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[Most Recent Quotes from www.kitco.com]

[Most Recent Quotes from www.kitco.com]





Is permanent residence different to domicile?

Jay Garcilazo (March 7th, 2010) Writes:

Back in March 2000, Lord Ashcroft undertook: “to take up permanent residence in the UK again before the end of this calendar year.”

Many people assumed this meant that he would cease to retain his non dom status. In fact as all half decent tax advisers will tell you there is an enormous difference between the concepts of residence and domicile. Even a ‘permanent’ resident can, if not currently domiciled here, retain their non dom status. This is because that status is dependent on a number of other factors including where they anticipate ending their days.

Lord Ashcroft’s advisers will have been well aware of the ambiguity of his statement and that he could retain his non-dom status whilst also being “fully tax resident” in the UK. He will have been liable

...

Bill Browder’s Big Move

Robert Amsterdam (July 31st, 2009) Writes:
I have long argued that there exists a component of Russia's failure to reform, deepen democracy, and respect rule of law as a normative member of the international community that is solely the responsibility of Western complicity - our banks, our energy firms, our investors, and our businesses which have been more than willing to prop up authoritarian governments, regardless of their human rights records.  This new lawsuit, launched by William Browder and Hermitage Capital, alleging corruption at the highest levels of the Russian government to defraud the country's biggest investor, may bring some changes to the traditional equation of risk and politics in Russia.From the New York Times:

The filing is a new twist on Mr. Browder's case, which began almost four years ago. His lawyers say the wire transfers will show a fraud larger than previously disclosed --

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