Download a copy of Issue 45

Please note: The download listed above is in Adobe Acrobat PDF Format. In order to view the document, you must have Adobe Acrobat Reader installed on your system. If it is not installed, then please download it.

Content Summary

  1. European News
    • UK Pension Schemes Act 2015 receives Royal Assent
    • Cyprus citizenship-by-investment scheme nets €2 billion
    • Sovereign Trust Cyprus gains Administrative Services Provider licence
    • European Parliament adopts Fourth Anti-Money Laundering Directive
    • Isle of Man progresses regulation for digital currencies
    • Swiss Federal Council adopts dispatch on automatic information exchange
    • Gibraltar consults on Personal Pension Schemes regulation
  2. USA & Caribbean News
    • St Kitts & Nevis to tighten up Citizenship-By-Investment programme
    • BVI introduces new criminal offence of failing to keep trust records
    • UK requests timetable for central registers from Overseas Territories
    • First Swiss banks settle under US Tax Programme
    • BVI looks to pursue new direction
  3. Far East News
    • New “reportable arrangement” rules for South African tax purposes
    • Dubai opens Wills and Probate Registry
    • Revised Mauritius-South Africa tax treaty finally comes into force
    • Hong Kong Budget sets out proposals to boost financial centre
    • Mauritius and Seychelles both sign Multilateral Convention
    • UAE signs FATCA agreement with US
    • DWTC converted into Free Zone
  4. Legal News
    • UK Supreme Court allows taxpayer appeal in LLC case
    • UK High Court allows widow to seek husband’s “secret assets”
    • Court of Appeal awards disinherited woman one-third of mother’s estate
    • Cayman Appeal Court sets aside Weavering decision
    • South Africa’s Constitutional Court upholds entrepreneur’s exit charge
  5. Fiscal News
    • G7 leaders reiterate commitment to automatic exchange
    • UK Summer Budget 2015: the key announcements
    • Seven new countries sign up to OECD Standard for automatic exchange
    • EU releases corporate tax reform plan and pan-EU “blacklist”
    • Swiss reject inheritance tax proposal
Contact the Author
Get in Touch

Please contact us if you have any questions or queries and your local representative will be in touch with you as soon as possible.