Tax & Regulation
Tax & Regulation | 15 Oct 12
hmrcs foreign expat tax take increases
The tax-take from investigations into high income foreign workers has increased by 23% over the past two years, according to figures obtained by international law firm Pinsent Masons, indicating a heightened focus by HM Revenue & Customs on the financial affairs of those working in the City.
Tax & Regulation | 15 Oct 12
singapore regulator ticks off pias
Professional Investment Advisory Services has been reprimanded by the Monetary Authority of Singapore for failing to ensure that “two of its representatives held the requisite licence under the Financial Advisers Act to carry out the financial advisory activities of advising others”.
North America | 9 Oct 12
crown dependencies to sign fatca agreements
The governments of Guernsey, Jersey and the Isle of Man have announced plans to negotiate partnership agreements with the US to implement FATCA.
Tax & Regulation | 8 Oct 12
celebs used tax breaks from shipwreck salvage
Celebrities and some of Britain’s most senior businessmen invested more than £110m into marine treasure hunts, which allowed them to avoid tax on millions of pounds, according to The Times newspaper.
Tax & Regulation | 8 Oct 12
hmrc head of tax is targeted by protesters
Protesters gatecrashed a college at the UK’s famous Oxford University where HMRC’s former head of tax Dave Hartnett was giving a speech, according to this week’s Oxford Times.