02/18/2014
Wealthy Britons in the dark over inheritance tax rules
Wealthy Britons risk leaving their loved ones with an unexpected tax bill after a new report revealed less than half are aware of the inheritance tax threshold.
Legal,Regulation,Tax & Compliance
02/14/2014
Jersey Finance comments on the OECD new single global standard on automatic exchange of information
“These reforms are a platform for mobilising money transparently and allowing greater global investment, which we strongly welcome”.
02/13/2014
Luxury Cars as Lottery Prizes to Help Portugal Fight Tax Dodgers
For as long as she can remember, Portuguese pensioner Maria Alice Silva has enjoyed a guilty pleasure she hides from her friends: playing the lottery.
02/13/2014
OECD delivers new global standard on automatic exchange of information between tax authorities
The standard contained in this report and released in preparation for that meeting calls on jurisdictions to obtain information from their financial institutions and automatically exchange that information with other jurisdictions on an annual basis.
02/13/2014
JFSC publishes feedback on miscellaneous amendments to Regulatory Legislation
The limited number of respondents to the consultation were generally supportive of the proposed amendments and no substantive changes to the form of the draft legislation consulted upon have been considered necessary as a result of the comments received.
02/13/2014
OECD proposes agreement on sharing details of offshore accounts
42 countries have already committed to sharing tax details
02/13/2014
Adviser hits out at Standard Life in client ownership row
An advice firm has hit out at Standard Life after the provider revealed clients had moved from a rival firm amid a dispute over client ownership.
02/12/2014
Barclays says its Swiss private bank is part of US tax deal
Barclays private bank in Switzerland became the latest bank to say it would work with U.S. officials in a crackdown on wealthy Americans evading taxes through hidden offshore accounts.
02/12/2014
NORWAY: Government wants to remove wealth tax
The wealth tax limits the Norwegian business sector, says Prime Minister Erna Solberg. Solberg dismisses that the wealth tax is a tax for the wealthy.
02/12/2014
Baker & McKenzie Elects New Partners and Professionals
Throughout their tenure, these professionals have demonstrated a remarkable commitment to our clients and the Firm
02/12/2014
PAM awards - International Tax And Estate Planning Law Firm Shortlisted
These recent distinctions highlight the firms strong leadership in tax and estate planning for high net worth international private clients.
02/12/2014
Global law firm appoints first ever Asia managing partner
As the U.S. Ambassador, Ambassador he oversaw the broadening engagement of the United States in Southeast Asia, which included the Obama Administration's 2011 "pivot" or "rebalance" to the region.
02/12/2014
SEC names new chief accountant in Enforcement division
The Securities and Exchange Commission today announced that Michael F. Maloney has been named the new chief accountant in the SEC’s Division of Enforcement.
02/11/2014
UBS suspends two Hong Kong employees in hiring probe
Investment bank UBS has suspended two members of its staff in Hong Kong after launching an investigation into the hiring of an employee related to the head of a mainland corporate client.
02/11/2014
Flexible solutions for those facing a US/Swiss planning conundrum - Withers
In this brochure, to illustrate the complex issues that can arise in this area, we have provided a case study of what one might, at first sight, assume to be a straightforward situation. In fact, and as we show, it is anything but.
02/11/2014
Former UBS banker to plead guilty in U.S. tax case, filing says
A former senior UBS private banker has agreed to plead guilty in connection with a criminal indictment for selling offshore tax-evasion services to wealthy Americans
02/11/2014
EU to force Britons to publish details of wills and property
A bill being debated in Brussels would force UK citizens to disclose 'reams' of private, financial information on a public register
02/11/2014
More spouses are financially cheating
The number of people keeping money secrets from their partner is on the rise.
02/11/2014
Bedell makes 'Most Admired' list for fourth consecutive time
Bedell Trust has been included in the coveted list of ‘Most Admired UK Companies’ for the fourth consecutive year.
02/11/2014
Ex-Hedge Fund Manager Sues E&Y Over Charity Tax Relief Failure
Her Majesty’s Revenue & Customs investigated De Camaret and intends to “impose penalties,” according to the suit filed Dec. 6 in London and released last week.