The Jersey government is consulting tax agents on a number of options for changing the tax rules on distributions from Jersey resident companies, including extending the rules to Jersey trustees.
City law firm RPC has said there has been a 29% rise in the number of tax investigations into internationally mobile high earners by HMRC in the last year, and that the firm ‘does not expect any let up in HMRC’s investigations of this class of high earners’.
Peter Jackson (Taylor Wessing) answers a query on the refinancing of a corporate group owning UK property assets.
Andrew Goldstone and Helen Manis (Mishcon de Reya) review the latest developments that matter in the private client arena
Andrew Goldstone and Katherine Forster (Mishcon de Reya) explain how the new rules work in practice
EU law and the amortisation of goodwill in non-resident companies
George Bull (Baker Tilly) considers the Labour Party’s manifesto commitment to repeal the non-dom regime
Andrew Levene (BKL) answers a query on the tax issues surrounding a wealthy Hong Kong businessman's investment in UK property.
The US Internal Revenue Service (IRS) has confirmed, in FAQs, that only direct reporting non-financial foreign entities (NFFEs) are required to submit nil reports for FATCA.
The Registered Pension Schemes (Provision of Information) (Amendment) Regulations, SI 2015/606, specify the information scheme administrators must provide with effect from 6 April 2015 both to the receiving scheme administrator when transferring pension funds which can be paid tax free, and to HM