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Spain

Aviva to reduce Spanish presence with €475m life unit sale

Companies | 10 May 17

Aviva to reduce Spanish presence with €475m life unit sale

Aviva will sell interests in two bancassurance agreements and a life business to Santalucia, raising €475m (£403m, $517m), as the UK insurer looks to wind down its operations in Spain.

Gibraltar planning for ‘hard Brexit’ end to EU market access

Europe | 9 May 17

Gibraltar planning for ‘hard Brexit’ end to EU market access

Gibraltar is preparing for a post-Brexit scenario where firms will no longer have access to the European Union single market, focusing instead on maintaining a preferential relationship with Britain, a top government official has revealed.

Spain targets Gibraltar’s ‘privileged’ tax haven status

Europe | 5 May 17

Spain targets Gibraltar’s ‘privileged’ tax haven status

Spain will target what it considers to be Gibraltar’s “unjustifiable privileges” on tax in Brexit negotiations, a leaked government report has revealed.

HMRC to visit top UK football clubs in tax-dodging probe

Tax & Regulation | 6 Apr 17

HMRC to visit top UK football clubs in tax-dodging probe

The UK tax office will visit all English Premier League, Championship and Scottish Premier League clubs in the next three years to review payments made to players amid a string of high-profile tax avoidance cases.

Spain bemused by UK’s ‘war talk’ in Brexit row over Gibraltar

Europe | 3 Apr 17

Spain bemused by UK’s ‘war talk’ in Brexit row over Gibraltar

Spain has accused UK government officials of “losing their cool” in a row with the European Union over the future of Gibraltar post-Brexit.

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.