Tax & Regulation
Best Practice | 10 Nov 17
UK Gov’t outlines cold calling ban timeline
The UK Government is committed to banning pension cold calling and will bring forward draft legislation for scrutiny to ban the practice in early 2018, a member of parliament (MP) has confirmed.
The name’s Bond, Offshore Bond: UK policyholder beware!
Should a European policyholder (assuming that they are also the life insured) become UK tax resident, the question arises of how foreign insurance bonds are taxed in the UK writes Mara Monte, associate in Withers’ Private Client and Tax team.
Jurisdictions face critical EU tax haven blacklist test
A ‘substance’ test that determines whether actual business activities of offshore structures take place in a jurisdiction could be the make or break factor for 53 countries facing the prospect of being added to an EU-wide tax haven blacklist.
Paradise Papers critics ‘naïve’ says deVere CEO
Misinformation, heightened sensationalism and grandstanding politicians are “masking the reality” of the Paradise Papers, deVere Group founder and chief executive Nigel Green has said.
Isle of Man chief minister defends tax treatment
After bearing the brunt of media scrutiny over the Paradise Papers, Isle of Man chief minister Howard Quayle has said an internal review “found no evidence of wrongdoing”.