French Budget targets trusts in low tax jurisdictions
An article recently added to the 2022 French budget extends the scope of anti-tax avoidance rules to certain trust situations, according to Virginie Deflassieux, director of French taxation at BDO in Guernsey. In a briefing note for BDO, she said that the National...
Indian equity and energy funds take the top spot for 2021 returns
Indian equity and energy-focused funds achieved a u-turn in their 2021 performance compared to the previous year, according to research from Fairview Investing and data from FE fundinfo, with the four worst funds of 2020 all featuring in 2021’s list of the top...
UAE ‘at risk’ of joining Malta on FATF grey list over AML concerns
According to a Bloomberg News report, the UAE is at risk of being placed on the EU’s Financial Action Task Force (FATF) ‘grey list’ of countries for their failures in the fight against money laundering and anti-money laundering. of terrorism. The UAE...
