Tax & Regulation
Antiquated Australian tax residency rules face overhaul
Australia’s individual tax residency rules have not changed in 90 years and desperately need modernisation and simplification, the country’s Board of Taxation has found.
Suspension lifted at Holborn Assets
Dubai-headquartered Holborn Assets Insurance Brokers has resumed normal business after the Insurance Authority suspension of the company’s licence was lifted on Monday, sources have told International Adviser.
South Africa taxman names and shames
Any suggestion that the South Africa Revenue Service (Sars) was making empty threats when it said it would convict and publicly name those who failed to submit outstanding tax returns has officially been put to rest.
UK government considers flat-rate pension tax
HM Treasury is investigating whether to introduce a flat rate of pension tax relief, in a bid to raise an extra £4bn (€4.5bn, $5.3bn) a year for the National Health Service (NHS).
The privacy risks of cross border investing
What can unite the UK and Russia, Saudi Arabia and Qatar and Pakistan and India? The answer, as all nerds know, is not football but tax, specifically the Common Reporting Standard (CRS), according to Irwin Mitchell Private Wealth partner Alex Ruffel and solicitor Luke Micallef-Trigona.