04/28/2023
With three years of regulatory responses and submissions completed, it’s a crucial time for companies to revisit their business models and review the original economic substance assessment to see if it still holds up in light of emerging trends
04/25/2023
An investment fund must meet several conditions to qualify for the safe harbour
04/19/2023
But there is still a commitment to a split into two companies.
04/19/2023
This chapter first appeared in the fifth edition of The Corporate Tax Planning Law Review published by Law Business Research.
04/18/2023
The position of the applicants was that they come from a wealthy family and have benefited from substantial gifts from their late parents.
04/11/2023
Wilson noted that there are 50,000 businesses registered and about 40,000 of those businesses report an annual turnover of less than $100,000.
04/03/2023
There is a basic premise that VAT incurred on purchases is only recoverable to the extent that it is used in the making of taxable supplies by a taxable person.
03/30/2023
The Malta Financial Services Advisory Council suggests opt-out pension plans for employees and tax cuts on income from private pension schemes in new financial services strategy
03/29/2023
Authorities said banks, including Societe Generale, BNP Paribas and HSBC, faced a compensation request of more than $1bn.
03/29/2023
UK government ‘is likely to continue to invest in this high-end form of tax enforcement’
03/29/2023
The likelihood of owning such an account increases sharply with income, the researchers found, and the value of those accounts soars at the very top of the income distribution.
03/27/2023
The unit only reserves criminal processes only for serious investigations.
03/23/2023
Properties that are part of hotel rental pools previously enjoyed exemption from payment of real property tax
03/23/2023
The Ministry of Finance (MOF) has previously stated that the practice of insurers claiming VAT paid on payouts as inputs are not allowed in law.
03/22/2023
The firm will also be looking at facilitating secondments.
03/22/2023
A crucial requirement for QAHC eligibility is that the company is UK tax-resident, but not that it is a UK company.
03/16/2023
There have been no changes to previously announced rates but UK taxpayers should remember that, from 6 April, the 45% higher rate will now apply to income over £124,140 rather than the previous £150,000.
03/15/2023
We highlight the key changes which will impact businesses as a result of the Double Tax Treaty between the UK and Luxembourg.
03/15/2023
The Bahamas, despite having no history of income or corporate taxes, is among 138 nations that in July 2021 signed on to the Organisation for Economic Co-Operation and Development (OECD) inclusive framework that underpins the minimum tax drive and commits
03/14/2023
Those earning between $96,000 and $200,000 will pay 10 per cent while high earners on a salary up to $500,000 will pay 11.5 per cent.