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16 May, 2013
It’s hard to classify what Hong Kong actually is in one neat description. It isn’t technically ‘offshore’, it’s not really a country, but it’s more than just a mere city. What is clear though is that this densely populated 400 square mile peninsula and collection of islands in south eastern China, home to more than 7 million people, certainly punches above its weight in international terms, and in this feature we explore what makes Hong Kong tick as one of the world’s major business and financial centres.
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15 May, 2013
This feature explores the various plurilateral efforts underway to achieve more standardization in the exchange of information (EoI) for tax purposes between national revenue authorities, including the European Union (EU) Savings Tax Directive, the United States Foreign Account Tax Compliance Act (FATCA) and the Organisation for Economic Cooperation and Development’s (OECD’s) lesser known tax treaty TRACE project.
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18 Apr, 2013
This feature rounds up some of the key developments around the world with regard to the taxation of retirement savings and pensions.
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16 Apr, 2013
Located in the Irish Sea between the North West of England and Northern Ireland, the Isle of Man's economy rests solidly on the provision of offshore financial services to wealthy individuals and multinational corporations in a low-tax environment. However, e-commerce, and in particular e-gaming, has quickly grown to become the second pillar of the island's economy.
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04 Apr, 2013
The island of Guernsey, one of the Channel Islands between England and France, is a self-governing British Crown dependency with a thriving offshore financial centre.
The Bailiwick of Guernsey includes the inhabited islands of Guernsey, Alderney, Sark, Herm, Jethou, Brecqou and Lihou. Guernsey itself is the second largest of the Channel Islands and is situated in the Gulf of St Malo 130 kilometres south of England and only 48 kilometres west of Normandy, France. The island has a land area of 65 sq. km.
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21 Mar, 2013
In this feature we round up key developments in the world of offshore funds, taking in some industry statistics, legislative developments in the areas of tax and regulations, and the potential impact of incoming alternative investment fund managers directive.
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06 Mar, 2013
A tropical paradise in the centre of the Indian Ocean, the Seychelles has successfully transitioned from an agricultural to a services-based economy within which tourism dominates. However, the government has actively encouraged the development of offshore financial services, and the finance industry now constitutes the ‘third pillar’ of the economy.
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06 Feb, 2013
As one of the first British dependent territories to develop tax-exempt corporate forms, Gibraltar has a long history as an offshore financial center, with the focus initially on the traditional forms of offshore business like company incorporation, banking, investment holding, shipping and trust management. The arrival of the internet however has seen the jurisdiction develop into one of the worldÂ’s foremost e-gaming and gambling company domiciles.
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24 Jan, 2013
With newly released figures showing that the Dubai International Financial Centre (DIFC) had another good year in 2012, this article looks at the advantages of establishing in the DIFC and other major free zones in Dubai, including the Jebel Ali Free Zone, and the Dubai Internet City, as well as some of the requirements that prospective free zone companies must meet to begin operating in them.
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10 Jan, 2013
The Foreign Account Tax Compliance Act, or FATCA for short, might be targeted towards US taxpayers.
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