metropolis of more than 23 million from going into private business.
05/06/2015
JPMorgan Chase & Co. received subpoenas and inquiries from the U.S. Securities and Exchange Commission and other regulators about how it sells its own mutual funds and other proprietary products.
05/06/2015
In a recent article published by Law360, Peter McMaster QC of Appleby (Cayman) Limited discusses approaches to investor redress when an investment fund becomes a Ponzi scheme.
05/06/2015
A unit of French bank BNP Paribas has been put under investigation in France for misleading marketing of loans in Swiss francs
05/05/2015
French-Italian whistle-blower's Open Letter to Prime Minister Narendra Modi
Increase transparency and focus on big corporations that exploit faulty banking mechanism to stash wealth abroad.