Tax & Regulation
Tax & Regulation | 1 Jan 13
expats in spain warned to declare offshore
Advisers with expatriate clients who are tax-resident in Spain say they are urgently reaching out to their clients to warn them that they must begin reporting to the Spanish tax authorities about any overseas assets they hold worth more than 50,000, following a recent change in the country’s tax regime.
North America | 21 Dec 12
ireland signs fatca agreement
Irish and American officials today signed an agreement whereby Ireland has pledged to collect data on accounts in Irish financial institutions held by Americans, and provide it to the US tax authorities.
Tax & Regulation | 21 Dec 12
uk commission pushes for electrified banks
The UK’s new Parliamentary Commission on Banking Standards (PCBS) today called for the Government’s draft banking reforms to include a hard hitting ‘separation power’ that would force a ring-fenced bank to split itself apart completely.
Tax & Regulation | 20 Dec 12
hmrc adopts settlement strategy on tax avoidance
HM Revenue & Customs is giving a settlement opportunity to those who invested in certain tax avoidance schemes, many of which are registered in Jersey, with the aim of contacting eligible investors by the end of January 2013.
Tax & Regulation | 17 Dec 12
isle of man signs tax agreement with argentina
The Isle of Man has signed a tax information exchange agreement (TIEA) with Argentina, which is its first such arrangement with a country in South America.