Tax & Regulation
Best Practice | 11 Dec 19
Investment manager creates Prod toolkit for advisers
They still need to work on their ‘to-do’ list as compliance is proving hard
UK taxman overtaxed more than 460,000 people last year
And they were forced to submit refund claims to get their money back
HSBC PB Switzerland to pay $192m for US tax evasion case
It maintained accounts in names of nominee entities established in the BVI, Liechtenstein and Panama
Is there a DB transfer mis-selling scandal looming?
Issue is ‘more widespread’ than people in the advice sector think
China raises ownership cap on joint-venture life firms
It will allow foreign investors to own up to 51% before scrapping the limit during 2020