Tax & Regulation
Tax & Regulation | 21 Apr 15
British IHT bills likely to average over 130K
UK families are facing average inheritance tax bills of up to £130K; according to research from Canada Life International; highlighting the need for more planning to reduce the liability.
Expert criticizes claims HK reforms will cause ‘collateral damage’
Contrary to concerns from an association of IFAs which claimed regulatory reforms in Hong Kong will cause “collateral damage”, one expert has argued these changes are “long overdue” and the industry will eventually recover.
Cyprus laws set to protect offshore homeowners from bank seizure
New laws designed to protect homes from being seized by Cypriot banks are set to be passed in Cyprus following months of delays.
HK reforms will cause “collateral damage” – IFAA
The chairman of Hong Kong’s Independent Financial Advisors Association has said the industry will suffer “collateral damage” in the first half of 2015 due to the over-ambitious time frame of regulatory reforms.
Guernsey removed from Italian tax blacklist
The Italian Ministry of Finance has taken Guernsey off its revised tax blacklist of tax havens as a result of improved standards on exchanging tax information.