Trusts in the United Kingdom created on or after 6 April 2010 when the Perpetuities and Accumulations Act 2009 came into force automatically have a perpetuity period of 125 years even if the trust document specifies [...]
Following objections to India’s decision to allow retrospective levy’s of minimum alternate tax (MAT) on previous year’s investment returns this has now been suspended and the government has now clarified that the tax department will [...]
The number of data breaches for financial firms has more than doubled over recent years. A number of well-known banks have faced multiple investigations with human error being fingered as the culprit. Reports from investigations [...]
In the Budget held in the UK in early July it was confirmed that estate planners may continue to use multiple trusts as a means to manage assets particularly in the event of death providing that they [...]
In a recent report by Accenture global investment in financial technology also known as fintech tripled from £2.72 billion in 2013 to £8.18 billion in 2014. This investment is more than three times the rate [...]
In 2013 the Chancellor of the Exchequer announced plans to reduce the corporation tax to 21% from 1 April 2014 and to 20% from the 1 April 2015. This reduction which has now come into [...]
One of the more exciting aspects of being an international contractor is the number of countries you get to experience living in. However it is not just problems with language gaps that you need to look out [...]
Intellectual property can be a very valuable asset, therefore it is important to choose the right location in order to protect this. Cyprus is a very competitive location when it comes to the protection of [...]
It is estimated that the number of skilled IT workers entering the UK from outside of the EU increased by 13% last year. This surge is attributed to an increasing reliance on foreign skills due [...]
International credit rating agency Standard and Poor’s have announced that Guernsey has retained its AA+ rating. Guernsey’s revenue flexibility and sizable assets combined with the government’s robust fiscal position have been cited as reasons for [...]
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