IRS loses important test on FBAR penalty
Since 2004, the IRS has had the statutory authority in cases where a US person willfully fails to disclose balances held ...
Classic car finance service targeting wealth managers launches
Cambridge & Counties Bank is targeting wealth managers with a newly launched classic car finance service
Warning over sharp fall in hard-pressed 'non-doms' numbers
The number of non-domiciled residents in the UK has fallen sharply, a reduction associated with the increasing number of taxes and ...
Baker McKenzie announces record global revenues of $2.9 billion
Global law firm, Baker McKenzie, has announced revenues for the fiscal year ended 30 June 2018 (FY18) of $US2.9 billion
SDLT receipts fall despite higher rates
Stamp Duty Land Tax (SDLT) receipts have fallen by 13.8 percent in Q2 2018, compared with the same period in 2017, ...
RBC Wealth Management outlines trends that will 'define future investment philosophy'
RBC Wealth Management, part of Royal Bank of Canada (RBC), has highlighted nine "megatrends" which the bank believes will define investment ...
Lombard Odier to pay US tax authorities a further $5.3 milllion over undisclosed accounts
Lombard Odier has signed an addendum to its non-prosecution agreement with the US Department of Justice (DoJ). This will mean the ...
HMRC raises record amount through inheritance tax in 2017/18
Inheritance tax figures released by the the UK Government show that the UK's tax agency HMRC reaped in 2017/18 a record ...
UHY Hacker Young research shows 29 percent increase in tax collected by HMRC from HNWIs
HMRC collected an extra £1.2 billion of tax through investigations into High Net Worth Individuals (HNWIs), representing a 29 percent increase ...
Property transactions in Central London at their lowest since crash
Average house prices, excluding new builds, in Prime Central London (PCL) have fallen by 8.2 percent in the past year and ...