iShares launch new ETF settlement structure
BlackRock iShares is launching Europe’s first ETF with an international security structure, with the aim of improving liquidity, easing cross-border ETF processing and lowering transaction costs for investors.
Tax & Regulation | 4 Jun 13
hmrc confirms draft qrops reporting rules
New reporting requirements set down in draft QROPS regulations HM Revenue & Customs issued last month “will only apply to pension schemes that ceased to be QROPS on or after the date that the regulations come into force”, HMRC has told International Adviser.
Tax & Regulation | 3 Jun 13
hmrc looks to simplify as it issues iht trust
HM Revenue & Customs has sought to reduce the complexity of the way inheritance tax trust charges are calculated, in a consultation document released late yesterday in London.
southern malaysian state to impose
A government official in the southern Malaysian state of Johor has said higher tax rates may be imposed on some 130,000 foreigners who own property there, the Malaysian Star reported yesterday.
Tax & Regulation | 3 Jun 13
draft qrops regs said not to apply
The new reporting requirements set down in the draft QROPS regulations issued last month by HM Revenue & Customs will not apply to schemes that lost their QROPS status before the regulations become law, at least as currently proposed, pension industry sources report.