December newsletter is published
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Vistra celebrates its third anniversary
Last month, it was three years since the Vistra brand was
launched. During this time Vistra has grown into a truly Global
provider of trust and corporate services, present in twelve
jurisdictions. The articles in this edition underscore Vistra's
Global reach in dealing with diverse issues related to different
jurisdictions.
In the previous edition of our newsletter, we discussed the
changing face of fund administration. In this edition, we have a
closer look at a recent decision of the European Court of Justice,
which gives a significant boost to the Luxembourg fund market.
Furthermore, we have an update of recent changes to UK tax
legislation, including residence and domicile and the extension of
the New Disclosure Opportunity to 4th January 2010. In addition the
relevant points of the Pre Budget Report (9th December) are
highlighted.
Also, we debate some improvements to Cyprus tax legislation,
which makes the jurisdiction an even more attractive place to
establish intermediary holding companies. Finally, we put the
spotlight on Hong Kong Double Tax agreements, making the
jurisdiction the perfect gateway between Asia and Europe.
I wish you all a Merry Christmas and all the best for the
exciting year to come.
Bart Deconinck
Chief Executive Officer
