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Tax & Regulation

Canary Islands Gov’t reduces succession and gift tax by 99%

Europe | 5 Aug 15

Canary Islands Gov’t reduces succession and gift tax by 99%

The Canary Islands has announced that tax on successions and gifts to children and spouses will be reduced by 99%, a measure which is likely to save taxpayers on the island around €30m next year.

Bordeaux Services fined and banned over Arch Cru collapse

Tax & Regulation | 5 Aug 15

Bordeaux Services fined and banned over Arch Cru collapse

The directors of offshore fund administrator, Bordeaux Services, have been fined and banned for five years for their involvement in the collapse of the Arch Cru funds.

Taxing the UK’s wealthy: A timeline of a changing landscape

Tax & Regulation | 4 Aug 15

Taxing the UK’s wealthy: A timeline of a changing landscape

Law firm Edwin Coe maps out the upcoming changes to the taxation of high net worth individuals in the UK, as announced in the last two Budgets.

APFA says UK Gov’t needs to fix ‘unfair rules’ facing advisers

Tax & Regulation | 3 Aug 15

APFA says UK Gov’t needs to fix ‘unfair rules’ facing advisers

The UK Government needs to address “unfair rules” which mean advisers face uncapped liability until death, the Association of Professional Financial Advisers (APFA) said in its response to the launch of a Financial Advice Market Review.

UK Gov’t launches review of financial advice industry

Tax & Regulation | 3 Aug 15

UK Gov’t launches review of financial advice industry

The British Government has announced a major review of the regulatory and legal framework governing the whole financial advice industry.

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Published by Money Map Media – part of G&M Media Ltd Copyright (c) 2024.

International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.