Industry News

The England and Wales Court of Protection (EWCOP) has ruled that unidentified charities who were to benefit from a residuary gift in a statutory will must be notified when the will is changed.
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Published date
29/02/2024
The Financial Action Task Force (FATF) has published its mutual evaluation report on the British Virgin Islands' (BVI’s) anti-money laundering (AML) controls.
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Published date
29/02/2024
The Supreme Court of British Columbia has found that a missing will was either intentionally or accidentally destroyed, lost or stolen and so the testator must be presumed to have died intestate.
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Published date
27/02/2024
The England and Wales Court of Appeal (EWCA) has overturned the England and Wales High Court (EWHC) decision in August 2023 in Rea v Rea.
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Published date
26/02/2024
The Bahamas government is to introduce a 15 per cent corporate income tax on the largest multinational enterprises (MNEs), to comply with the OECD's Pillar Two tax framework.
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Published date
26/02/2024
HMRC has published a call for evidence on its enquiry and assessment powers, penalties and safeguards.
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Published date
22/02/2024
The Council of Ministers of the European Union (the EU Council) has removed the Bahamas, Belize, Seychelles and the Turks and Caicos Islands from its list of jurisdictions classed as non-cooperative for tax purposes.
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Published date
22/02/2024
A reassessment of Costa Rica's anti-money laundering (AML) legislation by the Financial Action Task Force (FATF) has re-rated the jurisdiction from non-compliant or partially compliant to compliant or largely compliant on three FATF recommendations.
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Published date
21/02/2024
Property buyers who unsuccessfully claim mixed-use relief from stamp duty land tax (SDLT) on the basis that a property is non-residential cannot go back and make a late claim for multiple dwellings relief (MDR), the Upper Tax Tribunal has confirmed.
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Published date
19/02/2024
The US government has transferred USD485,000 of forfeited Russian funds to help repair Ukraine's damaged civil infrastructure.
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Published date
19/02/2024