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Important Information

Money fled Cyprus as president fumbled bailout
27/03/2013
In banknotes at cash machines and exceptional transfers for
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Cyprus bailout: Banks to stay closed until Thursday
26/03/2013
All Cypriot banks will remain closed until Thursday, the central bank now says, and temporary measures will be placed on transactions when they reopen despite an EU/IMF bailout deal.
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Offshore Payroll Providers Under Fire In UK Budget
25/03/2013
The Low Incomes Tax Reform Group (LITRG) has welcomed the UK Government's stated commitment to launch a consultation on new rules - for inclusion in the 2014 Finance Bill - that would ensure that offshore employment intermediaries pay the right amount of tax and national insurance contributions (NICs) in respect of employees and contractors on their books.
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UK Chancellor Delivers Pro-Business Budget
22/03/2013
UK Chancellor George Osborne has unveiled his 2013 budget, introducing tax measures that he claims puts the UK on the path to having the
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BVI Aims To Foster Stronger Ties With Dubai
20/03/2013
The British Virgin Islands' (BVI) international financial center was represented at two recent conferences and a series of high-level meetings in Dubai, attended to discuss potential financial services synergies and drum up funds and wealth management business for the Caribbean territory.
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UK signed two new DTAs
19/03/2013
Treaties include benefits for individual and corporate taxpayersOn 14 March UK signed new comprehensive Double Taxation Conventions with Norway and Spain.
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Cyprus May Accept 12.5% Corporation Tax, Says Presidential Advisor
14/03/2013
The head of Cyprus's new Economic Policy Council has indicated that Cyprus would accept a rise in corporation tax from 10% to 12.5% as part of a bailout deal, as long as it did not rise further for at least a decade.
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Bahamas Look To Diversify Financial Services Offering
12/03/2013
The Bahamian Minister of Financial Services Ryan Pinder has said the Government is committed to launching new financial services products to enable the islands to aggressively compete for new business.
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Hong Kong-Mexico Double Tax Pact In Force
11/03/2013
The Convention for the Avoidance of Double Taxation between Hong Kong and Mexico, signed on June 18, 2012, entered into force on March 7, 2013, following the completion of both territories' domestic ratification procedures.
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Gibraltar Seeks Funds Business With First Guidebook
07/03/2013
The Gibraltar Funds and Investments Association (GFIA) has released the territory's first-ever guidebook to assist funds and fund managers considering establishing operations in Gibraltar.
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