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For many years, the OECD have been at the vanguard of the international campaign against tax havens. This has been particularly visible since the G20 meeting in London last year. As can be seen from...
Perpetuities and Accumulations Act 2009 coming into force (developers/landowners – don’t stop reading here, it is explained!)
The Perpetuities and Accumulations Act 2009 (PAA 2009) received Royal Assent on 12 November 2009 and will come into force on 6 April 2010.
From 6 April 2010, the rule against perpetuities will only...