The UK Treasury has issued a consultation document to invite responses to its plans to reform two provisions of its anti-tax avoidance legislation, in response to notification by the European Commission last February that the provisions were incompatible with certain EU treaty freedoms.
A body representing tax practitioners around the world has drawn up a five point programme aimed at combating abusive tax avoidance.
The STEP Journal, the official magazine for the Society of Trust and Estate Practitioners, has said Guernsey is the principal target of recent QROPS legislation targeting tax avoidance.
With Switzerland's banking secrecy laws under attack from cash-strapped G20 governments keen to track down hidden overseas assets, Singapore's wealth managers are positioned to benefit, writes Helen Burggraf
External perceptions of East Asia as a low-cost financial centre are inaccurate, while a lack of fiduciary and legal talent is restricting industry growth in the region, according to a Society of Trust and Estate Practitioners survey.
Proposals set out by HMRC to clarify the current taxation of non-doms does not go far enough, warns STEP.
STEP has welcomed HMRC’s plans to publish consultations on tax residency and non-dom rules reforms.
The UK Treasury today unveiled a consultation aimed at using tax to R&D and charitable donations.
Step has created a course to help advisers deal with trust disputes and litigation.
Hong Kong is planning changes to its trust law that could have implications for other jurisdictions.
STEP says George Osborne’s increase in the non-dom charge may drive many away, cutting the tax take.
Step’s Switzerland and Liechtenstein members are the most downbeat among their peers over the future
