Tax & Trust
FT: Liechtenstein offering amnesty
Prince Max of Liechtenstein is enticing wealthy investors up and down Britain to come clean over assets hidden abroad by promoting his tax haven's "unique and attractive" amnesty.
The Switzerland of South America?
Uruguay is one of the least known but most enticing locations for high net worths and their businesses thanks to low taxes and friendly laws: Josh Spero reports from South America's best-kept secret
Gaines-Cooper case: experts' thoughts
Commentary from Saffery Champness and Withers on the Gaines-Cooper case, which made renouncing UK residency that much harder.
US Special: Off Shore, Out of Mind?
Tax havens have nowhere to hide now that America has turned on them, says Christopher Silvester
Retrench Tomorrow
As today’s aggressive Keynesianism gives way to wrenching fiscal retrenchment, says Guy Monson, the global economic recovery will be a two-speed affair
Updated: Darling's Nasty Surprise
The Pre-Budget Report's hidden measures will hurt Britain, not help it, as the Chancellor takes aim at the bonuses of all parts of the financial industry, not just banks
Pre-Budget Report Live
Live coverage of the Pre-Budget Report as it happens, plus expert analysis in the aftermath.
Reuters: Sing, Liech no longer tax havens
SINGAPORE, Nov 11 (Reuters) - Asian financial centre Singapore is set to be taken off the OECD's "grey list" of countries not implementing international standards on information exchange, giving a boost to its fast-growing wealth industry.
Eight Suggestions for the Pre-Budget Report
It has been announced today that the current Chancellor’s third Pre-Budget Report (PBR), will be unveiled on 9 December. Tim Gregory and Clare Cromwell, partners at Saffrery Champness Chartered Accountants, set out eight measures that could help assist the economy and potentially encourage a return to growth.
Delaware most opaque tax haven, Switzerland in third
A new league table identifying the world's most secretive tax havens has been published, putting Delaware, US, ahead of Luxembourg, Switzerland, the Cayman Islands and the City of London. Spear's ranked Delaware number one in its review of tax havens in June last year.
Unbillable Hours
Our specialists solve your HNW problems (gratis!)
Q
I am at the start of divorce proceedings and am concerned about the tax implications. I have heard that you might have to pay capital gains tax on the assets you get as part of the divorce settlement - is this the case?
A
It is a little-known part of the UK tax system but divorcing couples may indeed find themselves subject to capital gains tax. This can happen, for instance, if the marital home is sold as part of the divorce settlement or even in a situation where the home is given to one spouse under the settlement, with no money changing hands.
Spear's Wire



