french authorities publish trust filing guidelines
The French tax authorities have finally published long-awaited guidance confirming a filing date and providing details of what information must be disclosed by trusts with French connections.
Tax & Regulation
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fatca agreement gives uk exemptions
UK registered pension schemes and tax-advantaged ISA savings products will be exempted from the new FATCA reporting requirements following a significant agreement signed by the US and the UK.
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hmrc used special computer software
HMRC has used special computer software to collect an additional £26m from inheritance tax over the last year, said David Gauke, exchequer secretary to the Treasury in a detailed speech earlier today at the Institute of Fiscal Studies conference.
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isle of man tax agreements with slovenia
Two tax agreements between the Isle of Man and the Republic of Slovenia have come into force, covering both tax information exchange (TIEA) and a double taxation agreement (DTA).
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aifmd as business threat but more transparency
The challenges fund managers face complying with the Alternative Investment Fund Management Directive (AIFMD) are highlighted by a survey from Deloitte, the business advisory firm.
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eu code group approves guernseys zero 10
Guernseys revised zero-10 corporate tax regime has been given a clean bill of health by the European Union, ending almost three years of uncertainty.
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hmrc scoops extra half a million
HMRC has brought in £500m in extra tax, since a special unit was set up to deal with the tax affairs of the countrys wealthiest people.
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guernsey and jersey sign tax agreements
Guernsey has signed tax information exchange agreements (TIEAs) with Italy and Latvia to bring the total number of countries where it formerly transfers such bilateral information to 37.
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us expats seek to make fatca fbars
A Switzerland-based group of expatriate American organisations is seeking to put such issues as FATCA and Foreign Bank Account Reports on the political agenda, as the US heads into the final stretch of its presidential election campaign.
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wheatley to tackle remuneration led mis selling
Martin Wheatley, head of the UK FSAs Conduct Business Unit, has set out plans to tackle incentive schemes used by financial services firms, which he said are driving mis-selling and leading to consumers being sold more risky products.
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isle of man regulator warns bogus website
A bogus website with the address of http://abacusfinancialservicesltd.com is falsely representing a genuine Isle of Man-based advisory business called Abacus Financial Services Limited,according to the islands Financial Supervision Commission (FSC).
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liechtenstein to require ldf filers to deposit min
UK taxpayers hoping to take advantage of the Liechtenstein Disclosure Facility tax amnesty scheme will have to deposit at least a fifth of their assets in a Liechtenstein institution, or CHF3m ($3.13m, 2.5m, £1.98m), from 1 Sept onwards, International Adviser has learned.