Tax
May 18, 2014
Overseas pensions bring light to the dark of FATCA for American expats premium
The results of a recent poll of deVere Group’s American expat clients have shown that over 75 per cent of thosewho have an overseas pension contract are “satisfied”they will no longer relinquish their U.S. citizenship to mitigate the adverse effects of Foreign Account TaxCompliance Act (FATCA).   The results of a recent poll of deVere Group’s American expat clients have shown that over 75 per cent of thosewho have an overseas pension contract Read More
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Tax
May 1, 2014
EU rejects UK’s challenge on Financial Transaction Tax premium
The European Court of Justice has rejected the United Kingdom’s opposition to the Financial Transaction Tax (FTT), claiming the final details of the tax are not yet complete, and the UK’s challenge is merely ‘premature’. Also known as the ‘Robin Hood’ or Tobin Tax, following its introduction by American economist James Tobin back in 1972, the aim of this highly controversial tax is to raise public funds by taxing shares, currencies and bonds’ transactions. The Read More
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