News

Appeal court overturns deathbed will where beneficiary guided testator's hand

02 February 2012
The England & Wales Court of Appeal has declared that a will executed by Martin Lavin on his deathbed is invalid, because his sister - the will's sole beneficiary - guided his signing hand.

France's prosecutors cannot use stolen HSBC client data

02 February 2012
France's Supreme Court has ruled that information stolen from HSBC Private Bank's Geneva branch cannot be used in the prosecution of alleged tax evaders.

UK's family wealth sector "is worth GBP30 billion a year"

30 January 2012
The UK's family wealth sector manages more than GBP2.1 trillion in private client funds and generates as much as one per cent of gross domestic product, according to new data from market research firm Scorpio Partnership.

Widow fails in dual challenge to husband's will

30 January 2012
The England & Wales High Court has declined to overturn the will of the late Thomas Joseph Smith on grounds of mental incapacity.

Top football manager in court on tax evasion charges

26 January 2012
Harry Redknapp, now manager of leading london football club Tottenham Hotspur, is on trial this week for allegedly receiving nearly GBP200,000 of undeclared payments from his former boss at Portsmouth Football Club.

US Treasury concedes it must reciprocate on FATCA disclosures

26 January 2012
A senior US Treasury official has admitted that foreign countries will refuse to cooperate with the Foreign Account Tax Compliance Act unless US financial institutions reciprocate by providing them with information about their own taxpayers.

26 January 2012
It is with deep regret that we announce that Richard Pirie died on 13 January 2012

Russian's ex-wife has 'unfair' post-nup struck out

23 January 2012
The England & Wales High Court has overridden a post-nuptial agreement made between Russian businessman Boris Agrest and Janna Kremen, on the grounds that the agreement was 'grossly unfair' on her.

Controversy erupts over Romney's Cayman assets

23 January 2012
The US press has become greatly excited over allegations that Republican presidential hopeful Mitt Romney is avoiding tax on his substantial assets in the Cayman Islands.

Crown dependencies hit back at UK opposition party over 'tax haven' label

19 January 2012
The UK Labour Party leader Ed Miliband has come under fire from Jersey, Guernsey and the Isle of Man, after he announced the party wanted the three jurisdictions persecuted as "tax havens".

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