Tax & Technical
US expats in France win tax battle against IRS
They will be refunded overpaid tax that shouldn’t have been charged in the first place
Ex-UBS employee banned by Singapore regulator
He forged documents and falsified emails on background checks to make clients look tax compliant
Canada introduces ownership register for private companies
Any ‘individual with significant control’ must be declared – but it won’t be public
Firms struggle to meet economic substance rules
With clients urged not to go ‘jurisdiction shopping’ to find the most attractive regime
FCA to focus on liquidity and platforms in light of Woodford
Andrew Bailey says lessons learned from Equity Income suspension could require rule changes