The UK’s HM Revenue & Customs has significantly expanded the scope of its register for trusts as part of what's known as the Fifth Money Laundering Directive, an element of the European Union's ongoing efforts to crack down on the laundering of money, especially across international borders. With delays in implementation, the pushed-back deadline for registration under the new rules of Sept. 1, 2022 initially seemed a long way off.

Withers, the London-based, internationally-focused law firm that specializes in cross-border tax, estate and trust issues, has added to its expertise on U.S./Canadian matters, with recent hires in its San Francisco office. 

As the list of Democratic Party candidates still in the running for this year's U.S. presidential election has narrowed within the last few days to just two, some in the American expat community have begun expressing concern over a Bernie Sanders proposal to tax "all wealthy individuals" who might seek to relinquish their U.S. citizenships once his proposed "Wealth Tax" came into force, if he were elected.

London’s historic and atmospheric Smithfield market will host the annual DJH International Tax Conference next month.

Wealthy Chinese citizens (and others) hoping to invest their way to a U.S. passport will soon need to pay more, as the price for America’s popular immigrant investment visa is set to rise later this year to $US900,000, from its current US$500,000.