Tax & Regulation
Tax & Regulation | 27 Mar 17
IA to consult on hidden charge criticisms
Asset managers have fired a major shot in their battle to win over sceptical politicians, regulators and clients with the launch of a public consultation on a new costs and charges disclosure scheme.
North America | 27 Mar 17
BlackRock and Vanguard call for delay to US adviser reforms
BlackRock and Vanguard have called on US officials to delay the introduction of landmark rules forcing financial advisers to act in the best interests of their clients, raising concerns the new regulations will confuse investors and add unnecessary costs to the financial service industry.
Petition against South African expat tax launched
A petition against new legislation that would force South Africans working in countries with no income tax to pay tax in their home nation went live on Sunday.
Middle East | 27 Mar 17
UK/UAE treaty allows expats to cash out pensions tax free
A new UAE-UK double tax treaty, which came into force on 1 January, means that British expats over 55 residing in the Gulf state can cash out their full pension pot entirely tax free, according to David Denton, head of international technical sales at Old Mutual Wealth.
Messi appeal against Spanish tax fraud sentence set for April
Argentinian football star Lionel Messi will appear in court in Spain next month to appeal the 21-month prison sentence he was handed for tax evasion last year.