The Budget notes say (page 246) that: Transfer of Assets Abroad 27. Anti-avoidance legislation designed to prevent individuals from avoiding income tax by transferring assets
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The markets cannot cover their own risk
I note that the FT has reported that: The plan for a $75bn superfund to buy assets from cash-strapped structured investment vehicles appears to be
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Trusts can be criminal activity
A promoter of offshore schemes in the USA looks very likely to go to jail. As Smartpros.com reports: David Alan Struckman, co-founder of the “Institute
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Arctic Systems – and how to move on
The Revenue have lost what has been called the Arctic Systems case in the House of Lords. This case dealt with a husband and wife
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Jersey trust compnaies are feeling neglected
I had to laugh at a report in the Jersey Evening Post on 2 July. It was reported (but not on the web) that: Jersey’s
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Jersey – trying to have it both ways
This week Jersey has tried to be all thing to all people. First it tells the US Senate how compliant its finance industry. Then it
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Why the havens can’t be trusted to set standards
The ITIO, and the Isle of Man in particular launched an attack on the money laundering and tax management standards of the world’s major economies
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You can trust a lawyer
Lawyers are probably the greatest obstacles to justice in the world. No, that’s not an exam question (although it would be a good one if
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Register trusts, or expect abuse
Nichola Ross Martin has written one of her usual articles for AccountingWEB in which the logic is very hard to follow. This one is about
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