03/15/2019
Mauritius: A rising jurisdiction of substance and innovation by Graham Patrick
Mauritius has one of the highest per capita incomes within the fast-growing African continent.
Regulation, Risk & Compliance
03/15/2019
Isle of Man govt proposes opening voluntary DC scheme for new starters
Minister for Policy and Reform, Chris Thomas MHK, said that there was “no silver bullet” to fix the issue.
03/15/2019
Does your offshore structure have enough substance? by Nel Schoeman and Iris Harvey
The only thing that is constant is change.
03/15/2019
Implementation of ATAD in Malta by Anjelica Camilleri de Marco
ATAD was enacted to prescribe common standards with a view to coordinating the implementation by EU Member States of the OECD’s BEPS action items, in particular by introducing principle-based rules in relation to interest limitation, controlled fore
03/15/2019
Clarifications relating to combatting money laundering and terrorist financing - Ogier
This briefing focuses particularly on the anti-money laundering and combating the financing of terrorism (AML/CFT) provisions set out in sub-chapter 5.4 of the Circular.
03/15/2019
IEA says attacks on tax havens undermine competition and privacy
It said that someone named on an overseas register will be labelled a “tax cheat” and “face the commercial and social risks attendant on that status”, exposing them “to the rule of the mob.”
03/15/2019
Making the case for Guernsey trusts and foundations in Asia – Ogier team heading to STEP Hong Kong event
The newly announced change in PRC personal tax regime, increase in the divorce rate and migration overseas have all increased this.
03/15/2019
Where The UK Fails On Anti-Money Laundering
Money laundering is a major threat in the United Kingdom, one some watchdogs say is not being taken seriously enough.
03/14/2019
European Union in discord on blacklisting
The commission said The Bahamas had “strategic deficiencies” in its anti-money laundering and counter-terrorist financing legislation.
03/14/2019
Avoiding Loan Charge Tax Is Doomed To Fail, Says HMRC
HMRC is now warning taxpayers expecting a loan charge bill that some advice firms are selling schemes offering ways to avoid paying the tax due.
03/14/2019
Bermuda Blacklisting Expected to be Temporary - Conyers Dill & Pearman
We will continue to monitor the position closely and will assist you to manage and respond to any developments as necessary.
03/14/2019
Navigating Bermuda's Economic Substance Regime
Bermuda was added to the EU’s list of non-cooperative jurisdictions for tax purposes on 12 March 2019.
03/14/2019
Jamaica -Goverment's Tax Policy is ''Worsening Inequality''
“All taxpayers deserve a break! Government must spread the benefit to all Jamaicans, not just a few.
03/14/2019
Cayman Islands Economic Substance Requirements For Certain Entities - Overview
Those who establish Cayman Islands structures do not generally do so to engage in BEPS activity; they do so because the Cayman Islands is an efficient, stable and trusted neutral hub with key expertise in handling complex transactions.
03/14/2019
Taxman gets £1bn from Lehman administrators PWC
Lehman Brothers went bust in 2008 in the world’s largest corporate bankruptcy.
03/14/2019
Ex-Minister Backs Corporate Tax Call
Speaking after the European Union (EU) yesterday confirmed The Bahamas had avoided its “blacklist” of jurisdictions deemed “uncooperative” in the fight against global tax evasion, Mr Smith said such a tax would pave the way for thi
03/14/2019
St. Kitts-PM welcomes ECCB moves to blockchain Currency
“The digital EC dollar will be distributed and used by Licensed Financial Institutions and Non-Bank Financial Institutions in the ECCU.
03/14/2019
‘Compliant’ Bermuda says it will be removed from EU blacklist by May
Mr. Burt said U.K. Treasury officials had supported that view, arguing that Bermuda had legislated to address any remaining issues identified by the EU.
03/14/2019
US citizens will need to register to visit Monaco starting in 2021
The United States has a similar system called the Electronic System for Travel Authorization, or ESTA.
03/14/2019
Private Equity Drives Growth as Jersey Funds Business Reaches New All-Time High
Within the funds industry, the statistics show particularly strong performances in the alternative asset classes, which now represent 86% of Jersey’s total funds business recorded a year-on-year increase of 23%.