Managers of Wealth

Leonardo Braune: Brazil’s tax reforms risk alienating HNWIs

But by bringing Brazil’s taxes in line with jurisdictions like the US and UK, the country is risking its competitive edge.

Prime Minister vows to stem flow of ‘dirty money’ into London’s luxury property market

Saadi Gaddafi will have trouble buying another £10m luxury mansion in Hampstead through a faceless British Virgin Island shell company if reforms announced today by UK Prime Minister David Cameron have their desired effect.

Daughter’s £164k will victory ‘consistent with law’, say experts

The appeal court granted Heather Ilott a third of her mother’s estate on the grounds that IIott had not been given ‘reasonable financial provision’ in the will.

Liechtenstein Disclosure Facility To Close In December

The UK and Liechtenstein have published a Joint Declaration that provides for the early closure of the Liechtenstein Disclosure Facility.

Foreign criminals use London housing market to launder billions of pounds

Corporations, usually based in offshore tax havens, are sometimes used by buyers keen to hide ownership of assets, says National Crime Agency spokesman

Ex-Deutsche Bank Chief Anshu Jain Cleared of Misleading Regulators Over Libor Rigging

German regulator BaFin is continuing investigation into other matters

Dearth of compliance expertise complicates Singapore's fight against unlawful money

Singapore's fight to stem illicit fund inflows has shoved private bankers into a new quandary - finding enough qualified compliance specialists to ensure the money passing through their accounts is clean.

Two more Swiss banks strike deals with U.S. over tax evasion

The United States aims to reach accords with all of them by the end of 2015.

Banking Family Plans to File Suit Against Andorra

The Ciercos, who had 75 percent of the equity of Banca Privada d’Andorra, or B.P.A., said in a statement that their pending lawsuit would seek damages from Andorra for the “indiscriminate and unilateral expropriation” of the bank.

Jersey Tax Bulletin July 2015 - Deliotte

Non-UK Domiciliaries and UK Residential Property: Upcoming Changes

International law firm launches new Corporate Crime & Fraud Unit

In the aftermath of the global financial crisis, businesses around the world face ever tougher legal and regulatory requirements and more stringent laws cracking down on corporate misconduct.

IRS targets Singapore in tax evasion crackdown

First came Switzerland. Now the Internal Revenue Service has a new target: Singapore.

Fifa’s Jeffrey Webb secures $10m bond with 11 watches and wife’s wedding ring

Webb facing charges of conspiracy to defraud in Cayman Islands

Africa tax in brief by Celia Becker, ENSAfrica

MAURITIUS: Expeditious Dispute Resolution of Tax Scheme 2015 guidelines published

Tax court rules on creation of permanent establishment in South Africa by Dr Beric Croome

Where a foreign company renders professional services to a South African company in South Africa, it is important that the foreign entity considers whether, as a result of rendering such services, the foreign company will create a permanent establishment

Legal,Regulation,Tax & Compliance