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Offshore
 
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Government launches consultation on LLP changes 08:49 GMT
HM Revenue & Customs (HMRC) has published its consultation document on changes to LLP rules.

Will-writing quality mark to launch in July 08:50 GMT
The Law Society is pushing ahead with a will-writing quality assurance mark following a MoJ decision to reject will-writing legislation.

US FATCA deals with Russia and Luxembourg make progress 08:49 GMT
Russia will join the U.S.’ Foreign Account Tax Compliance Act (FATCA) whilst Luxembourg picks the Model 1 IGA

Swiss introduce consultation to freeze dictators' assets 08:49 GMT
The Swiss Federal Council has opened a consultation on a draft act aimed at freezing the assets of “politically exposed persons obtained by unlawful means”.

Withers and Speechly Bircham call off merger talks 09:38 GMT
Leading law firms Withers and Speechly Bircham have said that merger talks that were first announced in March this year have been called off after both firms agreed that a merger would not be advantageous for either party.

European Council vows to tackle tax evasion 08:49 GMT
Fighting tax evasion and tax fraud was one of the two main themes at a European Council meeting held in Brussels on 22 May 2013.

Increase in foreign nationals applying for 'Tier 1 investor visa' leads to growth of niche market 08:51 GMT
According to the UK Home Office, around 470 foreign nationals made a successful application to enter the UK on a ‘Tier 1 investor visa’ in 2012 – and the trend shows no sign of abating. As a condition of entry, applicants must deposit a minimum sum of £1 million, to be invested in Gilts, UK Bonds or UK Equities, and this has created an opportunity for a number of wealth management firms.

Preference for single family offices among Middle East's wealthy - report 23/05/2013
Multi family offices are struggling to compete with private banks and single family offices in the Middle East according to the latest Invesco report.

AXA Wealth International bolsters charging options for advisers 23/05/2013
AXA Wealth International has made a series of enhancements to its specialist offshore proposition to offer advisers a broader range of adviser charging options and trust features.

IRS faces awkward questions over 'tea party' scrutiny 22/05/2013
Embarrassed US tax authorities have had to admit to mistakes after they selected "Tea Party" organisations for extra investigations based on the monicker.

 
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