Tax & Regulation
North America | 21 Apr 17
American states ‘thriving’ in Panama Papers fallout
US states including Delaware and Nevada are bucking a trend that has seen the number of new tax shelters drop by a third globally, according to one of the co-founders of Mossack Fonseca, the law firm at the epicentre of the Panama Papers fallout.
Qrops cull expected in shock second suspension of UK list
HM Revenue & Customs is to temporarily suspend its list of qualifying recognised overseas pension schemes (Qrops) for a second time on 2 June, signalling a further cull amid a drastic overhaul of overseas pension transfers.
Tax & Regulation | 21 Apr 17
Fraudster who ran £8.5m spread betting scam banned for 12 years
A British scammer, who ran a failed spread betting scheme, has been banned by a UK court from acting as a company director for 12 years.
Tax & Regulation | 21 Apr 17
Controversial death tax hike axed ahead of snap election
Plans to introduce a sharp increase in UK probate fees have been scrapped by the Ministry of Justice as a direct consequence of the surprise snap general election in June.
Tax & Regulation | 20 Apr 17
HMRC loses Sipp case over pension liberation charges
A UK court has ruled that Sipp scheme operator Sippchoice should not pay sanction charges after HM Revenue & Customs (HMRC) accused it of being a pension liberation vehicle.