Tax & Regulation
Italy to target non-doms with new tax regime
Italy is to introduce a remittance-style tax regime aimed at attracting non-domiciled high net worth residents, just as the UK makes its rules in this area less attractive post the Brexit vote.
Tax & Regulation | 16 Dec 16
Celebrities face HMRC £50m tax clawback on empty data centres
Millions of pounds in tax relief given to celebrities such as England footballer Wayne Rooney and British comedian Jimmy Carr is being clawed back by HM Revenue and Customs (HMRC).
Tax & Regulation | 14 Dec 16
UK to make ‘polluters’ pay in FSCS levy shake-up
The UK regulator has proposed changing the financial compensation scheme to make riskier, so-called ‘polluter’ firms pay higher levies.
Middle East | 14 Dec 16
UAE to collect tax information on expats from next year
Expats in the UAE have been advised that banks and other financial institutions will be contacting some of their customers to collect information about their tax status in early 2017, reports local newspaper Gulf News.
Former French budget minister jailed for tax evasion
Jerome Cahuzac, a cosmetic surgeon and former French budget minister tasked with cracking down on tax evasion, has been jailed for three years after he was found guilty of tax fraud and money laundering.