IO Special Features
It is now almost five years since that fateful day in September 2008 when Lehman Brothers filed for bankruptcy, triggering the worst financial crisis since the Great Depression and sending r... Read
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This feature focuses on the Caribbean island of Barbados. More famous for its beaches and as a destination for millions of tourists than as a location for offshore business, Barbados has non... Read
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The financing of films and television series is a risky business. With production costs having soared over the last few years, movies these days can be extremely expensive to make. And yet,... Read
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Ask most people around the world their thoughts on Panama and you would probably be met with the same one word reply: canal. However, after a small amount of further investigation you would ... Read
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In the common imagination there are a lot of myths surrounding the venture capital industry. Probably the biggest mistake people make is to confuse venture capital with private equity, and t... Read
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IO Daily News 
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| Friday 24/5/2013
IO News: UK Fund Managers Welcome Tax Reform
The UK's Investment Management Association has welcomed HM Treasury's decision
to remove the requirement for fund managers to withhold tax on rebates paid to
overseas investors.
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24/5 Switzerland Publishes 2012 Flat Tax Figures Switzerland's Conference of Cantonal Finance Directors has published
details of the latest figures from the Swiss cantons, pertaining to the controversial
flat tax regime currently benefiting wealthy foreigners in the Confederation.
24/5 France's Cazeneuve Justifies 'Confiscatory' Tax Levels French Budget Minister Bernard Cazeneuve has defended the fact that around 8,000
households in France paid over 100 percent of their income in tax last year.
24/5 India Explains Withholding Tax Rationalization Plans Changes to the Indian withholding tax regime will encourage greater foreign investment in the country's debt securities and aid the development of the debt market, the Finance Ministry has claimed.
24/5 Swiss Bankers Favor Automatic Information Exchange President of the Swiss Private Bankers Association Nicolas Pictet has urged
the Federal Council to abandon its "white money" strategy, and to opt instead
for an automatic information exchange regime, in particular with the European Union.
24/5 Saint Lucia Budget Lowers Taxes The Government of Saint Lucia has announced a number of tax concessions in its
2013 Budget, to support the construction industry and boost the territory's attractiveness
for doing business.
24/5 Grenada Adapts VAT Regime The Government of Grenada has announced, in its Budget for 2013-14, comprehensive
changes to the island's VAT regime, and proposals to introduce a Citizenship by
Investment Program.
24/5 Jersey, Guernsey Reply To Cameron Over Tax Info Exchange The Chief Ministers of both Jersey and Guernsey have replied to Prime Minister
David Cameron's recent letter to the heads of government of all the Crown
Dependencies and Overseas Territories, pressing them to work in partnership with
the United Kingdom in taking the lead on tax information exchange initiatives.
23/5 New Zealand Urged To Consider Savings Tax Perks The International Monetary Fund has recommended that authorities in New Zealand
proceed with an overhaul of the tax treatment of savings, to encourage taxpayers to save wealth in vehicles other than property.
24/5 Swiss Cantons Reject 'Flawed' Inheritance Tax Initiative Switzerland's Conference of Cantonal Finance Directors has vehemently
rejected the people's initiative, calling for a reform of inheritance tax,
to finance the country's social security and pension fund.
24/5 European Council Agrees To Anti-Evasion Initiatives The European Union should channel the political momentum for a tougher stance on tax evasion, Council President Herman Van Rompuy has said.
23/5 MEPs Advise Member States On Anti-Evasion Work European Union member states should agree to measures designed to crack down on so-called "tax havens," combat aggressive tax planning, and close avoidance loopholes, lawmakers have said.
23/5 Switzerland, US On Brink Of Banking Secrecy Deal Swiss Finance Minister Eveline Widmer-Schlumpf has confirmed that the Confederation
is close to brokering a deal with the US, aimed at resolving the longstanding
tax dispute between the two countries, and finding an "acceptable"
solution to deal with the issue of US taxpayers' undeclared income already held in Swiss
banks.
23/5 France Eyes Reactivation Of Tax Regularization Unit The French Government is currently considering the idea of reactivating the special
tax "regularization unit," to detect hitherto undeclared accounts held by French residents abroad, and to generate much-needed fiscal revenue for
the state.
22/5 OECD Tax Forum Unites On Tough Compliance Stance Following the latest OECD Forum on Tax Administration in Moscow, the heads of tax
administrations from 45 economies underlined their commitment to coordinated
action to improve the effectiveness of their tax administrations, and to tackle
international tax fraud, tax evasion and aggressive tax planning.
22/5 US Again Leads Global Fund Investor Experience Ranking Morningstar, Inc. has released its 2013 Global Fund Investor Experience report, which evaluates investor-friendly practices in fund markets across North
America, Europe, Asia and Africa, and in which the United States is again assessed
as the best market for fund investors based on criteria such as investor protection,
transparency, fees, taxation and investment distribution.
22/5 Luxembourg May Take Legal Action Over FTT The Luxembourg Finance Ministry has recently issued a statement clarifying
the Grand Duchy's position on the planned introduction of a financial
transactions tax in 11 European Union member states, within the framework
of enhanced cooperation.
22/5 NZ Legislates For Foreign Super, Mining Tax Changes The New Zealand Government has introduced legislation that will simplify the taxation of foreign superannuation funds and reform the tax treatment of certain metals.
22/5 Isle Of Man, Argentina TIEA Enters Into Force The Isle of Man Finance Ministry has recently confirmed that the Tax Information
Exchange Agreement concluded with Argentina has now entered into force.
21/5 IMF Recommends Changes To San Marino's Tax Plans The International Monetary Fund has welcomed San Marino's steps to dismantle tax and bank secrecy, but warned that proposed tax reforms may need to be rethought in future.
21/5 Financial Services 'Flight To Quality' Favors Jersey Jersey's wealth management industry has benefited from the recent "flight to
quality" in the financial services realm by investors and advisers, Jersey
Finance - the island's financial services promotional agency, told attendees at
its London Private Client Conference on May 15, 2013.
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| Your Views |
| Online Gaming Processing / Merchant Account |
I am looking for Banks / Merchant Broker or Payment Gateways for processing funds resulting from Gambling Websites.
I have several Online Gambling Companies who are constantly looking for new partners who can process funds from their large turnovers in the Gaming Industry.
Since large banks, eg Barclays, Deutsche Bank, Santander or UBS step back from processing Gambling related funds because of several reasons ( bad reputation, fraud protection and money laundry ) the need for "open minded" banks or payment gateways is enormous.
The procedure is easy and difficult at the same time: gambling sites need processing of their client payments which are done by visa / mastercard or amex.
Anybody has an idea or can help me?
Thanks in advance,
TomTom |
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| brian urlacher nike jersey occartese |
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occartese |
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| lookinf for investors - Hollywood films |
A film company created by experienced Hollywood filmmakers who have over 85 cumulative years of crafting successful, award winning films with an aggregate U. S. Gross of more than $5.5 billion.
The Company will not settle for mediocrity, but still remains cost conscious.
Investors are the Company’s top priority and Management is focused on minimizing risk of capital loss, while creating high quality commercial films that are well-positioned to compete at the box office. The ultimate goal is to repay the investors’ initial investment plus a significant profit.
contact: extrastout@hotmail.esPatricia |
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