4 - It may be possible for non-UK domiciled
individuals to transfer UK property businesses tax-free into an offshore company so that the properties are retained in an offshore environment thereby mitigating capital gains tax going forward.
A second issue is what happens when a global entity wants to bring risk back into its parent company balance sheet, when it is domiciled
outside the United States.
People both resident and domiciled
in the UK are liable to taxation on their worldwide income and gains.
Where an individual is domiciled
in the UK, all their assets will fall into their estate for inheritance tax purposes.
for 213 days, but is an NRA for estate and gift tax purposes because he never intended to be permanently domiciled
in the U.
Best also produces Best's Pocket Key Rating Guide - P/C or L/H - US & Canada, which include financial profiles of thousands of insurance companies domiciled
in the U.
Market timing and time zone arbitrage are not just US phenomena - European domiciled
funds could also be at risk if they contain equities traded on exchanges which close prior to their order cut-off time or NAV calculation point.
has placed the financial strength ratings (FSR) of A+(Superior) and issuer credit ratings (ICR) of "aa-" of GeoVera Insurance Company, USF&G Specialty Insurance Company (both domiciled
in Hunt Valley, MD) and Pacific Select Property Insurance Company (Fairfield, CA) under review with negative implications.
which is domiciled
in Anguilla, British West Indies.
large value funds and received five (5) stars for the 3-year period ended 1/31/05.
LONDON -- The Bank of New York, a global leader in securities services, has been selected as hedge fund administrator by the Kallista Credit Arbitrage Fund, a Cayman domiciled
fund listed on the Irish stock exchange.
NYSE:ZNT) today announced that its California domiciled
insurance subsidiaries have received letters of inquiry from the California Department of Insurance ("California DOI") requesting information about Zenith's arrangements and dealings with its agents and brokers.