Legal

Legal

UK Footballers and their agents face increased tax bills as HMRC clamp down on perceived tax loophole

April 23, 2021

The element of the payment which is made on behalf of the player will be treated as taxable income of the player as a ‘benefit in kind’.

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Legal

US President to 'propose hiking tax on rich'

April 23, 2021

The plan would also nearly double taxes on capital gains to 39.6% for people earning more than $1m.

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Legal

£140000 fine against Standard Chartered Guernsey subsidiary

April 23, 2021

A licensee is expected, at all times, to comply with the requirements of the Regulations

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Legal

Cyber hack challenges in international arbitration

April 23, 2021

Proceedings disrupted over allegations of hacking by an adversary

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Legal

No or only nominal tax jurisdictions carry out first annual information exchanges

April 23, 2021

The information to be exchanged relates to the identity, activities, and ownership chain of entities that are noncompliant with substance requirements or that engage in “high-risk” activities, such as activities relating to intellectual proper

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Legal

Swiss authority to probe Credit Suisse over trading losses

April 23, 2021

The authority said such "enforcement proceedings" against financial institutions typically take months, depending on the complexity of the matter.

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Legal

Charity begins at Cuthbert’s home — An update on Colin v. Cuthbert

April 22, 2021

But Aldi’s Cuthbert is seemingly taking his battle straight to the court of public opinion, by launching a public relations campaign showing some real caterpillar chutzpah.

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Legal

Swiss Regulator Probes Credit Suisse's Scandals

April 22, 2021

The Bern-based regulator confirmed that it opened an investigation last month into Credit Suisse's involvement with insolvent Greensill.

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Legal

AllianceBernstein Executes Landmark Corporate Bond Trade Utilizing Broadridge's LTX® Trading Platform with Four Buyers on Same Block Trade

April 22, 2021

LTX's patented RFX digital trading protocol powers historic corporate bond trade initiated by AllianceBernstein to maximize liquidity, efficiency and execution

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Legal

New PIF rules further enhance Guernsey’s funds offering

April 22, 2021

A third path will enable a PIF to be created as a bespoke private wealth structure requiring a family relationship between investors.

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Legal

Snapshot: SPACs and private equity – new tools for investment and acquisition

April 21, 2021

The current resurgence in SPAC activity started in 2012 and, after initially seeing steady year on year growth, SPAC use suddenly rocketed in late 2019. Since then, growth has been almost exponential.

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Legal

Beware the offshore tax crackdown: From holiday homes to secret Swiss accounts, HMRC is getting tough on Britons making money abroad

April 21, 2021

The offshore financial interests of millions of Britons have been handed to HMRC since 2018

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