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Tax & Regulation

republican party unveils abolish fatca

North America | 4 Feb 14

republican party unveils abolish fatca

Following up on the Republican National Committee's approval last month of a resolution calling for the repeal of FATCA‚ an independent overseas Republican organisation has posted an online petition‚ to give opponents of the act a chance to tell Congress how they feel about it.

qrops industry in split over pre-age-55

Tax & Regulation | 3 Feb 14

qrops industry in split over pre-age-55

A debate is under way in the QROPS industry about whether pension fund trustees are right to permit QROP scheme members to begin taking pension benefits before the age of 55‚ if the scheme members have lived outside the UK for more than five complete tax years.

FCA fines State Street in mark-ups case

Tax & Regulation | 31 Jan 14

FCA fines State Street in mark-ups case

State Street UK has been fined £22.9m by the FCA having been found to have deliberately charged clients substantial mark-ups on transactions on top off agreed fees and commission.

guernsey signs dtas with seychelles and mauritius

Tax & Regulation | 31 Jan 14

guernsey signs dtas with seychelles and mauritius

Guernsey has signed two further Double Taxation Agreements‚ with the Seychelles and Mauritius‚ bringing the total number of DTAs it has to 10.

hmrc claims 100m victory in offshore tax evasion

Tax & Regulation | 30 Jan 14

hmrc claims 100m victory in offshore tax evasion

A “serial avoidance promoter” has lost its third attempt to appeal a decision by HM Revenue & Customs that an offshore scheme it was running avoided tax illegitimately.

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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.