🔒 UK ends non-dom tax break: Wealthy expats seek new havens
The UK has ended its non-dom tax break, compelling wealthy residents to explore alternative destinations for asset protection.
The UK has ended its non-dom tax break, compelling wealthy residents to explore alternative destinations for asset protection.
The United Arab Emirates is on track to exit the Financial Action Task Force’s “gray list” this week after a crackdown on illicit financial activities.
In the ever-evolving landscape of the oil market, the notion that “OPEC is dead” has been declared prematurely time and again.
With rhinos, lions and armed guards at the ready, Kenya’s Safaricom Marathon isn’t your typical destination race – it’s way more exhilarating. Plus: 4 other vacation-worthy marathons.
Renowned anti-Apartheid activist, Lord Peter Hain, drove a very deep nail into the Zupta coffin in the UK’s House of Lords in November.
Khulubuse Zuma, former Director of the liquidated Aurora Empowerment Systems, phoned Gideon du Plessis of Solidarity last night and argued that he never left the country.
KPMG South Africa failed to raise alarms when businesses controlled by the Gupta family diverted the equivalent of $3.3 million of public money.
Because of oversized tax contributions the super rich are a prime target for most countries. Knight Frank says they tend to migrate to places which offer “a fiscal and political safe haven”.
In Sterling terms, MediClinic shares are down 30% since August. That’s bizarre considering 92.5% of the company’s assets are outside the UK.
The emigration stats, as analysed by economist John Maynard, paint a sorry tale with the biggest drain to Mozambique and Zimbabwe.