Client Updates

Read our latest articles, press releases, updates, newsletters and announcements. 

21 Sep 2016

Maples and Calder have carried out our latest key trends analysis of the Irish Funds market. We track non-confidential statistics on each fund / sub-fund we establish for our clients and look to extract statistical information on the characteristics of those funds and the trends that we are seeing.

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14 Sep 2016

The Cayman Islands Monetary Authority's Statement of Guidance has set a September 2016 deadline for Regulated Entities to have assessed their outsourcing risk management and have addressed any deficiencies in outsourcing policies and arrangements.

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6 Sep 2016

The Irish Minister of Finance announced on 6 September 2016 a series of highly targeted measures to amend tax rules that apply to qualifying companies within section 110 of the Irish Taxes Consolidation Act, 1997.

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2 Sep 2016

The British Virgin Islands and Cayman Islands have recently been added to an updated version of the 'whitelist' published by the Italian government by Legislative Decree 239/1996, which lists those countries that Italy recognises as having adequate cooperation and tax information exchange arrangements with the Italian authorities.

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31 Aug 2016

Owners of British Virgin Islands ("BVI") companies that hold UK residential property (together with other interested parties such as settlors of trusts) will have been following closely the changes made over the last three years to the taxation of UK residential property held by companies. On 19 August 2016 the UK Government published a consultation on further reforms to the taxation of non-domiciles, from which it is clear that from April 2017 residential property in the UK held by non-UK companies will be subject to inheritance tax. This will be a significant change to the current position, where the UK real estate of many non-domiciled investors held (or 'enveloped') through non-UK companies has been excluded from UK inheritance tax.

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