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Tax and Jurisdictions

Lilian Bettencourt, L’Oreal heiress and France’s richest woman, has said she will declare her overseas assets after she was caught on tape discussing apparently undisclosed holdings with an advisor.

Wealthy families around the world may appear to be facing a barrage of tax increases, but there is positive news if you look carefully, writes Selwyn Parker.

The ability to tax plan and tax mitigate is now treated almost as the divine right of the wealthy, but in our straightened times is this attitude any longer morally defensible, assuming it ever was?

With the transfer of wealth to the next generation of Asians underway and growing interest from highly-taxed western families, the region’s financial centres are rushing to court family offices, writes Paul Golden.

As established financial centres disagree on the merits of proposed European legislation, smaller jurisdictions such as Malta hope to benefit, writes Marc Smith