11/13/2020
Tax on acquisitions in France
Special rules apply to transfers of shares in real estate companies.
Legal,Regulation,Tax & Compliance
11/13/2020
Appleby Lawyer Named Private Client Lawyer of the Year
Who’s Who Legal has been identifying the foremost legal practitioners and consulting experts in business law using comprehensive, independent research for over 20 years.
11/13/2020
Overhaul of the Capital Gains Tax Regime – Office of Tax Simplification makes bold recommendations
On the other hand, the recommendations represent such a ground shift that they could, if implemented, lead to a significant reduction in investment in the UK (particularly by foreign investors).
11/13/2020
Irish Fund Management Companies: Time to Get Serious About Substance & Oversight
It is this commitment to the sustainable growth of the industry that requires the stakeholders to continually critically review the model to ensure it exceeds international best practice and maintains Ireland’s position as a Gold Standard jurisdicti
11/13/2020
Spotlight Report – Emerging themes in our funds markets
Aside from COVID-19, Brexit lingers as a significant force impacting the global funds market, particularly the EU.
11/13/2020
New York State continues to investigate tax evasion in art sales
In light of this announcement and broad anticipation that state authorities will increase investigations and prosecutions of sales and use tax violations in the art market due to the pandemic’s impact on state and local tax revenues
11/13/2020
Founder of China property site with no profits worth $20 billion
So far it has worked out. KE sales surged 80% to 46 billion yuan last year from 2017, and it has become China’s largest platform for housing transactions and services — no small feat for a market whose real estate brokerage services are a $1.6
11/13/2020
Deutsche Bank: Workers Should Pay 5% 'Privilege' Tax To Work From Home After Covid
As a basis for the argument, the bank says working from home is financially rewarding thanks to "direct financial savings" on expenses such as commuting, clothes and lunches, as well as indirect savings from things like reduced work-related soci
11/13/2020
‘Corporations, Foreigners, And Rich People’ Face Wealth Taxes Says Former U.K. Chancellor
The government should raise corporation tax from 19% to 22%, says the think tank in a report co-authored with the Standard Life Foundation.
11/12/2020
Fines on Swiss firms abroad will be tax deductible from 2022
Illegal payments such as bribes, kickbacks and commissions paid to individuals will not be tax deductible and treated on par with criminal law.
11/12/2020
Who can benefit from Malta’s Fiscal Units which consolidate income tax?
The new legislation allows for this by giving companies the right to form Fiscal Units.
11/12/2020
Information Notice has brought clarity to industry's questions over investment into cannabis assets by Guernsey structures
The position taken by the States of Guernsey in relation to cannabis investment follows the approval by the Assembly in June 2019 that businesses can grow and process cannabis in Guernsey for medicinal uses.
11/12/2020
Are you preparing your first annual compliance statement?
It is time for trustees to send a first notification to the Competition and Markets Authority that they are complying with its investment consultancy and fiduciary management services order
11/11/2020
FCA commences High Court proceedings over unauthorised collective investment schemes
Mr Forster has given undertakings to the Court which have the effect of freezing his assets worldwide, pending judgment.
11/11/2020
International automatic exchange of information in tax matters: Federal Council brings Act and Ordinance into force
Parliament had already approved the amendments to the AEIOA on 19 June 2020.
11/11/2020
FINMA publishes 2020 Risk Monitor
The year 2020 was clearly marked by the corona pandemic, which had a noticeable impact on the risk landscape in the financial industry.
11/11/2020
FCA prohibitions highlight increasing focus on non-financial misconduct
These Final Notices confirm a trend we identified in our recent Top 10 Global Trends Regarding Investigations Involving Individuals: an increasing focus on non-financial misconduct.
11/11/2020
Film star’s widow faces £21m fine over alleged Spain tax fraud
‘It’s an important reminder that tax problems don’t die with you’
11/11/2020
Financial Regulation Update
FCA Primary Market Bulletin No 31
11/10/2020
A shock is in store for international divorcing couples
Explain why this is the case