Tax & Regulation | 19 May 13
new us offshore tax evasion legislation
The latest attempt by US lawmakers to crack down on Americans who have offshore income they do not report stands a good chance of being signed into law within months or even weeks people who are monitoring the situation in Washington say.
Tax & Regulation | 17 May 13
nigel green launches attack on toxic fatca
DeVere Group’s chief executive Nigel Green has heavily criticised the American government’s Foreign Account Tax Compliance Act in an interview with a US based news organisation.
harlequin owners have 11m assets frozen
The husband and wife directors of the beleaguered Harlequin Property investment fund have had their assets frozen by the UK’s High Court.
AG2R La Mondiale buys up competition
French insurance company AG2R La Mondiale is to buy MassMutual Europe, a Luxembourg based life insurance company with around 700m in assets under management.
United Kingdom | 16 May 13
the rdr plus points no one predicted
The UK has become a more attractive investment destination in the past year due in part to the wider range of choice offered to investors as a result of RDR, according to research from Morningstar.