05/18/2018
Angola’s $5 billion sovereign wealth fund has been embroiled in a dispute with its former boss, the ex-president’s son Jose Filomeno dos Santos, and the Swiss-based asset manager contracted to invest money for the fund, Quantum Global.
05/18/2018
Giving “anything but ‘vanilla’ tax planning is becoming dangerous for advisers”, as they face a rise in civil and criminal penalties aimed preventing tax evasion, James Quarmby, private client partner at Stephenson Harwood has warn
05/18/2018
A law firm outlines how financial advice firms can protect themselves from the criminal offence of failing to prevent tax evasion.
05/17/2018
The primary focus of GDPR is to protect the personal data of citizens of the European Union wherever it is held, processed or transferred.
05/17/2018
Mr Shipton said ASIC would use “every inch of [its] powers" to lift standards, but also slammed the behaviour of some businesses for not co-operating with the watchdog, or obstructing its work.
05/17/2018
While most legal services are becoming increasingly commoditized, there are many times significant differences in the quality of the work done by different private client lawyers.
05/16/2018
Requirement to correct rules not just for the super-rich
“The new rules are certainly not just the concern of the super-rich or corporates,” said Hender
05/16/2018
Fate of millions of pounds set to be returned to investors will hinge on verdict, as taxman appeals ruling in favour of Hargreaves Lansdown.
05/16/2018
Dynasty trusts let the richest Americans protect and preserve wealth for generations, while minimizing tax bills.
05/16/2018
Last year, the tax agency collected 2.81 trillion won (US$2.6 billion) in additional taxes from such illegal wealth transfer.
05/16/2018
WRM was the AFSL holder in the business setup, and Yes FP employed its authorised advisers to provide personal financial advice to retail clients referred to them by Yes FS.
05/15/2018
The Guernsey court had held that a creditor of a trustee may enforce a debt directly against the assets of a trust, even if the trustee had no right to indemnify itself from the trust in order to pay the debt.
05/15/2018
Five-time Ballon d'Or-winner has reached a deal with tax authorities — but amount will be relevant to new salary in renewal
05/15/2018
Newly elected Malaysian Prime Minister Mahathir Mohamad, who was sworn in on Thursday, has vowed to investigate the 1MDB scandal and take action against those who may have abetted or benefited from corruption
05/11/2018
The government says Lacy Doyle, who lives in Manhattan and owns a house in Sag Harbor, hid a nearly $4 million inheritance from her father.
05/11/2018
The suit claims Marquez began overseeing his account and, on several occasions, began investing Brown’s money into various projects and trading stocks without his permission.
05/11/2018
Barclays is also now subject to special requirements by which it must report annually to the regulators detailing how it handles whistleblowing
05/11/2018
International Tax Issues to watch
To manage their transfer pricing exposure, multinationals should review their existing transfer pricing policy on a global basis.
05/11/2018
The reporting requirement will apply for the first time in the tax returns to be filed in 2019 covering fiscal year 2018.
05/10/2018
In response to the rise of the #MeToo movement, the IMDDA commissioned the anonymous survey with institutional investors in the winter of 2018.