07/30/2014

Expats Not Exempt From UK Pension Tax

While the Budget attempts to operate under the guise of flexibility, there will be a couple of inevitable terms that could potentially make the idea of drawing the whole fund in one go a lot less appealing.

07/25/2014

Jamaica: Heat on tax dodgers

Finance Minister Peter Phillips yesterday blamed tax avoidance and evasion as major contributors to Jamaica's debt problems.

07/23/2014

BVI publishes draft FATCA Guidance Notes

In the latest moves towards implementation of the FATCA Intergovernmental agreements (IGAs) signed by the BVI with the US and the UK, the BVI Government has released draft Guidance Notes for public consultation.

07/16/2014

UK FATCA and Cayman Funds by Maples & Calder

The UK IGA provides a framework for the implementation in the Cayman Islands of a UK tax residents reporting regime ("UK FATCA") which is similar in scope to the US Foreign Account Tax Compliance Act ("US FATCA").

07/13/2014

Bruised and grumbling, foreign banks bend to U.S. rules

Financiers may grumble that the United States is acting like an imperial power in punishing foreign banks for dealings far beyond U.S. territory, but in the end they are more likely to bow to Washington than kick against its dollar muscle.