This feed is published daily with selected new or updated
content from across the Lowtax Network. For a list of Lowtax Network
sites, many of which feature daily news, see
below.
Providing essential tax news and information
for globally mobile artists, contractors, entrepreneurs, professionals,
small businesses, sportspersons and entertainers.
Lowtax Portal:
'Low-tax' business and investment in the top 50 jurisdictions covered in
exceptional detail.
Tax News: Global
tax news, continuously updated through the day.
Investors Offshore:
The independent offshore and alternative investment guide for expatriates
and the globally aware investor.
Law & Tax
News: Daily news and background data on tax and legal developments
for international business.
Offshore-e-com:
A topical guide to offshore e-commerce focused on tax and regulation.
Lowtax Library:
One of the web's largest and most authoritative business and investment
information sources.
US Tax Network:
The resource for free online US taxation information, covering: corporate
tax, individual tax, international tax, expatriates, sales and e-commerce
tax, investment tax.
NEW! Personal
Business Tax Guide: Providing essential tax news and information
on business for contractors, entrepreneurs, professionals, small businesses,
artists, sportspersons and entertainers.
UK Crown Dependencies Review Leader Announced,
by Robert Lee, Tax-News.com, London
Friday, December 05, 2008
The United Kingdom government announced on Tuesday that Michael Foot, currently Chairman of the UK
office of Promontory Financial Group, will lead the independent review of British
offshore financial centres announced in the pre-budget report 2008.
The review
will look at the immediate and long-term challenges facing British offshore financial
centres in the current economic climate, including:
financial supervision and transparency;
taxation, in relation to financial stability, sustainability and future competitiveness;
financial crisis management and resolution arrangements;
international cooperation.
The government assured that the variety of existing constitutional arrangements
in place across these territories will continue to be respected, including their
independence in fiscal matters and the setting of their own rates of taxation.
Welcoming the launch of the review, the Financial Services Secretary, Paul
Myners, said:
"I welcome the appointment of Michael Foot who brings significant experience
in financial regulation to this task. Offshore financial centres must play a
responsible role in the global financial system. This review will take a serious
and constructive look at the challenges these centres face in the current economic
climate, and how they can best respond to these. "
The Minister for the Crown Dependencies, Lord Bach, said:
"This review is an opportunity for the Crown Dependencies to demonstrate
their strong track record in the regulation of their financial services industries.
The review will allow the Crown Dependencies to participate in an open debate
about how they can best be equipped to withstand the current difficult economic
climate without calling into question their constitutional arrangements. In
this regard, I am pleased to see that the review specifically excludes constitutional
change from its scope."
The Minister for the Overseas Territories, Gillian Merrion, said:
"I am impressed by the positive discussions I have had with the Overseas
Territories on financial services regulation recently, and hope that the review
may be helpful to those overseas territories, with significant financial services
industries, to prepare for the challenges of the future."
Michael Foot said:
"After working as a financial regulator in the UK and overseas, I have
direct experience of the achievements of the Crown Dependencies and Overseas
Territories. I am looking forward to working with them to see how best the important
contribution of their financial sectors can be underpinned and strengthened
for the future in these challenging economic times."
One of the web's largest and
most authoritative business and investment information sources. Alongside
topical, daily news on worldwide
tax developments, you can receive weekly newswires or
access up-to-date intelligence
reports on a range of legal, tax and investment subjects.
Our 16 constantly updated
intelligence reports cover every important aspect of 'offshore' and international
tax-planning in depth, including banking secrecy, the EU's savings tax
directive, offshore funds, e-commerce, offshore gaming and transfer pricing.
Reports are available for immediate downloading or as subscription
services with news pages.
Advertising & Marketing
With over 50,000 qualified readers every month our web-sites
offer a number of cost effective, targeted advertising,
sponsorship and marketing opportunities:
Display advertising - from 'skyscrapers' to 'buttons'
Content/article submission and sponsorship
Opt-in email marketing
On-line Services Directory listings
Could your corporate web-site or newsletter benefit
from incorporating regularly updated news and content
tailored to serve your clients' interests? We can provide
a variety of maintenance-free news and content solutions
that can be seamlessly integrated and dynamically delivered:
Click here for a brief introduction
to RSS and instructions on how to get the Tax-News feed.
IMPORTANT NOTICE: THE LOWTAX NETWORK has
taken reasonable care in sourcing and presenting the information contained on
this site, but accepts no responsibility for any financial or other loss or damage
that may result from its use. In particular, users of the site are advised to
take appropriate professional advice before committing themselves to involvement
in offshore jurisdictions, offshore trusts or offshore investments. All materials
on this site copyright THE LOWTAX NETWORK 1999 to 2010. Contact
us for further information.
TAX-NEWS.COM
Free Tax-News Feed