Sovereign Report – Issue 25

Content Summary

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Download a copy of Issue 25

1. European News
   • Tripartite Commission for Gibraltar reaches agreement
   • EC orders repeal of Luxembourg’s “1929” companies
   • EC demands for dividend charge
2. USA & Caribbean News
   • SEC chairman to seek emergency hedge fund rules
   • Antigua takes US to WTO over on-line gaming
   • USA ties benefits to info exchange
3. Far East News
   • South Africa imposes tax on visiting entertainers and athletes
   • China and Hong Kong agree cross-border enforcement of judgements
   • Dubai introduces Investment Trusts
4. Legal News
   • Cadbury Schweppes wins partial victory in CFC appeal
   • Agassi loses UK tax match in final set
   • UK Revenue wins offshore accounts
5. Fiscal News
   • UK Finance Act 2006 receives Royal Assent
   • Belgium clarifies Hong Kong tax treaty application
   • Manx tax regime gains approval
6. Special Report
   • OECD Global Forum on Taxation