FACTA: Expect the unexpected (and the worst) in tax treatment and disclosure of offshore assets, particularly for Indian assets
By Parag Patel in NRI Tax From The Economic Times On July 9, 2015, India and the US signed an agreement to implement the Foreign Account Tax Compliance Act (FATCA) that will facilitate exchange of information between the two countries…
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A bittersweet journey to the Caribbean researching Scotland’s shameful role in the slave trade
By Stephen Mclaren From The National Scotland Last year I read Professor Tom Devine’s comprehensive and engaging history of the Scottish diaspora, To the Ends of the Earth, and was stunned to discover that Jamaica had a crucial and disturbing…
This woman just became one of the most powerful people at IBM
By Julie Bort From Business Insider IBM just hired Deborah DiSanzo to lead the company’s all-important Watson Health unit. That’s the part of IBM that is trying to change health care by bringing IBM’s super smart computer, Watson, to doctors,…
GLI hosts its most successful Latin American and Caribbean Regulators Roundtable
(PRESS RELEASE) — Gaming and lottery regulators and government lotteries from 21 countries across the North, Central, South America and Caribbean regions gathered in the prospering city of Bogotá, capital of Colombia, on August 26 and 27 to attend what…
The CCJ as a court of first instance for intellectual property; revisiting the idea Published on September 15, 2015
By Abiola Inniss From Caribbean news Now In January 2010, this column first proposed the idea of the CCJ as a court of first instance for intellectual property (IP) matters. In the years following its publication, there has been a…
Defense lawyers lose fight over Facebook, Instagram posts
By Marisa Kendall, From The Recorder SAN FRANCISCO — In a decision fleshing out the rights of accused criminals in the social media age, a California appeals court ruled Tuesday that Facebook, Twitter and Instagram don’t have to honor subpoenas…
Mayor honors former NYC council member
By Nelson A. King From Caribbean Life A day after the massive West Indian American Day Carnival Parade on Brooklyn’s Eastern Parkway, New York City Mayor Bill de Blasio bestowed special honors on the first Caribbean-born woman to be elected…
Judge hand-tosses drug extradition for pizza maker
By Celia Ampel, From Daily Business Review Coral Gables attorney Eduardo Palmer won an unusual ruling for a client facing extradition to Italy on nearly 20-year-old charges. Orlando pizza maker Giovanni Ferriolo was freed Sept. 2 after five months in…
USVI governor denounces report in local media of private jet use
From Caribbean News Now ST THOMAS, USVI — US Virgin Islands Governor Kenneth Mapp has responded to a story in local media claiming that he has racked up $87,000 so far in private jet service. The St Croix Avis on…
Money Laundering Central: The UK Property Market
The United Kingdom property market, particularly in London, has become a notorious money laundering tool for Russian oligarchs and other wealthy individuals in recent years. As a result, real estate prices have been surging and an increasing number of properties…
