Lowtax Jurisdictions

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Stories that are tagged 'asset protection'

	San Marino Urged To Consider New Economic Model 5/11/2012 Despite a 15% decline in tax revenues in San Marino over the past two years, authorities have been able to maintain a comparatively low deficit. However, the most significant challenges relate to the stability of the nation's banking sector, which has suffered capital flight as tax transparency initiatives gain ground, a new International Monetary Fund report says.
	IoM 50C Pension Scheme Falls Foul Of New QROPS Rules 4/16/2012 The Isle of Man government has responded to the recent update to UK rules regarding Qualifying Recognised Overseas Pension Scheme, which now excludes transfers to structures under Section 50C of the Income Tax Act 1970, known as 50C pension schemes.
	Jersey Responds To QROPS Change With New Offering 4/11/2012 The Jersey government has announced the launch of a new Jersey-based pension scheme, the Recognized Pension Scheme, which provides a structure compliant with UK law following changes to UK rules regarding Qualifying Recognised Overseas Pension Schemes.
	Guernsey Wealth Management Promoted In India 3/23/2012 Guernsey's offerings as a wealth management domicile were promoted at the India Wealth Forum, held recently in Delhi and attended by Guernsey wealth management firm Nerine Group of Fiduciaries.
	Appleby Set To Launch Shanghai Office 2/28/2012 Appleby, which claims to be the world's largest provider of offshore legal and fiduciary and administration services, has announced its decision to expand its global reach by establishing a new representative office in Shanghai, China.
	Isle of Man Set To Introduce Foundations 11/18/2011 The Isle of Man's Treasury Minister Eddie Teare has welcomed the announcement of Royal Assent to new legislation that would permit the establishment of foundations in the territory, enhancing its position as a centre for international wealth management.
	Atlas Targets Asian Trust Services Market 10/18/2011 Atlas Corporate Services Group, a leading international corporate and trust service provider, has announced that it has been granted new licences to operate in the Ras-Al-Khaimah Free Trade Zone and in Mauritius, as the firm expands its global reach into Asia.
	Kleinwort Bensons Expands Offshore Reach 6/7/2011 Kleinwort Benson has announced the completion of its acquisition of Close Offshore Group, first publicized in March 2011.
	Cayman Islands In Landmark Legal Decision 5/17/2011 A Cayman Islands court has reached a ground-breaking decision assuming the power to grant asset-freezing injunctions over Cayman assets in support of certain foreign legal proceedings.
	Investors Reassured After HMRC's QROPS Attack 5/4/2011 Investors should not be deterred from investing via a Qualified Registered Overseas Pensions structure after the UK tax authority, HM Revenue and Customs, closed a tax loophole created by a new double taxation treaty with Hong Kong, according to a leading offshore pension provider.
	Stringent Guidelines Proposed For Swiss Banks 5/2/2011 At its meeting on April 20, the Swiss Federal Council adopted legislative proposals for dealing with the systemic risks posed by big banks.
	Jersey Finance Targeting Affluent Russians 4/25/2011 New quality business is ripe for the picking in Russia as growing numbers accumulate wealth, according to Jersey Finance, the government's financial services industry promotional body.
	Guernsey Consults On Foundations Law 4/15/2011 Guernsey’s Commerce and Employment Department has published a consultation document on draft legislation providing for the proposed introduction of the foundation company form in Guernsey.
	Jersey Trust Experts Examine Court Rulings 3/29/2011 There was a significant turnout at a recent Jersey conference, which focused on the precarious future of the Hastings-Bass principle, which sets out when a court may intervene in cases where a trustee acts under his or her own discretion, particularly in cases involving tax.
	Jersey Expands Presence In Key Markets 3/16/2011 Jersey’s links with India and the Gulf Cooperation Council nations will be strengthened from this month through the official launch of Jersey Finance’s representative offices in Abu Dhabi and Mumbai, and the signing of a Tax Information Exchange Agreement with India.
	Germany Steps Up Offshore Bank Probe 2/25/2011 German prosecutors have this week stepped up their investigations into Credit Suisse employees and customers, targeting those suspected of tax evasion.
	EU Targets UK Anti-Avoidance Laws 2/23/2011 Unexpected infringement proceedings launched by the European Commission may force the UK to rescind tax rules on assets transferred abroad, and its treatment of the gains of non-UK resident companies, a move that strikes at the very heart of the country's anti-avoidance legislation with regard to offshore asset protection arrangements.
	Credit Suisse Fights Canadian Court Order 11/24/2010 A court order requiring Credit Suisse to hand over 500 boxes of records to the Canadian Revenue Agency is being challenged by the banking giant.
	Switzerland And Germany Strike Tax Deal 10/29/2010 The Swiss and German finance ministers have agreed to start negotiations towards an agreement that will allow Germany to tax assets held by its residents in Swiss accounts, while Switzerland gets to retain some measure of banking secrecy.
	Jersey Foundations Attract Growing Interest 9/2/2010 Just over a year since they were launched, Jersey Foundation structures are continuing to receive a steady flow of interest, according to an offshore legal expert.
	Appleby Offers Fiduciary Services From Guernsey 7/8/2010 Following approval by the Guernsey Financial Services Commission, Appleby is now licensed to offer fiduciary services through Appleby Trust (Guernsey) Limited. This comes after the opening of a Guernsey office in April for the provision of legal services.

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