one in twenty singaporeans will be a millionaire
Nearly one in 30 Singaporeans is a dollar millionaire a figure which is expected to rise to nearly one in 20 in five year’s time as the financial service sector grows and newly wealthy families from elsewhere in Asia flock to the island city state, according to a new report.
Tax & Technical | 23 Sep 13
the pain in spain comes mainly through
If a UK expat dies in Spain, their executors may find themselves embroiled in the Spanish inheritance tax system regardless of where the deceased paid his tax as Helen Rowett, a partner in the private client department of Lodders Solicitors, explains.
Tax & Regulation | 23 Sep 13
raid on swiss accounts of brits a flop
A scheme to tax the secret Swiss bank accounts of UK taxpayers, first unveiled in 2011, has failed to bring in £2bn of the projected £3.2bn it was projected to raise, the Sunday Times has reported.
wells fargo continues drive into europe
Wells Fargo Asset Management is to distribute a range of funds in Norway for the first time as it continues its expansion into Europe.
Commodities | 23 Sep 13
Luxembourg investor launches three-in-one fund
Luxembourg-based specialist investment company, YAS Investment Management, has launched a three-pillared commodities-focused product that enables clients to divide their assets across a combination of physical, trading and arbitrage classes, within one fund.