Managers of Wealth

Protection of Charities Bill by Chris Priestley, Withers

The Bill will not appear during the current Parliamentary session.

Australian Tax Office chases offshore old money

The ATO is targeting families whose predecessors may have shifted money offshore years ago

Wealthy Kuwaiti families embroiled in UK lawsuit over $60m loan

He also noted that the Al Roumi cousins, despite being based in Kuwait, both spoke good English and came regularly to England

Swiss banks to tell all under FATCA

This willingness to do the bidding of a foreign government would have been a surprise not many years ago

SEBASTIAN SHAKESPEARE: Learn how to avoid paying tax - at Her Majesty's embassies!

Guests were offered free drinks and canapes as they were asked if they were liable for British inheritance and capital gains tax.

China's $US15 billion in fake deals could weigh on gold

Chinese gold processing firms have used falsified gold transactions since 2012 to borrow 94.4 billion yuan from banks, the country's chief auditor said.

The future of Gift Aid by Graham Elliott, Withers

Conversations are underway between the Charity Tax Group and HMRC in respect of a potentially major reform to the operation of the gift aid rules, particularly in connection with donations which give rise to benefits to the donor.

Withers win Private Wealth Team of the Year at The Lawyer Awards

The firm's award submission was based on probate work on the estates of two famous UK artists, both involving complex questions of Artist Resale Rights and Business Property Relief in the administration of the estates.

Implementing a capital gains tax charge on non-residents by David Barton, Baker Tilly

In this consultation, HMRC sets out its proposals for the implementation of a capital gains tax charge on non-residents.

The impact of the upcoming AIF Law in Cyprus on private ICIS by Konstantinos Kanioura, Harneys

It outlined key features of the AIF Law in terms of available products and supervision

Offshore Firm Of The Year

Held on 25 June at the Grosvenor House Hotel London and hosted this year by Joanna Lumley, the Lawyer Awards is an annual awards ceremony that celebrates excellence in the legal profession across private practice, the public sector, commerce and industry.

Former Credit Suisse banker fined for hiding $100m losses

Former Credit Suisse banker pleaded guilty to charges of falsifying the lender's records

Baker & McKenzie Elects 65 New Partners Worldwide

Regionally, 29% of the promotions are in Asia Pacific; 32% are in Europe, Middle East and Africa; 14% in Latin America; and 25% in North America. 28% of those promoted to partner are women.

Russian lawmakers approve bill allowing compliance with US tax law

The bill now passes from the upper house of parliament to President Vladimir Putin

Law Firm Expands Client Practice

He was a partner at several Floridafirms and practiced in the areas of estate planning, probate, trusts, and guardianship administration.

Swiss banks agree lending curbs to try to calm housing market

The move represents a preemptive strike against measures being readied by the government

Former Schroders equity trader charged for insider trading

The Financial Conduct Authority has charged Damian Frank Clarke, a former equities trader at Schroders Investment Management Limited, with 9 counts of insider dealing, contrary to Section 52 of the Criminal Justice Act 1993.

Retired banker at Coutts 'laundered fraud proceeds'

He spent 30 years at Coutts, the Queen's banker, is accused of allowing his son Matthew Noad, 29, to funnel £655,000 through his bank accounts

UBS, BNP Warned of France’s Zero Tolerance on Tax Evasion

UBS AG Credit Suisse Group AG and other banks providing wealthy French people a home for their money in Switzerland are being told: No more tax evasion.

Swiss may soon share bank account names with India

The Swiss government on Monday put up the “revised Tax Administrative Assistance Act” on its website with the critical assurance that in no Swiss canton (state) has a “referendum been called against the bill”.

Legal,Regulation,Tax & Compliance