Tax & Regulation

Tax & Regulation | 3 Jun 13

The new reporting requirements set down in the draft QROPS regulations issued last month by HM Revenue & Customs will not apply to schemes that lost their QROPS status before the regulations become law, at least as currently proposed, pension industry sources report.

Tax & Regulation | 3 Jun 13

Now that the UK has its first-ever statutory definition of UK residency for tax purposes, the tax authorities have come up with a tool to help people determine their status.

Alternatives | 31 May 13

The European Securities and Markets Authority (ESMA) has approved co-operation arrangements on the supervision of alternative investment funds between EU regulators and 34 jurisdictions across the rest of the world.

Europe | 29 May 13

The Swiss government said today that it had reached agreement on proposed legislation that would enable the country’s banks to comply with requests by US authorities for information in connection with their tax evasion investigations.

Tax & Regulation | 28 May 13

A France-based partner with the Spectrum IFA Group has found what she believes is proof that the French authorities do not expect foreign personal pension schemes with France-resident beneficiaries to report to them on these schemes’ holdings, as is now being required of other types of trusts.