News
Retirement | news 31 Mar 17
Gibraltar shuns flexible access in surprise Qrops twist
Gibraltar will not drop its rule that 30% of a Qrops fund can be taken tax free despite a widespread industry view that HM Revenue & Customs requires full flexible access for all qualifying schemes.
Asset managers turn sour on Anglo-Saxon equities
With Theresa May formally triggering the start of the process that will take the UK out of the European Union, UK equity sentiment hit another record low. Return expectations for US equities also fell into negative territory.
North America | news 31 Mar 17
Canada Revenue Agency warns tax protesters after arrests
The Canada Revenue Agency (CRA) has issued a warning to residents using tax protester schemes to argue that they don’t need to pay tax after it executed three search warrants with the Royal Canadian Mounted Police.
Latin America | news 31 Mar 17
Defunct Premier Group links uncovered in Panama Papers
Wound up Isle of Man-based investment fund manager the Premier Group has links to the Panama Papers, the worldwide scandal described as the “biggest ever blow” to the offshore world.
Dutch gov’t launches international crackdown on tax evaders
The Dutch government has launched a series of raids across Europe and in Australia as part of a crackdown on suspected money launderers and tax evaders, and the bank employees who may have helped them.