Corporate Blog

The introduction of the residence nil-rate band for inheritance tax announced by George Osbourne in July 2015 in the United Kingdom was introduced in stages from 2017 has led to a good deal of questions. Previously inheritance [...]

According to the Investment Week Fund Services Awards for three years in a row it was.  Although Investment Week Fund Services are not the only entity to recognise Jersey who has also received awards and [...]

We reported on the 20 February 2016 regarding the Indian government’s decision to reverse retrospective tax on foreign funds.  It has long been the case that some foreign companies are reluctant to invest in India due to [...]

Early last year the HM Treasury published its consultation on the potential reform of the Substantial Shareholdings Exemption (SSE).  This exempts the disposal of certain types of shares in subsidiaries from corporation tax or capital gains. The reform was considered to increase [...]

The new Alternative Banking Regime which came into effect on 1 August 2016 allows two additional types of banking licences in relation to deposit taking. The existing ‘Class 1’ in relation to deposit taking is [...]

On the 24th May 2016 Cyprus and the Government of the Republic of Latvia signed the treaty for the avoidance of double taxation on income in Brussels. Cyprus is now approaching having sixty double taxation treaties in [...]

In April 2016 the Cayman Islands released The Data Protection Bill 2016.  This bill is designed to balance the rights and duties to safeguard individual’s personal data against public authority requirements. Essentially personal data must comply with [...]

Earlier last year on the 24th March 2016 the Limited Liability Partnerships Act (‘LLP’) came into force in Gibraltar adding to an already expanding choice of products that Gibraltar has to offer. This is the third type [...]

HMRC had previously planned to retrospectively crack down on loans secured using overseas income or capital gains to purchase UK property.  However following a reversal on this many wealthy property owners will be greatly relieved. [...]

On the 1st July 2016 Bermuda introduced legislation to enable the formation of entities very similar to Delaware limited liability companies (LLCs). On the 9th June 2016 we reported on similar legislation which was published in The [...]