On 20th of October Cylon’s Quarterly Investment Forum was launched in UK, London. This event was well attended and the registration for the Platinum Club has exceeded our expectations.
Platinum Club is a members networking Club and membership is by invitation only.Platinum Club Members will be entitled to receive newsletters of past and forthcoming events and to have the opportunity to participate in forthcoming Quarterly Investment Forums. If you wish to join the Platinum Club please click on the link and complete our registration form.
The comments that have been received for the two presentations were very encouraging so we have decided to make them easily accessible. Presentations from both Anagenesis Corporation and from Kitara Capital can be found on this website. If you wish further information or to arrange a meeting with their representatives contact please let us know and we will be pleased to make the appropriate arrangements.
Our next Quarterly Investment Forum is scheduled to take place on 26th of January 2012 and you are more than welcome to participate. We have also scheduled a series of Industry Reviews, the first planned next February and will be focused on the ENERGY & RENEWABLES Industry.
In a long awaited move, an agreement between United Kingdom and Switzerland was signed on 24th of August 2011.
The agreement provides for a 19% to 34% one off deduction of all United Kingdom individual taxpayers. Such deductions will settle past tax liabilities for all accounts that are to remain undeclared. For declared accounts deposits will be taxed in accordance with the usual United Kingdom rates.
From 2013, incomes and gains arising of investments held by individual UK taxpayers in Swiss banks will be subject to a new withholding tax which would be ongoing in nature.
Last but most importantly the agreement provides for a very “powerfull” procedure enabling United Kingdom to discover whether a taxpayer has an account in Switzerland. The provisional is additional and more powerful than the provisions for information exchange under the UK-Switzerland Double Taxation Agreement.
Check out HRMC newsletter on the issue:
Agreement with Switzerland to secure billions in unpaid tax – HM Treasury:
It is almost certain that the new agreement will push individual investors to banking institutions of other Business and Banking Centres, especially across EU. The Banking Institutions of Cyprus and Luxemburg seem like the most likely to be benefited from the move of such funds.
Multi-disciplinary. Multi-jurisdictional. This is what CYLON is here to fill.
The gap in professional service provision today is the limit on jurisdictions or disciplines. Regulatory silos stop us from doing our best for the client.
This inefficiency of the professional service provision market is the reason we decided to engage in a much aspiring attempt to pool on the knowledge hidden behind regulatory walls. CYLON International Alliance is a venture of its own despite the independence of its members.
Its managed professionally, organized in a multilevel pyramid form, engaged in monthly events and joint member campaigns and continuously developing discipline and jurisdiction members knowledge.
The target is simple, offer real multi-discipline and multi-jurisdictional value to members clients. Wish us good luck.