Business & Finance
Brought to you by: Monaco Life
The British Association of Monaco has announced the date and venue for the HMRC roadshow visiting Monaco.
The British tax authority will hold its public meetings on September 6 at the Monte-Carlo Bay Hotel from 10:00 until 12 noon for a general overview, and from 14:00 until 16:00 on the same day for a more detailed session. This is a HMRC event and admission is free.
As previously reported by Monaco Life, the HMRC visit is intended to draw attention to the legislative changes to Corporate Criminal Offences (CCO) and the HMRC ’Requirement to Correct’ ( RTC) that legally obliges taxpayers who have undeclared UK tax liabilities in respect of offshore interests to put things right by telling HMRC about outstanding tax due by September 30, 2018. This gives taxpayers the opportunity to put their affairs in order before tougher penalties come into force in October 2018, says HMRC.
BAM will be holding its first cocktail after the summer break on Thursday, September 13, at L’Oliveraie, Place des Moulins, from 18:00 until 20:00. The cocktail event on September 27 will take place at a venue to be announced at a later date.
Monaco welcomed four new Ambassadors to town this week, given a warm reception by first the Prince, then by the Minister for External Relations and Cooperation, who treated them to lunch.
The Monaco Economic Board has accomplished three missions with three very different entities, starting with a trip to the United States, followed by two locally-based forums with Vietnam and Djibouti.
The Principality welcomes four more new Ambassadors, this time coming from Malaysia, the United Kingdom, Ivory Coast and Ghana.
The Monaco government says it is disappointed Nice taxi drivers plan to stage a protest on the Thursday of the Grand Prix weekend as talks continue between Monaco and the Prefecture of the Alpes-Maritimes.