Managers of Wealth

Whistleblower recalls fear of tracking UBS bankers at Roland-Garros

Stéphanie Gibaud’s evidence helped to hit Swiss bank with €4.5bn fine over tax dodge

Why wealth taxes may not be such a good idea for Singapore

Singapore has a sound self-funded pension scheme, where Central Provident Fund members can invest their savings in equities and other approved financial products tax-free.

'Tax the rich': Can it really solve the inequality crisis?

Concerning inequality, we now have hundreds of organisations providing exhaustive data that covers the topic from many different angles.

Tax Law Gives Wall Street a Break When Buying Private Jets

Two parts of 2017 law can help avoid tax on carried interest

Luxembourg law on the register of beneficial owners comes into force

Entities are not only obliged to provide information to the RBE, but also to hold such information, including supporting documents, at their registered office.

Alfred Cannan defends tax cap rise for the rich

The tax cap is rising from £150,000 in 2018/2019 to £175,000 for 2019/2020.

Parliament: Wealth, inheritance taxes could be avenue to level playing field

To reduce the wealth inequality gap, Singapore has taxes on personal income, property and consumption, so the top earners and those with more assets contribute to the national coffers, she noted.

Bermuda: Private Client tax laws and regulations

There is no income tax or capital gains tax in Bermuda.

Guide to Establishing Hedge Funds in the Cayman Islands by Piers Alexander

A hedge fund is typically open-ended, that is investors can make periodic redemptions.

Mauritius Government prioritises regulation of technology sector

The FSC considers Cryptocurrencies as being a sub-category of Digital Assets.

Accenture paid £150m to settle Lux Leaks tax dispute

This was in regards to Accenture’s tax treatment of an intercompany transfer of intellectual property in August 2010

EU Parliament Urges to Abolish 'Golden Visas' for Foreign Investors

Dariusz Rosati, a member of the European Parliament from Poland, in particular mentioned several money-laundering cases that involved EU banks, Russian capital and Russian citizens, claiming that "golden visas" often bring benefits to Russian ol

EU Court Nixes Suspension of Latvian Bank Official

The opinion notes that Rimsevics has called the allegations against him “highly implausible,” given that the private bank he is accused of assisting ceased trading in 2016 and has gone into liquidation.

Europe’s Wealth Tax Failed. Why Do American Democrats Think It Will Work Here?

Such taxes used to be common in Europe, a place many Democrat socialists like to point to in order to try and sell their policies.

Cyprus pushes to bring crypto assets under EU money laundering rules

Тhe EU directive sets a new legal framework for European financial regulators to monitor crypto-related businesses and service providers in order to protect against money laundering and terrorism financing.

Financial Institutions and Golden Passports

OECD analyzed over one hundred CBI and RBI arrangements from Jurisdictions that are committed to the Common Reporting Standard (CRS) and concluded that some jurisdictions put the integrity of the CRS at risk b

Seychelles Challenged On IBCs Tax Regime

The letter to authorities in Seychelles was one of six addressed to offshore territories recently by the Code of Conduct Group

EU Urges Switzerland To Secure Tax Reform's Passage

The European Council called for "a swift enactment of the reform."

European banks in money laundering scandals: what lessons for the EU?

Over the past few years, the European Union (EU) has strengthened its anti-money laundering rules and regulations.

Israeli court backs taxman on yachts

The court's recent ruling settled one of the disputed points: when a private yacht is regarded as having been imported into Israel and the time framework in which owners of private yachts can be taxed.

Legal,Regulation,Tax & Compliance