Tax & Regulation
European nations agree new information sharing deal
Britain, Germany, France, Italy and Spain have signed a deal to automatically share information on the ultimate owners of companies in the latest move to tackle the growing use of international financial centers to dodge taxes.
Tax & Regulation | 14 Apr 16
More action needed to advance global tax transparency, OECD says
The international community should call time on all remaining nations who have yet to implement internationally agreed tax transparency standards, OECD secretary-general Angel Gurría said on Thursday in a new report to the G20.
North America | 14 Apr 16
Canada investigates fund transfers to the Isle of Man
Canada’s Revenue Agency (CRA) has audited 3,000 electronic funds transfers to the Isle of Man, made by around 800 Canadian taxpayers totalling C$860m (£472.2m, $672.5m, €593.4m).
Alternatives | 14 Apr 16
Irish Funds forecasts ‘significant’ growth in AIFs
Irish Funds, which represents the international fund community in Dublin, saw strong growth in the number of new Alternative Investment Funds (AIFs) in 2015 and expects that trend to continue.
Tax & Regulation | 14 Apr 16
Fund fees fall by a fifth after RDR
Investors are now paying over a fifth less in annual fund fees as a result of the introduction of the Retail Distribution Review (RDR), according to analysis by online investment platform rplan