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New On The Network Today
This feed is published daily with selected new or updated
content from across our network. For a list of network sites, many of
which feature daily news, see below. |
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| 02/09 New
Lowtax Editor Column, by Kitty Miv |
| 01/09 International
Privacy and Security, Investors Offshore special feature |
| 31/08
Lowtax Belize, annual update |
| 27/08
IRS To Drop UBS Lawsuit, Tax-News.com |
| 26/08 New
Lowtax Editor Column, by Kitty Miv |
| 25/08 New
PBTG Editor Column, Caroline, PBTG editor |
| 24/08
Uruguay Stays On OECD Grey List, Tax-News.com |
| 23/08 Don't
Forget Doha, And I Don't Mean The Tennis, Jeremy Hetherington-Gore
blog entry |
| 20/08
Ireland Plans Social Security Overhaul, Tax-News.com |
| 19/08 New
Lowtax Editor Column, by Kitty Miv |
| 18/08 New
PBTG Editor Column, Caroline, PBTG editor |
| 17/06
Lowtax Cayman Islands, annual update |
| 16/08
Germany's Fiscal Court Seeks Property Tax Reform, Tax-News.com |
| 13/08 Jurisdiction
Special Focus: Antigua and Barbuda, Investors Offshore special feature |
| 12/08 New
Lowtax Editor Column, by Kitty Miv |
| 11/08 New
PBTG Editor Column, Caroline, PBTG editor |
| 10/08 Brazil
Cuts Import Tariffs, Tax-News.com |
| 09/08 Ukraine
Tax Code Published, Tax-News.com |
| 06/08
France Plans Reform Of Property Tax Credit, Tax-News.com |
| 04/08 New
PBTG Editor Column, Caroline, PBTG editor |
| 02/08 Islamic
Finance - The New Mainstream Alternative, Investors Offshore special
feature |
| 28/07 New
PBTG Editor Column, Caroline, PBTG editor |
| 27/07 UK
Launches Raft Of Tax Consultations, Tax-News.com |
| 26/07 Fat
Tax On The Menu , Jeremy Hetherington-Gore blog entry |
| 23/07 Sarkozy
Seeks 'Fiscal Convergence' With Germany, Tax-News.com |
| 20/07 Singapore
Base For Tuvalu OIFC, Tax-News.com |
| 15/07 St
Vincent & The Grenadines, Investors Offshore special feature |
13/07 Tax-
News.com Jersey Review 2010-2011 |
| 12/07 Goodbye
To All That, Jeremy Hetherington-Gore blog entry |
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06/07 Hong
Kong Full PBTG Guide, added to Personal Business Tax Guide |
| 28/06
Lowtax Dubai, annual update |
| 18/06 Singapore
- Another Hong Kong?, Investors Offshore special feature |
| 15/06 Swiss
Parliament Approves UBS Agreement, Tax-News.com |
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08/06 Dubai
Full PBTG Guide, added to Personal Business Tax Guide |
| 04/06
Lowtax Panama, annual update |
| 01/06
Lowtax Luxembourg, annual update |
| 03/03
Personal Business
Tax Guide, PBTG, has launched! |
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| Providing essential tax news and information for globally
mobile artists, contractors, entrepreneurs, professionals, small businesses,
sportspersons and entertainers. |
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| Lowtax Network Sites |
| Lowtax Network Portal:
'Low-tax' business and investment in the top 50 jurisdictions covered in
exceptional detail. |
| Tax News: Global
tax news, continuously updated through the day. |
| Investors Offshore:
The independent offshore and alternative investment guide for expatriates
and the globally aware investor. Sponsored by HSBC
Bank International. |
| Law & Tax
News: Daily news and background data on tax and legal developments
for international business. |
| Offshore-e-com:
A topical guide to offshore e-commerce focused on tax and regulation. |
| Lowtax Library:
One of the web's largest and most authoritative business and investment
information sources. |
| US Tax Network:
The resource for free online US taxation information, covering: corporate
tax, individual tax, international tax, expatriates, sales and e-commerce
tax, investment tax. |
| NEW! Personal
Business Tax Guide: Providing essential tax news and information
on business for contractors, entrepreneurs, professionals, small businesses,
artists, sportspersons and entertainers. |
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| Nevis Ready To Become Major Player In Financial Services |
by Phillip Morton, Investors Offshore.com
Tuesday, February 09, 2010
At the Nevis Financial Services Regulation and Supervision Department conference
“Compliance Requirements – The Changing Landscape”, which
received a record attendance from the island’s financial services providers,
Nevis’s Finance Minister Laurie Lawrence reiterated the government’s
commitment to establishing the territory as a major international player in
the world of financial services.
“I want to assure service providers that the government will not give
up in its quest to make Nevis a major player in the financial services industry.
We believe that here is still potential for growth in the sector although success
will require creativity and imagination.”.
Lawrence observed opportunities for tax planning providers as a result of developed
countries’ efforts to reign in their budget deficits through tax hikes.
He also pointed to the global shift in wealth, from Europe and North America,
to Asia and South America, which he observed would open up new markets, but
in turn increase competitiveness.
“With the growth in technology, service providers will no longer focus
on any one or two jurisdictions. They will spread their wings across the globe.
Centres will continue to increase resulting in greater competition for the available
opportunities. The more competitive it becomes the harder it is and the best
jurisdictions will do well,” he said.
With this in mind, Lawrence said the Nevis Island Administration (NIA) would continue
to amend the island’s legislation to meet the needs of its customers
but would not sacrifice quality.
“We will continue to adhere to global regulatory and transparency standards,
and also aggressively pursue new markets. We are already working with the federal
government to appoint honorary consuls in strategic areas across the globe to
facilitate the processing of documents. We are also exploring the possibility
of contracting out the Registry to a private entity that could upgrade the technology
and make our service more competitive, in terms of speed and efficiency.”
“We are studying potential growth in areas such as insurance, intellectual
property and ship registration to seek out opportunities. These are just some
of the areas we are working on presently, to ensure the sustainability of this
important sector. So we are not giving up, we are not going to throw in the
towel so we are going to have to work harder,” he said.
Lawrence acknowledged that the NIA could not do it alone, and called for continued cooperation with service providers on the island,
to promote and develop the sector. He told the participants that they had the
direct experience and as such, the Administration would continue to solicit
their views and advice as they forged ahead.
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