Europe
All French and Italian Rops dropped from UK pension list
All French and Italian schemes have been removed from the HM Revenue & Customs (HMRC) list of recognised overseas pension schemes (Rops) said to meet the conditions for accepting UK retirement pots.
Arsenal footballer’s house ‘seized’ by Spanish tax authorities
Arsenal forward Alexis Sanchez has had his luxury four-bed house seized in Spain amid an ongoing tax investigation, with the Spanish authorities claiming he owes them €3.7m (£3.12m, $3.8m) in unpaid taxes.
Italy to target non-doms with new tax regime
Italy is to introduce a remittance-style tax regime aimed at attracting non-domiciled high net worth residents, just as the UK makes its rules in this area less attractive post the Brexit vote.
Robeco expands Conservative range with multi-asset launch
Robeco has extended its UK offering with the QI Conservative Multi Asset Fund, targeting “balanced returns combined with the volatility profile of defensive portfolios”.
EU eyes tax evasion law amid ‘Football Leaks’ scandal
The European Commission is set to unveil a new law next year aimed at fighting tax evasion following media reports accusing football stars of using tax havens to hide millions of euros in earnings.