The Continuing Saga of High-Net-Worth Individuals and Sports
One year ago, the Internal Revenue Service announced that it would be reviewing hundreds of high-income individuals’ tax returns in the last half of 2020.
Legal
2117 articles found
Global M&A Insights: New challenges, new opportunities
Carve-out and spin-off deals likely to increase as companies reorganise
Investigation reveals how football can be used to launder money
The English Football League’s (EFL) Owners’ and Directors’ Test bars anybody who has an unspent criminal conviction with a sentence of more than 12 months from owning a club.
New rules will finally unlock the UK Spac market
There will certainly continue to be strong competition from European neighbours – most notably the Netherlands and Luxembourg
Wealthy divorces: the most fought-over assets in high net worth splits
Nick is a specialist family lawyer who focuses on all areas of family law, including issues arising from divorce
CP21/26: A new UK prudential regime for MiFID investment firms
It represents a major change for investment firms. It is critical that firms adequately prepare for the regime.
‘King of Good Times’ Vijay Mallya’s bankruptcy casts spotlight on India’s billionaires who’ve gone broke
Analysts say his bankruptcy case shows the extent to which the government is now going after them to mitigate public anger over absconding tycoons
New EU Rules in Force: Pre-Marketing and De-Registration on UCITS and AIFS
Under the CBFD Directive, only certain third parties may engage in pre-marketing on behalf of an authorised EU AIFM
French regulator imposes €32m fine on Amundi
The AMF's enforcement committee estimated that two former employees' irregular transactions in 2014 and 2015 resulted in a €48.1m loss.
Record CGT take just a start as speculation remains about reform
This was cut recently to £1million from £10million in the March 20 budget so this will also contribute to future increases.
Tax Justice Network chair and its senior adviser quit in 'disenchantment' row
There now appears to be no one working at or advising TJN who has ever worked in tax, or accounting, or financial services.
HMRC closes unit set up to investigate family investment companies
Authority finds no evidence that the wealthy used FICs for tax avoidance