- Autumn statement will attack tax avoidance, says Chancellor
- Cayman signs Model 1B FATCA implementation agreement
- SAT deberá revelar a quién perdonó el pago del Impuesto sobre la Renta
Autumn statement will attack tax avoidance, says Chancellor
The announcement was made yesterday by Chancellor of the Exchequer George Osborne, in a BBC TV interview. Essentially, the so-called 'green levies' that the Treasury government currently imposes on energy companies, and which the latter naturally add to their customers' bills, will in future be paid for out of general taxation instead.Read more
Official statistics say there are currently 26.4 million households in the UK, so Osborne's promise will require an extra tax take of about GBP1.3 billion.
Cayman signs Model 1B FATCA implementation agreement
The agreement is a 'Model 1B IGA' where information on Cayman bank accounts owned by US persons will be automatically reported to the Cayman tax authorities and thence passed to the US Internal Revenue Service. This process will be completed through separate legal channels that were set out in an updated tax information exchange agreement signed at the same time.Read more
Discussions between the Cayman Islands and the US on FATCA have spanned nearly three years, said Cayman Finance Minister Wayne Panton.
SAT deberá revelar a quién perdonó el pago del Impuesto sobre la Renta
El Servicio de Administración Tributaria (SAT), entidad encargada de aplicar la legislación fiscal en México, deberá revelar la identidad de entidades federativas, delegaciones políticas, municipios y organismos descentralizados y autónomos a los que condonó el pago del Impuesto Sobre la Renta (ISR).Read more
Offshore service provider or criminal conspirator?
John Harper revisits the Dimsey case and appeal of 2001, and considers its implications today.Read more >
Dr Jean-Philippe Chetcuti reports on Malta’s first Family Business Act.Read more >
Rose Phelps advises solicitors to take a central role in planning clients’ life insurance and coordinating the professionals involved.Read more >