hong kongs affluent optimistic for market over
The “aspiring affluent” and affluent in Hong Kong are more optimistic about the next six months than their Singaporean counterparts according to a recent survey which also found the majority plan to review their investments.
Tax & Regulation | 26 Nov 12
Landmark german swiss tax deal hits the rocks
A landmark tax deal between Germany and Switzerland has been blocked by Germany’s upper house of parliament, the Bundesrat.
not for profit pension providers recommended
Hong Kong’s Mandatory Provident Fund Schemes Authority is urging the government to consider a number of recommendations to help drive down fees and improve performance of MPF retirement schemes, even going so far as to suggest the use of not-for-profit providers.
Tax & Regulation | 26 Nov 12
hmrc sends out tax avoidance warning letters
HM Revenue & Customs is sending letters directly to 1,500 people who it believes have signed up to one particular avoidance scheme.
North America | 25 Nov 12
british government rumoured to be planning son
Britain’s overseas territories, including the Crown Dependencies, Gibraltar and the Cayman Islands, are expected to be seeking official confirmation with some urgency of a report that the UK government is planning a ‘son of FATCA’ aimed at obtaining information on all accounts held by British taxpayers.