Tax & Regulation
North America | 18 Jan 13
long-awaited final fatca regulations released
The US Treasury and Internal Revenue Service last night issued the final regulations detailing how the Foreign Account Tax Compliance Act is to be implemented, ending weeks of speculation.
Tax & Regulation | 17 Jan 13
hmrc closes tax evasion scheme abusing medical
HM Revenue & Customs has successfully challenged in court a scheme which planned to exploit rules established to help medical research in order to evade tax.
Tax & Regulation | 17 Jan 13
iom tax strategy to keep zero ten status
The Isle of Man Government has decided to retain the zero-10 tax status for the international life companies as part of its taxation strategy for the next four years.
Tax & Regulation | 16 Jan 13
hmrc to add 100 inspectors to team targeting
HM Revenue & Customs is to add 100 inspectors to its 200-strong Affluent Compliance Team, a team set up in 2010 to target wealthy Britons living in the UK who may be concealing money from the Revenue.
Tax & Regulation | 14 Jan 13
pkf to brits with swiss accounts
Just because you don't have a UK tax liability owing on your Swiss bank assets does not mean you are safe to ignore the reporting requirements imposed by a new UK-Swiss tax deal that took effect on 1 Jan.