The New Zealand Inland Revenue Department (Inland Revenue) has issued a paper setting out its proposed minimum requirements for the financial statements that trustees of domestic trusts will have to prepare starting in the 2021/22 tax year, along with extra information in their income tax returns.
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Published date
18/10/2021
The England and Wales Court of Appeal (EWCA) has confirmed an England and Wales High Court ruling that a maintenance-based award under the Inheritance (Provision for Family & Dependants) Act 1975 (1975 Act) can include a contribution towards the claimant's liability for a conditional fee agreement (CFA) success fee.
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Published date
18/10/2021
Ireland's Budget 2022, published on 12 October, confirms that it will apply the new OECD-mandated 15 per cent global minimum effective corporation tax rate when it comes into effect, perhaps as early as 2023.
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Published date
14/10/2021
Consultation has now closed on the Ministry of Justice's proposals to modify the process of creating and registering lasting powers of attorney (LPAs) in England and Wales, with both STEP and the Law Society of England and Wales (the Law Society) warning against any attempt to ‘water down’ the protections currently in place for LPAs.
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Published date
14/10/2021
A follow-up report by the global Financial Action Task Force (FATF) has re-rated Canada's level of compliance with FATF's anti-money laundering (AML) recommendations.
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Published date
12/10/2021
HMRC has updated its guide to assessing anti-money laundering (AML) risks for trust and company service providers (TCSPs).
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Published date
11/10/2021
Next month, French succession law will be amended to allow EU-resident heirs of a deceased French person to enforce their heirship rights by claiming against any estate assets located in France.
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Published date
11/10/2021
A judgment by the UK Privy Council has restored the so-called Black Swan jurisdiction that allows litigants in the British Virgin Islands (BVI) to apply for free-standing freezing injunctions in support of foreign proceedings.
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Published date
07/10/2021
The England and Wales Court of Protection (EWCOP) case of Re BU (2021 EWCOP 54) has raised questions about the concept of coercive control and how it affects a person's capacity for making life decisions.
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Published date
07/10/2021
The President of the Republic of Chile has sent proposals to the Chamber of Deputies to reduce or eliminate certain tax exemptions, in a move to create additional financial resources to strengthen the country’s pensions system.
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Published date
06/10/2021