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United Kingdom Common Reporting Standard (CRS) Foreign Account Tax Compliance Act

Conyers

Unveiling Tax Realities: Debunking Myths about the British Virgin Islands

Conyers on

In this review of taxation and the British Virgin Islands, Conyers Corporate Counsel Nicholas Kuria discusses some of the most commonly misunderstood notions relating to the use of offshore jurisdictions, with a focus on the...more

Foley Hoag LLP

FATCA and CRS: 2016 Year End Reminders and a Look Ahead to 2017

Foley Hoag LLP on

As 2016 comes to a close, U.S. FATCA is almost fully phased-in, U.K. FATCA is being phased-out and the Common Reporting Standard (“CRS”) is nearing the first anniversary of its effective date. What began as a concept in 2010...more

Morgan Lewis

Brexit: Keep Calm and Carry On?

Morgan Lewis on

Does the United Kingdom’s vote to leave the European Union change the United Kingdom’s attractiveness as a holding company jurisdiction?...more

Foley Hoag LLP

Cayman Islands FATCA/CRS Compliance Deadlines (2016)

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Cayman Islands investment entities are currently subject to three separate regimes relating to financial account information reporting: U.S. FATCA, U.K. FATCA and the OECD Common Reporting Standard (CRS). Although these...more

Morgan Lewis

2015 Autumn Statement and Spending Review Released

Morgan Lewis on

The statement is tax light, but there is continued focus on carried interest. On 25 November, the UK Chancellor of the Exchequer George Osborne made a number of tax-related announcements in the 2015 Autumn Statement and...more

Dechert LLP

The Common Reporting Standards - New Global Tax Information Exchange Regime Begins January 2016

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The Common Reporting Standard (“CRS”) will impose new investor due diligence and reporting obligations on funds and other financial institutions based in “early adopter” participating jurisdictions, with effect from January...more

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