Managers of Wealth

Luxembourg tax reform for 2019: Part II

For a Luxembourg company with profits exceeding EUR 200,000, the aggregate tax rate will decrease to 24.94%[1] from 26.01%.

J. Safra Sarasin Sued by Employee Who Miscarried

Coleman alleges both the bank and her immediate supervisor, long-term banker Feroze Sukh, are culpable under Hong Kong’s Sex Discrimination Ordinance and Disability Discrimination Ordinance.

Appleby shortlisted as International Law Firm of the Year

Appleby has a thriving private client and trusts practice in some of the most well-regulated and highly regarded offshore jurisdictions for the creation and administration of trust structures.

Raising corporation tax may seem like a vote winner, but it makes all of us poorer

The wrongdoing he had in mind is money laundering and tax evasion.

Does your offshore structure have enough substance? by Nel Schoeman and Iris Harvey

The only thing that is constant is change.

Mauritius: A rising jurisdiction of substance and innovation by Graham Patrick

Mauritius has one of the highest per capita incomes within the fast-growing African continent.

Freedom of information reform – how could it affect the charity sector?

There are a limited number of charities currently subject to the FOIA legislation.

UBS Sued by Alleged Rape Victim

She also asserts that she was disadvantaged by disclosing more than she needed to in an investigation into the rape, only to be denied access to an outside law firm's findings on UBS' handling of the matter.

Swiss regulator probes UBS Australia's $1.2b PNG loan

NG lost at least three times that amount as Oil Search shares fell sharply and the government was forced to sell out.

SJP charge under pressure as FCA consults on exit fee ban

The FCA has this morning announced it is consulting on a ban on platform exit fees

Swiss bank UBS sets aside €450m for French tax case

UBS appealing French court penalty decision to ‘correct the mistakes’ of a prior ruling

IEA says attacks on tax havens undermine competition and privacy

IEA release report on offshore financial centres

Making the case for Guernsey trusts and foundations in Asia – Ogier team heading to STEP Hong Kong event

The newly announced change in PRC personal tax regime, increase in the divorce rate and migration overseas have all increased this.

Bermuda companies and public information

Provided notice is given by way of an advertisement in an appointed newspaper, a Bermuda company may close the Register of Shareholders for any period not exceeding 30 days annually.

Australia's CBA halts demerger amid mortgage broker uncertainty

The halt comes ahead of a federal election expected in May which has cast doubt over the mortgage-broking business model, with the Labor opposition vowing to cap most broker commissions and ban certain others to remove conflicts of interest.

FBI accuses wealthy parents, including celebrities, in college-entrance bribery scheme

Of the 50 people charged in the FBI's Operation Varsity Blues, 33 were parents, officials said, warning that the investigation is ongoing and that others could be charged.

Wealthy CEOs and hedge-fund managers are flocking to Miami for the tax breaks, and it's creating massive waiting lists at the area's elite private schools

Several top private schools in the area told Business Insider that they've seen increased interest from families moving from these states.

Legal,Regulation,Tax & Compliance