Industry
HMRC defeats Disney avoidance scheme
HM Revenue & Customs has defeated in the Court of Appeal a tax avoidance scheme which made false investments into Disney films.
Incompetent directors escape record 111m fine
The highest court in the Cayman Islands has thrown out a record fine given to two directors who operated a fund which caused investors to lose millions.
Tax & Regulation | 16 Feb 15
Tax evasion inquiries by foreign govts soar by 45%
Britain’s tax office has seen a surge in foreign governments making information requests about tax evasion over recent years.
Retirement | 16 Feb 15
BlackRock reacts to pensions changes
BlackRock is poised to take advantage of the upcoming pensions freedom changes with the launch of three new target-date vehicles.
Guernsey to enable transfers
Guernsey QROPS will benefit from full flexibility following a legislative change that will enable policyholders locked into schemes on the island to transfer funds into other jurisdictions.