Tax & Regulation

North America | 26 Apr 12

Building on the existing regulatory infrastructure for overseeing Americas financial advisers would be better than introducing new legislation of the kind introduced this week by House Finance Services Committee chairman Spencer Bachus and Rep Carolyn McCarthy, a group claiming to represent nearly 75,000 US financial planners said.

North America | 26 Apr 12

US lawmakers have introduced new legislation aimed at boosting the standards of advice on offer from Americas advisory industry, following in the footsteps of the UK, Australia and Singapore.

Tax & Regulation | 25 Apr 12

Spokesmen for Aegon and Canada Life International report that they are working with their clients to accommodate those policyholders whose offshore bonds lost their tax-efficient status and have been closed to new business, in the wake of changes introduced earlier this month by the UK Budget.

North America | 23 Apr 12

Irish tax authorities are in discussions with their US counterparts over the possibility of entering into a “model agreement” for implementing Americas Foreign Account Tax Compliance Act.

Tax & Regulation | 19 Apr 12

Guernseys zero-10 corporate tax regime has been deemed harmful by the European Unions Code of Conduct Group on Business Taxation.