Remittance
Don’t take that road to debt trap, NRIs warned
Many expatriates from India are borrowing beyond their means to remit money back home
Tax & Regulation | 31 Aug 17
UK non-dom taxpayers add £9.3bn to gov’t coffers
Non-domiciled taxpayers in the UK contributed £9.3bn ($12bn, €10bn) in tax receipts in fiscal year 2014/15, data released by HM Revenue & Customs shows.
Italy to target non-doms with new tax regime
Italy is to introduce a remittance-style tax regime aimed at attracting non-domiciled high net worth residents, just as the UK makes its rules in this area less attractive post the Brexit vote.
Middle East | 2 Aug 16
Expats in Saudi Arabia to face cap on moving money abroad
Expats living in Saudi Arabia sending money back to their home countries could face a cap in line with their earnings as the Kingdom looks to tighten rules around personal wealth leaving the country.
Tax & Regulation | 19 Oct 15
HMRC backtracks on loan tax rule for non-doms
HM Revenue & Customs has backed out of a controversial policy to scrap concessional treatment of non-domicile loans.