International Trusts News
25 June 2010
HMRC confirm that UK beneficiaries of offshore trusts who receive excess capital payments before 23 June 2010 will, for the remainder of the 2010/11 tax year, be taxed under the "old" rules - even if the capital payment is matched with a later capital gain. For further details read on:
16 November 2009
Following several years of consultation the European Union have proposed a Regulation with the objective of simplifying the procedure where someone dies owning assets in more than one EU country.