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.
03/14/2023
VAT charges are collected by Intuit on behalf of the Bahamas Department of Inland Revenue (DIR) and as such, should not be considered a price increase.
03/13/2023
Additionally, stamp duty rates are to go up 5 per cent under amendments brought to the House.
03/09/2023
Finally, it should be recalled that the EU’s mandatory disclosure regime, known as DAC6, may be triggered by EU based intermediaries (such as tax planners) dealing with entities on the EU blacklist, including BVI Funds.
03/06/2023
Coalition of workers, unions and climate campaigners aims to safeguard shift from fossil fuels to low-carbon energy sources
03/06/2023
The Revenue Service is very sorry for the disruption to online tax returns, and fully appreciates customers are rightly frustrated.
03/02/2023
Express reached out to the States of Guernsey and the Revenue Service provided the following response:
03/01/2023
Based on jurisdictions that have implemented or are implementing the Pillar Two global minimum tax, we estimate almost 90% of global multinational entities with revenue above 750 million euros ($794.9 million) will be subject to the minimum tax by 2025.