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Sovereign Report – Issue 24

Content Summary

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Download a copy of Issue 24

  1. European News
    • Malta and EU reach agreement on amending tax regime
    • Gibraltar to apply EU Savings Tax Directive
    • UK Budget targets trusts
  2. USA & Caribbean News
    • Uruguay proposes to end SAFI regime
    • Bush renews US Patriot Act
    • BVI leads in IBC registrations
  3. Far East News
    • Hong Kong exempts Offshore Funds from Profits Tax
    • Singapore Budget contains new incentives
    • UAE tax treaties with Spain and Malta
    • First Dubai Hedge Fund
  4. Legal News
    • UK Appeal Court upholds decision on corporate residence
    • Dutch Court rules on company residence
    • Person held to be UK resident
  5. Fiscal News
    • Isle of Man issues guidance on new corporate tax regime
    • Russia finalises draft tax amnesty Bill
    • Spain sets out tax and anti-avoidance proposals
  6. Special Report
    • The Charitable Foundation

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Sovereign Trust (Gibraltar) Limited
Tel: +350 200 76173