Latest News for: Offshore trust


‘Petrified’ non-doms poised to flee UK over Labour’s tax plans, say experts

AOL 13 Apr 2024
Labour responded by announcing plans go harder and to close “loopholes” in Hunt’s plan, including one that allowed those who will lose the tax-free status to still avoid paying inheritance tax on foreign assets held in offshore trusts.

Priti situations vacant: Tories plot to install Patel as PM

New Statesman 10 Apr 2024
... Ashcroft, identified in the 2017 Paradise Papers as a non-dom, and Mail and Mail on Sunday owner Jonathan Harmsworth, who inherited the newspapers through a Jersey trust and an offshore entity.

Will Rachel Reeves’ plan to take on the tax dodgers work?

New Statesman 09 Apr 2024
Labour says the Conservatives gave those non-doms a rather generous window in which to expatriate their cash into offshore trusts, and a half-price rate on the tax they do decide to pay in the first year.

Labour to close inheritance tax loophole for non-doms

AOL 08 Apr 2024
Labour will go further and stop current non-doms from being able to move their money into an offshore trust before the ban comes into place in April 2025 and avoid paying inheritance tax ... .

Trump’s Biggest Backers Threw Trump Media a Lifeline

Political Wire 06 Apr 2024
“Other early backers include two Texas billionaires, a Florida hedge fund manager, and a trust with ties to a ...

Zimbabwe Replaces Local Dollar with Gold-Backed ZiG

CoinGape 05 Apr 2024
The Reserve Bank of Zimbabwe is also holding about one tonne of gold in its vaults and has 1.5 tonnes offshore ... as a way of always creating trust and reliability in the country’s financial system.

Delaware must be better positioned to embrace offshore wind power

Delaware Online 04 Apr 2024
Storm brewing over offshore wind plan, and how state has handled it. A Denmark-based company may lease up to 1.5 acres at Fenwick Island State Park to connect an offshore wind project to the electrical grid ... Offshore wind is a powerful antidote.

Massachusetts, Rhode Island and Connecticut receive proposals for offshore wind projects

Wtop 28 Mar 2024
... Vineyard Offshore ... “Vineyard Offshore knows how to deliver offshore wind to New England, and that’s by earning the trust of the communities we work in,” Vineyard Offshore CEO Alicia Barton said.

China National Offshore Oil files patent for integrated sub for coring and sampling in oil drilling

Offshore Technology 27 Mar 2024
Brought to you by China National Offshore Oil Corp ... Smarter leaders trust GlobalData. Premium Insights China National Offshore Oil Corp - Company Profile.

Insiders still have no idea what's going to happen to Russian oligarchs' seized superyachts

Business Insider 26 Mar 2024
"Oligarchs typically structure their ownership of these high-value assets through a web of offshore shell companies and trusts that is designed to conceal the true owner," Joshua Naftalis, a former ...

Trust Fintech IPO opens on March 26: Check issue size, price band, key dates and more

Hindustan Times 25 Mar 2024
Trust Fintech IPO. The initial public offering for Trust Fintech is set to open for subscription on March 26 ... Trust Fintech IPO price band has been set in the range of ₹95 to ₹101 per equity share of face value of ₹10 each ... Trust Fintech IPO details.

[INTERVIEW] RWE eager to provide offshore wind power solution to Korea

Korea Times 24 Mar 2024
... business and offshore wind industry ... In addition to building infrastructure, the company must also cultivate trust and secure consent from local communities for every new offshore wind farm.

Labour must be prepared for the mess it will inherit

AOL 21 Mar 2024
Labour will be saddled with contractual obligations to some of the world’s greediest corporations, “providers” and “trusts” ... I trust someone in the backroom has a plan such as in 1997, when we ...

‘No evidence’ in corruption cases claims Sri Lankan president

Tamil Guardian 19 Mar 2024
Earlier reporting by the International Consortium of Investigative Journalists (ICIJ) revealed in the Pandora Papers how members of the Rajapaksa family stashed millions of dollars in anonymous offshore trusts and shell companies.

Cathay United Bank bags Best Domestic Private Bank Award

Taipei Times 18 Mar 2024
Then last year, the private bank took its services to the next level by introducing non-SIT offshore funds, the first trust-based investment vehicle in Taiwan.