Trust law

The government personnel responsible for drafting tax policy often issue circulars and decisions which have a huge impact on the average taxpayer yet seldom go to the effort of informing the public of changes to the tax code or breaking down the content of new measures in a simple way.

Two former heads of the Financial Crimes Squad (SDOE), Yiannis Diotis and Yiannis Kapeleris, were on Wednesday given more time to prepare their defense against charges of breach of trust in connection with the so-called “Lagarde list” of possible tax cheats.

One of Britain's most successful and wealthiest musicians Sting has revealed his children will not inherit his GBP 180M fortune.

In an interview with the British Mail on Sunday, he said he has told his six children not to expect to inherit much money because he doesn't believe in trust funds.