- Managers of Wealth - Legal - Wealth, private banking and asset management news and opinion

Brazil's oil industry weighs fresh legal challenge to export tax

According to the sources, extending the tax through an administrative act gave it a regulatory character and weakened the government’s argument

Herbert Smith Freehills Kramer advises Aware Super on tax aspects of its acquisition of Moorabbin Airport

Melbourne’s Moorabbin Airport is one of the busiest general aviation airports in the country, supporting flight training, charter and maintenance operations.

Guernsey corporate tax reform 2026: key proposals, impacts and strategic insights for Guernsey's international financial sector

Guernsey Registry currently collects fees on an annual basis from companies registered in Guernsey.

Firms should take practical measures in line with HMRC proposed customs revamp

The proposals broadly align with HMRC’s wider objective of encouraging taxpayers to ‘get it right first time’ and engage proactively where issues arise.

Andy Burnham's Property Tax Reform: What High Net Worth Individuals Need to Know

His long-standing commitment to overhauling property and land taxation could have material consequences for those at the upper end of the market.

UK consults on VAT rule changes for online marketplaces

Those reforms helped clamp down on widespread avoidance of VAT by overseas sellers selling to consumers in the UK.

Travers Smith wins at The Drawdown Awards 2026

The Drawdown Awards 2026 celebrates achievements for advisers and solution providers supporting European private fund operations during the previous calendar year.

Hong Kong Poised to Modernize Tax Framework to Attract Global Fund Managers

This comprehensive legislation cements Hong Kong’s position as Asia’s premier asset management hub.

New NYC 'Pied-à-Terre' Tax on High-Value Non Primary Residences

The New Tax applies to owners of certain high-value residential properties in NYC

New HMRC guidance ‘reduces uncertainty’ over tax treatment of share reorganisations

Businesses can apply for a clearance from HMRC that tax relief would be available on a share reorganisation.

Freshfields U.S. Tax Partners Recognized in the 2026 Lawdragon 500 Leading Global Tax Lawyers Guide

These recognitions highlight Freshfields’ strength in advising on the most high‑stakes and sophisticated tax matters.

UAE: Updates Corporate Tax Guidance on Family Foundations

The updated guidance further states that a limited liability company (LLC) is not, in itself, a "similar entity" to a foundation or trust

Hidden US Estate Tax Risks for Bermuda-Based Individuals and Families

For Bermuda-based individuals and families with international investments, the key priority should be the early identification of potential US estate tax exposure

Hong Kong’s proposed reform of the family office tax regime: A major step toward a multi asset investment platform

For family offices already established in Hong Kong, the reforms create opportunities to optimise existing structures and broaden investment scope.

Hidden US Estate Tax Risks for Bermuda-Based Individuals and Families

For Bermuda-based individuals and families with even a modest allocation to US equities or real property, this disparity can give rise to material and unintended exposure within a globally managed portfolio.

Taxpayer successfully challenges HMRC information notice in long-running transfer pricing row

Jake Landman, a tax disputes expert with Pinsent Masons, explained how important the case was, given there is still little UK case law relating to transfer pricing disputes.

HMRC makes surprise change to guidance on VAT recovery on pension investments costs

Bryn Reynolds, a tax expert with Pinsent Masons, said this would likely reduce tax recovery options for employers.

Guernsey Royal Court blesses decision to onshore trusts to pay more tax

A lot has been written about the so-called "great wealth transfer" and with it a likely change in attitude to wealth holding.

Oil and gas firms hit first as UK chancellor amends PE tax regime

Under current rules, companies can choose to exempt their overseas PE profits and losses

New HMRC registration rules raise questions for in-house tax teams

Under the new Finance Act rules, tax advisers face a ban on “interacting with HMRC in relation to the tax affairs of a client” unless either that adviser is registered, or specific exceptions apply.