02/01/2016
Welcome to the fourth annual issue of Appleby’s round-up of significant decisions of the courts over the course of the preceding calendar year. It is compiled by members of our Dispute Resolution Group in Bermuda, the British Virgin Islands, the Cay
02/01/2016
Country by Country Reporting and EU Anti-Avoidance Package
02/01/2016
AIMA makes the case that rules should allow greater asset managers’ participation in securitisations in order to support the supply of finance to small and medium-sized enterprises.
01/29/2016
Barclays has been hit with a lawsuit for nearly a £1bn
The bank said in a statement: “We believe the claim against Barclays is misconceived and without merit and Barclays will be vigorously defending it.”
01/29/2016
The move towards a clear and consistently-applied global standard is constructive and something that Guernsey has long demonstrated a commitment to through the steps it has taken.
01/29/2016
The group's migration to Guernsey represents a key milestone and gives us a strong base from which to access the major London investment market and continue to grow the business
01/29/2016
The IRS is suing to recover unpaid taxes, interest and penalties on money held in offshore trusts from 1992 to 2013
01/29/2016
Overall however, the United Kingdom is a very attractive holding company jurisdiction and has a highly competitive tax package to offer as an “onshore” prospect.
01/29/2016
An appeal by the defendant banks against the initial judgement of their liability in the case was heard by the DIFC Court of Appeal in September 2015.
01/29/2016
ountry by Country Reporting and EU Anti-Avoidance Package
01/28/2016
The signing ceremony marks an important milestone towards implementation of the OECD/G20 BEPS Project and a significant increase in cross-border cooperation on tax matters.
01/28/2016
Transactional work – which characterizes much of the legal world – is replaced with ongoing retainer arrangements complemented with project work.
01/27/2016
By resisting new global disclosure standards, the U.S. is creating a hot new market, becoming the go-to place to stash foreign wealth.
01/26/2016
Exposing the truth about the benefits of saving and investing offshore, and identifying who can benefit from going offshore.
01/26/2016
The bank is a small private bank that commenced doing business in September 2009.
01/26/2016
Former Summit Chief Operating Officer Angelo Alleca and former fund administrator Mark Morrow were arraigned in Georgia federal court.
01/26/2016
The IRS updated its list of foreign banks where accounts trigger a 50% rather than 27.5% penalty in the IRS’s long-running Offshore Voluntary Disclosure Program.
01/26/2016
Since Australia’s tax treaty with Switzerland was amended at the end of 2014, the ATO has intensified its investigation into holdings in Swiss banks and other financial institutions.
01/25/2016
Maurer had said Switzerland's cooperation on tax matters in terms of sharing information on suspected black money cases would continue at "a good level".
01/25/2016
If you are looking for a tax-free residency or citizenship, consider these countries