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trusts News

HMRC Provides Trust Registration Update

by Jason Gorringe,, London

Monday, January 8, 2018

The UK tax agency, HM Revenue and Customs, has told the Association of Tax Technicians that those not yet able to use its new Trust Registration Service will not yet be penalized, having offered extra time for affected persons to register. Read Full Story


EU's Tax Info Exchange Rules In Force

by Ulrika Lomas,, Brussels

Friday, January 5, 2018

EU tax authorities have gained the right to access data collected by other states under anti-money laundering legislation, following the entry into force of new rules on January 1. Read Full Story


Australia Consults On Taxation Of Collective Investment Vehicles

by Mary Swire,, Hong Kong

Thursday, December 21, 2017

The Australian Government is consulting on a proposed new tax framework for Corporate Collective Investment Vehicles. Read Full Story


MEPs Approve PANA Committee Tax Recommendations

by Ulrika Lomas,, Brussels

Friday, December 15, 2017

Members of the European Parliament have approved the recommendations made by the European Parliament's special committee on tax avoidance and evasion, calling for open registers of beneficial owners, effective protections for whistleblowers, and new rules for intermediaries. Read Full Story


Luxembourg Announces Beneficial Ownership Register

by Ulrika Lomas,, Brussels

Friday, December 8, 2017

The Government of Luxembourg staged a press conference on December 6 to announce the outline of proposals for registries on the beneficial owners of corporate entities and trusts. Read Full Story


Dutch Government To Tighten Trust Office Rules

by Ulrika Lomas,, Brussels

Tuesday, November 21, 2017

The Government of the Netherlands intends to strengthen the regulatory regime for Dutch trust offices as part of its ongoing efforts to reduce tax avoidance and fraud. Read Full Story


Ireland Amends Employment And Investment Incentive

by Jason Gorringe,, London

Monday, November 6, 2017

The Irish Government has announced changes to the Employment and Investment Incentive, to bring it into line with EU regulations. Read Full Story


Mexico Welcomes First Tranche Of Int'l Taxpayer Data

by Glen Shapiro,, Washington

Tuesday, October 24, 2017

Mexico has received tax information from 38 jurisdictions after the completion of the first "automatic" transfers of information under the OECD's new international tax transparency standard, the Common Reporting Standard. Read Full Story


UK Tax Professionals Call For Trusts Register Delay

by Jason Gorringe,, London

Tuesday, October 17, 2017

The Association of Taxation Technicians in the UK has called for an extension to the trust register deadline. Read Full Story


Australia Announces Tax Breaks For Affordable Housing Investments

by Mary Swire,, Hong Kong

Friday, September 15, 2017

The Australian Government has announced that it will introduce a 60 percent capital gains tax discount for investors in affordable rental housing. Read Full Story



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