Spain's new ‘solidarity tax’ on wealth, announced at the end of September 2022, has now been introduced to parliament as an amendment to the non-government Bill on temporary taxes on the energy and finance industries.
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Published date
17/11/2022
Today's (17 November 2022) Autumn Statement from HM Treasury cuts the capital gains tax (CGT) annual exempt amount from GBP12,300 to GBP6,000 from April 2023, and to GBP3,000 from April 2024.
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Published date
17/11/2022
The Court of Appeal for Ontario has found that a bank did not fail in any duty to a customer when it did not advise a woman that she was no longer the beneficiary of her husband’s investment accounts.
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Published date
15/11/2022
A group of 22 jurisdictions have signed a multilateral agreement to exchange information with respect to income earned on digital platforms and 16 jurisdictions have signed an agreement supporting the OECD's model mandatory disclosure rules on Common Reporting Standard (CRS) avoidance arrangements and opaque offshore structures.
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Published date
14/11/2022
HM Treasury's Office of Financial Sanctions Implementation (OFSI) has issued a general licence permitting individuals or entities designated under the Russia sanctions regime to pay legal advice bills up to GBP500,000.
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Published date
14/11/2022
The Law Commission of England and Wales (the Law Commission) has published new proposals to reform the system for recovering the proceeds of criminal activities, aimed at giving courts more powers to enforce confiscation orders and seize offenders' assets.
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Published date
10/11/2022
New Zealand's Ministry of Justice has announced proposals to amend the country's anti-money laundering (AML) regime, in particular relaxing some of the due-diligence rules for trusts.
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Published date
10/11/2022
Argentina’s tax authority (Administración Federal de Ingresos Públicos, AFIP) has published General Resolution No. 5278/2022, further extending the suspension of mandatory disclosure requirements for domestic and international arrangements.
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Published date
09/11/2022
The Scottish Law Commission (the Commission) has proposed substantial reform of the country's law of financial provision when a relationship breaks down for a cohabiting couple in the jurisdiction.
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Published date
07/11/2022
The Isle of Man Financial Services Authority (the Authority) has decided not to go ahead with regulation of crypto-assets for the time being.
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Published date
07/11/2022