Home HRReports Daily Wealth Letter from The Wealth Forums 27 Sept. 2016

Daily Wealth Letter from The Wealth Forums 27 Sept. 2016

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Ian Brodie

Ian Brodie

Daily Wealth letter

a daily synopsis of the wealth news that’s most relevant, timely and dependable

Compiled and edited by Ian Brodie of The Wealth Forums (www.thewealthforums.com)

NUMBER 305  TUESDAY,  SEPTEMBER 27, 2016

Tax makes foreigners disappear

Foreign investors dropped out of Vancouver’s property market last month after the provincial government imposed a 15 percent surcharge to stem a surge in home prices. Overseas buyers accounted for less than 1 percent of the C$6.5 billion ($5 billion) of residential real estate purchases between Aug. 2 to 31 in Metro Vancouver, according to data released by British Columbia’s Ministry of Finance.  READ MORE:http://thewealthforums.com/2016/09/27/tax-makes-foreigners-disappear/

France demands bank details

The French tax authorities have asked Switzerland to hand over client information for some 45,000 bank accounts as part of a probe into alleged tax fraud, according to Le Parisien.  READ MORE:http://thewealthforums.com/2016/09/27/france-demands-bank-details/

Heads in the cloud at JPMorgan Chase

JPMorgan Chase has made an equity investment of an undisclosed size in InvestCloud, a startup that provides cloud-based software to the securities industry.  READ MORE: http://thewealthforums.com/2016/09/27/cloud-investment-jpmorgan-chase/

The Wealth Letter is published every business day by The Wealth Forums: www.thewealthforums.com

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