Italy to target non-doms with new tax regime
Italy is to introduce a remittance-style tax regime aimed at attracting non-domiciled high net worth residents, just as the UK makes its rules in this area less attractive post the Brexit vote.
Remittance
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Expats in Saudi Arabia to face cap on moving money abroad
Expats living in Saudi Arabia sending money back to their home countries could face a cap in line with their earnings as the Kingdom looks to tighten rules around personal wealth leaving the country.
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HMRC backtracks on loan tax rule for non-doms
HM Revenue & Customs has backed out of a controversial policy to scrap concessional treatment of non-domicile loans.
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Specialist calls for controls on global transfer charges
International money transfer firm Xpress Money has called for new measures to stop investors being exploited by hefty charges when sending cash overseas.