Sentences with phrase «in offshore assets»

Yet the report said Singapore could overtake Switzerland in offshore assets under management by 2020.

For instance, since President Mauricio Macri introduced a tax - amnesty deal to encourage those Argentines holding an estimated total of $ 500 billion in offshore assets to declare their funds, banks have been instrumental in facilitating their recovery.

Not exact matches

Although it's not illegal to have an offshore holding company or assets that are held in foreign accounts, most countries require politicians and other public figures to declare their holdings.

Cameron Sr. was one of thousands of people named in the «Panama Papers» leak last week, that documented in exhaustive detail how a Panamanian law firm, Mossack Fonseca, had helped wealthy people around the world move their assets offshore.

OFFSHORE investors are targeting the assets of distressed property investment funds, while listed developers have restructured their debt and are ready to chase bargains in Perth's residential development land market, new research shows.

In addition, foreign profits invested in non-cash assets offshore would be taxed at the rate of 7 In addition, foreign profits invested in non-cash assets offshore would be taxed at the rate of 7 in non-cash assets offshore would be taxed at the rate of 7 %.

This net position in turn consisted of foreign currency asset holdings equivalent to about 20 per cent of GDP, with more than three - quarters of this in the form of equity investment (including direct investment by multinational companies in their offshore operations).

On February 4, a PBoC - linked publication revealed that the country would use its «great firewall» to prevent citizens from accessing offshore digital asset exchanges and investing in foreign ICOs.

The IRS warns that it remains focused on schemes to dodge taxes by hiding assets in offshore accounts.

A fair amoiunt of the increase in offshore USD denominated assets, might very well be MNC's profits not re-shored, and off course HNW seeking yield, deferring taxation.

Australian non-government entities issued a record $ 44 billion of bonds in the March quarter, with financial institutions and asset - backed vehicles both issuing large amounts, particularly in offshore markets (Table 14).

The decline reflected a moderation in asset - backed issuance, which is largely in the form of AAA - rated mortgage - backed securities, and a pick - up in A-rated issuance into offshore markets.

Asset - backed vehicles issued $ 17 billion, double their issuance in the June quarter and split fairly evenly between the domestic and offshore markets.

Appleby clients have transferred trademarks, patent rights and other valuable assets into offshore shell companies, avoiding billions of dollars in taxes.

According to CBRE, Australia's commercial real estate remains an attractive asset class for offshore capital, with foreign investors accounting for 33 % of all transaction activity in the first half of 2017.

The report concludes that the so - called «King of the High Street» failed to invest sufficiently in stores, cut costs, sold assets and paid substantial dividends offshore to the ultimate benefit of his wife.

They have resulted in the so - called Panama Papers: a series of reports exposing politicians, celebrities and some criminals who used Mossack Fonseca's services to stash assets in offshore companies.

Uboh also alleged that the EFCC had not accounted for «offshore recoveries» and that «over half of the assets seized from suspects are not reflected in EFCC exhibit records».

Cuomo said New York «will do everything in our power to prevent environmental disasters and will continue to safeguard our offshore assets and bolster our efforts to support renewable energy development.»

In addition, a new «asset - based» penalty is being introduced (Sch 22 FA 2016) for the most serious cases of evasion with an offshore connection.

New York will do everything in our power to prevent environmental disasters and will continue to safeguard our offshore assets and bolster our efforts to support renewable energy development.»

Add in the significant environmental benefits of offshore wind, especially in light of the new carbon regulations from power plants, and offshore wind may prove to be an extremely valuable asset for our state.

North America, on the other hand, continues to have no offshore wind assets in operation, despite huge potential.

In fact, offshore wind energy costs have fallen so dramatically, simultaneous with improving technology, that even coal - heavy Poland has announced it will begin developing wind assets.

So this story — reported by Cleantechnica — is about perfectly designed to make my little TreeHugging heart sing: Norwegian oil and energy giant Statoil has spent the end of 2016 selling off its assets in Canadian tar sands, and securing rights to develop a gigantic offshore wind farm off the coast of New York State.

In the landmark Charman v Charman divorce ruling, the English Court of Appeal ruled last year that assets in offshore trusts created by one spouse may be included in the «matrimonial pot» of assets that an English court in a divorce case should «fairly» dividIn the landmark Charman v Charman divorce ruling, the English Court of Appeal ruled last year that assets in offshore trusts created by one spouse may be included in the «matrimonial pot» of assets that an English court in a divorce case should «fairly» dividin offshore trusts created by one spouse may be included in the «matrimonial pot» of assets that an English court in a divorce case should «fairly» dividin the «matrimonial pot» of assets that an English court in a divorce case should «fairly» dividin a divorce case should «fairly» divide.

Representing a European utility in a Commercial Court dispute with a former joint operating partners in relation to the provision of decommissioning security for an offshore asset in the North Sea.

He has 12 years» experience of major commercial litigation in such diverse areas as bribery and corruption of senior executives and misappropriation of corporate assets (including the 24 - week Fiona Trust trial), international arbitration (typically LCIA, ICC, LMAA and UNCITRAL and frequently for or against states or state - owned companies), proceedings in the Commercial Court under the Arbitration Act 1996, banking litigation, offshore engineering, shipping and insurance.

The Firm's practice includes: (i) formation of domestic and offshore investment vehicles of all types, including venture capital funds, and a sub-specialty in real estate opportunity funds, (ii) taxation of investment partnerships and other investment vehicles, and (iii) securities and corporate governance matters relating to portfolio companies (private and public) or real estate assets of the funds.

In couple disputes, what are the challenges of tracking assets that are held internationally — in an offshore trust for examplIn couple disputes, what are the challenges of tracking assets that are held internationally — in an offshore trust for examplin an offshore trust for example?

In order to bring these funds back in to Canada safely, you will need to properly disclose offshore income and assets to the Canada Revenue Agency or you could face stiff penalties, interest and in some cases even criminal prosecutioIn order to bring these funds back in to Canada safely, you will need to properly disclose offshore income and assets to the Canada Revenue Agency or you could face stiff penalties, interest and in some cases even criminal prosecutioin to Canada safely, you will need to properly disclose offshore income and assets to the Canada Revenue Agency or you could face stiff penalties, interest and in some cases even criminal prosecutioin some cases even criminal prosecution.

What this all means for Canadian taxpayers is that countries around the world are beginning to take note of the success that anti-tax evasion legislation is having, and both the tax authorities and major banks are starting to increase transparency in an effort to prevent taxpayers from hiding offshore assets through jurisdictions that are were traditionally known for their secrecy.

It doesn't take an offshore account for one spouse to hide assets from the other, so it's not an uncommon occurrence in divorce cases.

For example, there is no point in advising a client to move his assets into an offshore trust if that will destroy a relationship with his soon - to - be ex or drive an inappropriate wedge between him and other members of his family.

A breach of trust claim against former trustees of an offshore trust being brought in an offshore jurisdiction, relating to the mismanagement of trust assets.

It is necessary to be a good business lawyer, first of all, with vast knowledge on financial and banking law, in order to understand the transactions, transfers of money funds, to know the manner of functioning of various assets registers, such as: cadastral, yacht, company registers, as well as offshore accounts and business structures and systems.

Alexander Grant Qualified: 2004 Made partner: 2015 Key cases: Currently advising on the London Array, the world's largest operating offshore wind farm — advising on project implementation, delivery and dispute resolution on all package contracts since 2011, including claims advice during the construction phase and following transfer of transmission assets to an OFTO, re-negotiation of two contract packages and providing defect - related advice in relation to potential claims against contractors.

The court followed Marley v Rawlings and decided that in all the circumstances the testator clearly intended those assets to go to the charity and adopted a wider interpretation of «UK» to include the offshore accounts.

Charles Thomson Qualified: 2004 Made partner: 2014 Key cases: Acted in the Grupo Torras case for the past decade, assisting the Kuwaiti government to obtain and enforce judgments around the world and to successfully restrain and recover assets that were stolen through a sophisticated series of frauds and concealed in offshore trust structures and other asset protection vehicles.

We have significant expertise in complex offshore corporate and trust entities, high value family or business assets, the tax consequences of divorce or separation and pension issues.

We have developed a specific expertise in complex financial cases particularly those involving businesses, offshore assets, pensions and jurisdictional issues.

Nathan Pillow is a «much - praised» and «highly respected» commercial practitioner, who specialises in advocacy in commercial / chancery disputes, usually involving both domestic and offshore (or other international) elements, with a particular focus on civil fraud, asset - tracing and international banking and finance.

CRA will be using EFT details to more effectively identify Canadian taxpayers who participate in aggressive tax avoidance and those who attempt to conceal income and assets offshore and evade their Canadian tax reporting requirements.

In some cases, it is appropriate to move assets offshore so they are even more difficult for a claimant to attach.

Advising trustees of offshore trusts on the structuring and ownership of UK situs assets and in disputes over such assets

In August 2012 he assisted Hanson Renouf in a discovery exercise in a complex and high - value tracing claim by a divorcing wife against a Jersey trust, holding shares of companies in several offshore jurisdictions, that was alleged to have been settled by the husband out of assets subject to community of property lawIn August 2012 he assisted Hanson Renouf in a discovery exercise in a complex and high - value tracing claim by a divorcing wife against a Jersey trust, holding shares of companies in several offshore jurisdictions, that was alleged to have been settled by the husband out of assets subject to community of property lawin a discovery exercise in a complex and high - value tracing claim by a divorcing wife against a Jersey trust, holding shares of companies in several offshore jurisdictions, that was alleged to have been settled by the husband out of assets subject to community of property lawin a complex and high - value tracing claim by a divorcing wife against a Jersey trust, holding shares of companies in several offshore jurisdictions, that was alleged to have been settled by the husband out of assets subject to community of property lawin several offshore jurisdictions, that was alleged to have been settled by the husband out of assets subject to community of property laws.

However, commentators in that country have suggested that its citizens are far more likely to make use of offshore entities in Crown Dependencies such as the Channel Islands for the purposes of sheltering assets.

For RND settlors who retain an interest in a trust, ie where the settlor and / or a family member can benefit from the trust, there will, as predicted, be a UK CGT liability on gains realised by non resident trustees on UK situs assets on an arising basis and on offshore gains remitted to the UK.

The identification and valuation of these assets, which can be held in both domestic and offshore vehicles such as trusts, limited liability entities and the like, can trigger significant discovery disputes and involve multiple valuation experts (and the related review of valuation reports), lengthy depositions and the related forensic accounting and valuation of both funds and underlying portfolio companies.

Leading offshore law firm Appleby acted as Bermuda and BVI counsels to China Orient Asset Management (International) Holding Limited (COAMI) in relation to a HK$ 560 million term loan facility granted by Ample Mark Enterprises Ltd. (Ample Mark), a wholly - owned subsidiary of COAMI, to Skyfame Realty (Holdings) Limited (Skyfame).