- Consultation opens on minimum remittance basis period for UK non-doms
- Parliamentary committee calls for dilution of manorial rights
- President Obama announces plans to close tax loopholes
Consultation opens on minimum remittance basis period for UK non-doms
The UK government has published a consultation paper on whether a non-domiciled resident's claim to pay the remittance basis charge should apply for a minimum of three years.Read more
The proposal was announced in the Treasury's Autumn Statement in December, along with an increase in the annual remittance basis charge...
Parliamentary committee calls for dilution of manorial rights
The House of Commons Justice Committee is asking the Law Commission to draft a law to reform, or even abolish, manorial rights over freehold property in England and Wales.Read more
Manorial rights, which include shooting and fishing rights, were retained by lords of the manor when landed estates were sold off into freehold parcels in the early 20th century.
President Obama announces plans to close tax loopholes
Ahead of his State of the Union address later on today, President Obama has put forward plans to amend the tax code by closing “unfair loopholes that are only available to the wealthy and big corporations”.Read more
President Obama’s plans include raising the top rate of capital gains and dividend tax for high-income households to 28 percent..
All shook up
Heini Rüdisühli explains that Switzerland is looking to reform its corporate taxation system in response to growing international pressure.Read more >
Tom Glanville considers some potentially adverse consequences of lifestyle funds.Read more >
Web exclusive: Malta’s Individual Investor Program
In March 2014, the Government of Malta launched the Individual Investor Program (IIP), designed to attract investment to the Malta National Development and Social Fund by…Read more >