Tax & Regulation
Tax & Regulation | 3 Nov 15
Firm warns against HMRC bankrupting taxpayers over APN disputes
HMRC should not pursue insolvency proceedings to demand that tax allegedly owed from years ago be paid in full until the underlying dispute has been resolved, warned law firm RPC.
Tax & Regulation | 2 Nov 15
South Africa advisers should learn from UK’s RDR
South Africa’s asset managers need to learn from the UK’s Retail Distribution Review experience and work in partnership with financial advisers when implementing next year’s regulatory changes, according to Brooks Macdonald International’s business development director.
Tax & Regulation | 30 Oct 15
HMRC reveals tax bill for international life cos and others
HM Revenue & Customs has set out the UK VAT changes that will go live from 1 January 2016 resulting from a European Union court case involving Skandia American Corporation and Sweden’s tax authority.
MiFID II deadline extension needed, says Efama
National legislators and regulators will all implement the MiFID II directive differently. Since this creates complications for international asset managers, the European Fund and Asset Management Association (Efama) wants an extension of the deadline for full implementation of MiFiD II, which is currently set at January 2017.
Liechtenstein and EU sign tax transparency agreement
Liechtenstein and the EU Commission have signed an agreement on the automatic exchange of information (AEOI), which will ensure greater transparency and cooperation between tax authorities.