Industry
Tax & Regulation | 14 Jun 17
Gibraltar loses landmark lawsuit on EU passporting
Gibraltar has lost a landmark legal battle to be recognised as a separate EU state for tax purposes, in a ruling that deals a further blow to the British overseas territory’s hopes of securing a special status post-Brexit.
Singapore, HK to outpace Switzerland for offshore wealth
Singapore and Hong Kong remain the fastest-growing offshore centres and are set to outpace Switzerland when it comes to attracting wealth from abroad, a new report predicts.
New entrant Singapore Life receives licence to target HNWs
New insurer Singapore Life has become the first local insurer in nearly half a century to receive a licence from the Monetary Authority of Singapore (MAS) to operate as a direct life insurer.
PEOPLE MOVES: UK govt, Killik & Co, Australian Tax Office
UK prime minister Theresa May has reshuffled her cabinet as uncertainty mounts over how long the Conservative Party can hold on to power. The deputy Australian Tax Office commissioner has resigned after being being caught up in a fraud scandal, while Killik & Co has appointed a head of wealth planning.
Spain indicts Cristiano Ronaldo on €14.7m tax fraud charges
Spain’s Prosecutor’s Office in Madrid has filed a tax fraud lawsuit against Real Madrid star Cristiano Ronaldo.