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Alderney News - Business, Taxation & Offshore

Italy Amends Country 'Black Lists'

by Ulrika Lomas,, Washington

Monday, April 6, 2015

On April 1, Italy's Minister of the Economy and Finance, Pier Carlo Padoan, signed two decrees that modify Italy's "black lists," and announced on the same day that Italy and the Vatican had signed their previously agreed tax information exchange agreement.Read Full Story

Bright Future For Guernsey With Balanced Budgets, Says FM

by Jason Gorringe,, London

Wednesday, October 15, 2014

Guernsey's Minister for Treasury and Resources, Gavin St Pier, has said the future is bright for Guernsey with the territory's Budget now on an even keel.Read Full Story

UK Tax Agent Requirement Waived For Gibraltar, IoM Gaming Firms

by Jason Gorringe,, London

Wednesday, September 10, 2014

HM Revenue and Customs has confirmed that it has reached agreements with Gibraltar and the Isle of Man to enable businesses in those territories to not appoint a tax representative in the UK. The announcement concerns businesses affected by the upcoming changes to the UK's regime for remote gaming duty, pool betting duty, or general betting duty from December 1, 2014.Read Full Story

Guernsey Striving To Slash Tax Return Backlog

by Jason Gorringe,, London

Friday, December 28, 2012

Guernsey's Income Tax Office has reported that a new initiative aimed at reducing the backlog of tax returns has been successful. Read Full Story

UK Legislates For Remote Gambling Overhaul

by Jason Gorringe,, London

Monday, December 10, 2012

The UK government has published long-anticipated draft legislation which will introduce new licensing requirements on offshore gambling operators and regulate gambling services provided to UK consumers on a point of consumption basis, rather than on the current place of supply basis. Offshore operators will also be expected to contribute to the cost of regulating gambling in the UK by paying more tax. Read Full Story

UK Pensioners Dealt Further Blow In Guernsey RATS Case

by Robin Pilgrim,, London

Tuesday, August 14, 2012

A British couple that received incomplete tax advice in relation to a transfer of pension entitlements to a Guernsey retirement annuity trust scheme have been dealt a further blow in a recent ruling from the UK's Upper Tribunal, which agreed that interest should be imposed on top of substantial income tax liable under an earlier 2010 ruling. Read Full Story

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