04/17/2019
How Can Individuals Move To Switzerland And What Will Their Basis Of Taxation Be?
Switzerland is divided into 26 cantons, each with its own basis of taxation.
Regulation, Risk & Compliance
04/16/2019
British Virgin Islands – New Substance Rules for BVI Companies and Limited Partnerships
This BVI legislation was enacted in response to requirements established by the EU Code of Conduct Group in June 2018.
04/16/2019
IDB outlines The Bahamas’ deficiencies in various sectors
The government has expressed concern over the number of road traffic fatalities in recent years.
04/15/2019
Brexit and Guernsey - What You Need to Know - Collas Crill
Very early on in the process, the States of Guernsey and the Law Officers identified the likely impact that Brexit would have on the island and the legislative and other measures that would need to be taken as a consequence of Brexit.
04/14/2019
Asos founder Quentin Griffiths accuses BDO of bungling move offshore
The extent of Griffiths’s personal wealth is not known.
04/14/2019
Woodford rocked as Guernsey suspends his unquoted stocks
The Guernsey authority's shock move is a significant setback for Woodford
04/14/2019
How Panama Papers changed South Korea
The fact people who benefited from dictatorships abuse the global system to hide their wealth in secrecy jurisdictions made me aware of the prevalent injustice in our society, hidden from our views unless exposed by journalists.
04/12/2019
Bahamas Must 'Pioneer' To Halt Financial Attrition
Arguing that The Bahamas needed to “do a better job of telling our story”, Mr Komolafe said it still “has a lot going for it” through its tax neutral platform, base of skilled financial services professionals, US proximity and life
04/12/2019
Amendments to Trusts Law passed
The amendments extend the definition of a trust corporation with regard to STAR trusts to all trusts for the purpose of discharging a retiring trustee.
04/12/2019
Government tweaks Monetary Authority Law definitions
The approved bill rectifies this by including a reference to Section 145 of the Proceeds of Crime Law in the definition of money laundering regulations in the Monetary Authority Law.
04/12/2019
End ‘Anxiety’ Over Policy Over-Reliance
We have to get to a point in our country where we stop relying on or developing policy, and put those policies into law and codify them.
04/12/2019
Asset manager fined R350 000 for promoting unapproved funds
According to the maket conduct regulator, 36ONE had co-operated in the enforcement process.
04/12/2019
Cayman amends regulator's definition of money laundering
The existing definition only referenced Section 201 of the Proceeds of Crime Law but not Section 145
04/11/2019
Hull City loses fight with taxman over Geovanni payments
Club bosses challenged the decision but a specialist judge has dismissed their appeal.
04/11/2019
China Rising in the Caribbean
The Chinese military is already in the Caribbean, in Cuba.
04/11/2019
Public contract concerns
Yet, even though the abuse at the mental health hospital has now been confirmed by the National Audit Office, no heads have rolled, either at departmental or ministerial level.
04/10/2019
Registration of vessels in the BVI
This means that the VISR can register any vessel that does not exceed 3000 gross tons.
04/10/2019
Citi Appointed Depositary Bank for Ruhnn Holding Limited’s Sponsored ADR Program
As a single-listed ADR program, the underlying Class A ordinary shares are not listed or publicly traded in Ruhnns home market.
04/10/2019
Bahamas Economic Model ‘Upside Down’
The Bahamas’ own nationals in comparison to overseas developers who enjoy access to greater and more numerous tax breaks and other concessions.
04/08/2019
Income tax evaders beware; govt to keep tabs on your social media profiles
As a part of the project, data mining and Big Data analytics will be used to catch tax evaders by accessing the information on their Facebook and Instagram accounts to identify mismatches between spending patterns and income declaration.