The Holy Qu’ran makes no bones about the prohibition of debt or interest – but Western institutions are working with Islamic scholars to draw up a ‘halal’ financial market to solve this, reports Melanie Stern
The Fisher, Oetker, Lauder, Sabanci and Johnson families are all collectors of classical and contemporary art, a market that increasingly offers more than just intellectual returns, explains Melanie Stern
So called international financial service centres are no longer the preserve of large corporations but have emerged as a highly credible arena for fiscally prudent family businesses
More and more heirs to small family businesses will find themselves forced to sell those businesses to pay estate taxes, a new report from the Heritage Foundation suggests.
Family businesses which pass premises down between generations could be caught in Britain’s plans to close loopholes in the inheritance tax regime, say experts familiar with the Labour government’s new budget proposals.
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