Tax & Regulation
Best Practice | 3 Apr 17
Jersey opens tax disclosure amnesty
Jersey is running a voluntary disclosure scheme giving islanders the opportunity to tell the taxman if they have made a mistake or failed to declare income without having to pay extra penalties, ahead of tougher sanctions that may be brought in next year.
Spain bemused by UK’s ‘war talk’ in Brexit row over Gibraltar
Spain has accused UK government officials of “losing their cool” in a row with the European Union over the future of Gibraltar post-Brexit.
SA finance minister’s sacking will not halt expat tax plans
The sacking of South Africa’s finance minister will not stop legislation to tax some expats on their foreign income from being introduced, the founder of the South African Expats Tax Petition Group has said.
Tax & Regulation | 3 Apr 17
UK wealth managers refused FCA opt out from Mifid ‘taping’ rule
New rules to force UK wealth managers to tape telephone calls with clients will not apply to smaller advisory firms, the FCA revealed on Friday.
North America | 31 Mar 17
Canada Revenue Agency warns tax protesters after arrests
The Canada Revenue Agency (CRA) has issued a warning to residents using tax protester schemes to argue that they don’t need to pay tax after it executed three search warrants with the Royal Canadian Mounted Police.