NZ regulator warns QROPS provider over sales practices
The New Zealand Financial Markets Authority has told QROPS and pension provider SuperLife Trustees of its concerns.
Tax & Regulation
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London & Capital launches US tax-compliant portfolios
L&C has launched a range of tax compliant managed portfolios for US clients living outside the US.
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IRS chief says US considering tax amnesty to flush out offshore accounts
The US is considering a new tax amnesty programme to lure taxpayers with undeclared offshore assets.
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Adding US to EU blacklist risks tax chaos
The European Union is risking “geopolitical angst” and “global tax chaos” if it follows through on its threat to add the US to its list of non-cooperative jurisdictions for tax purposes.
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Obama signs bill with hidden provisions affecting
President Obama yesterday signed into law a bill which contains little-publicised elements that are expected to impact non-US financial institutions, funds and collective investment structures.