Tax & Technical
Argentina passes ‘one-off’ wealth tax
To raise $3.5bn to pay the country’s covid-19 bill
US fund manager charged for defrauding retail investors
He and his company misappropriated $7m in client money via real estate investments
Advisers warned about social media risks
While UK regulator to send out third covid-19 financial resilience survey
German bank to shut accounts of US customers
As savings firm denies services to dual UK and American citizens due to Fatca
Relief as UK advisers exempt from EU cross-border tax reports
But likely equal measure of frustration for firms that had to work towards adopting the directive