Tax & Regulation
IoM regulator confirms two commission disclosure deadlines
Life insurance companies on the Isle of Man must provide broad commission disclosure from 1 January 2018 and policyholder specific commission disclosure from 1 January 2019 under the proposed new Conduct of Business Code.
Middle East | 31 Jan 17
Abu Dhabi finance centre to share information with Mauritius
The regulator of the Abu Dhabi Global Market (ADGM), the UAE’s new international financial centre, has signed an agreement with the regulatory authority in Mauritius to strengthen cooperation and facilitate the exchange of information.
Tax & Regulation | 31 Jan 17
HMRC tax revenues from ‘enveloped’ properties up 53%
The UK tax office raised £178m ($223m, €208m) in financial year 2015/16 through taxing British homes owned by companies, data from London and Geneva-based law firm Collyer Bristow suggests.
Best Practice | 31 Jan 17
Six year-end tax issues for non-doms in the UK
The approaching tax year-end applies equally to those born in the UK and to foreign expats living there. This year, expats may have even more to consider given the new non-dom rules coming into force from 6 April 2017, warns Old Mutual Wealth’s financial planning expert, Rachael Griffin.
Spain under fire to harmonise tax regimes across regions
Pressure is mounting on the Spanish government to introduce a nationwide tax system to address “substantial tax disparities” between the country’s 17 autonomous regions.