Capital gains tax (CGT) liabilities in Portugal depend on whether a client is resident, non-resident or approved under the non-habitual residents regime, explains Jason Porter, director of European IFA firm Blevins Franks.
China’s insurance regulator has issued its third warning in just nine days, announcing a clampdown on life insurers just weeks after the high-profile sacking of its top official in a corruption scandal that rocked the industry.
Guernsey has announced plans to overhaul its regulatory regime for pension product providers to bring it closer in line with the current international best practice standards.
The Isle of Man Financial Services Authority will publish a register of its members’ possible conflicts of interest and draw up a code of conduct on the disclosure and management of its members’ interests.
A Swiss national arrested in Frankfurt last week for spying on German tax officials allegedly recruited informants inside the country’s largest finance ministry to gather information on tax investigators.
Dubai-headquartered IFA firm Globaleye has hired a regulatory compliance expert to ensure the company meets the rapidly growing demands of watchdogs in the countries where it operates worldwide.
A UK adviser has defended international qualifications from the Chartered Insurance Institute (CII) against claims that they are of “no use to anyone” providing financial planning in overseas jurisdictions.
International qualifications from the Chartered Insurance Institute (CII) are “no use to anyone” providing financial planning in overseas jurisdictions, according to Sarah Lord, one of the most highly qualified female financial planners in the UK.
The UK regulator has decided that retail investment dealing, portfolio management and custody services will not fall under major new European Union disclosure rules.
This week, US president Donald Trump unveiled what he called “the biggest tax cuts in history”. Here’s a look at some of the initial proposals to slash inheritance tax, top income brackets and tax for large corporations.
The Pensions Regulator (TPR) in the UK has banned the trustees of a scheme that lost more than £15m ($19.3m, €17.7m) of member’s money after investing in overseas ventures that “bore the hallmarks of a scam”, including leases on a plantation in Fiji.
A committee set up to review South Africa’s tax system has revealed plans to introduce a new wealth tax as the country struggles to deal with extreme income inequality coupled with a dwindling tax base.
