man u reported considering caymans registration
Manchester United, the indebted UK football team owned by the US Glazer family, may look to move the clubs registration to the Cayman Islands, according to press reports.
Tax & Regulation
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irs offers a helping hand on fbars
The Internal Revenue Service has announced that it will help American citizens based overseas to catch up on Reports of Foreign Bank and Financial Accounts, in an apparent softening of its stance on the timely filing of US federal income tax returns.
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panel to oversee new gibraltar fund regime
Gibraltars Financial Services Commission has announced the creation of a Funds Panel, after recent changes to its laws which are designed to bolster its appeal as a fund jurisdiction, particularly following the introduction of the Alternative Investment Fund Managers Directive.
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tax net tightening around expatriates
A raft of new taxes affecting expatriate Britons, Canadians, Americans and others living in Italy is forcing many to seek help from advisers and tax specialists there, as they struggle to comply, advisers catering for expats in that market say.
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uk has fight on its hands over plans to introduce
The British Government has a major battle on its hands over plans to introduce VAT in the Turks and Caicos islands, according to a new association set up by business representatives from the British Overseas Territory.
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brits begin to reclaim 400m in overpaid iht from
Hundreds of British families have now come forward to claim an estimated £400m (495m, $632m) in overpaid IHT back from the Spanish government, according to a law firm fighting the expats case.
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new japan swiss fatca deal seen as template
A new agreement hammered out between the US Treasury Department and authorities in Japan and Switzerland is seen as providing other countries with a model for complying with FATCA.
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jimmy carrs mistake should be a wake up
The lessons learned by the comedian this week should act as a guide for the wider tax planning industry.
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progress in tackling tax evasion being made
Steady progress is being made towards tackling tax evasion more effectively, delegates attending the G20 summit in Los Cabos, Mexico have been told, in a series of reports released to coincide with the event.
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the times tax avoidance investigation targets
UK-based newspaper The Times has this morning published the first part of an investigation it has conducted into tax avoidance by thousands of wealthy people in the UK.
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confusion reported as trust filing deadline
Tax experts with French tax-resident settlor clients told International Adviser today that confusion surrounding the reporting of trust information to the French tax authorities remains, even as the reporting deadline arrived as of midnight.
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mifid advice definition requirement
A requirement within MiFID II to isolate purely execution-only transactions from those on which advice has been given, has been raised as a point of concern by a former member of the European Commission Securities Markets Experts Group.