News

Caribbean Community countries should set a high precident regarding financial secrecy

Sir Ronald Sanders, Antigua and Barbuda's Ambassador to the US, suggests unity among the Caribbean Community countries (Caricom) which have often been “unfairly” criticised for their financial secrecy reporting procedures.


Report: The 10 most competitive economies in the world

The Global Competitiveness Report 2015-2016 assesses the competitiveness of 140 world economies including the ones of the USA, Russia, UK, Singapore and Cyprus.


UK Tax Treatment of Delaware LLCs

The UK's tax treatment of limited liability companies in the US could remain mostly unchanged despite a recent Supreme Court decision in favour of taxpayers, the HMRC has confirmed.


Comparatively, Singapore has a significantly lighter tax burden

The government of Singapore imposes a much lighter tax burden on the economy compared to the majority of other developed jurisdictions.


US Trust Law: Executors given more time to manage estates

To fulfill their new obligation, executors of US estates have been given more time to report the beneficiary’s interest for each individual's property in the estate.


The Ukrainian government calls for the privatisation of the US

The press office of the Ukrainian government has reported that Mr Arseniy Yatsenyuk, the PM of Ukraine has urged American companies to participate more actively in the privatisation processes in Ukraine, especially in the power branch.


US attempts to increase online security

Private technology firms were encouraged last week to increase the amount of information shared with the US government and each other in an attempt to combat cybercrime, according to President Barack Obama during a speech at a White House cybersecurity summit. The issue has become a priority in the White House since the hacking of Sony Pictures in December last year. But some key tech firms are concerned about government surveillance.