02/21/2022
The report attempts to address some of the comments at the roundtable which questioned whether there is a need to regulate complexity or whether there’s adequate evidence that complexity is actually abused.
02/21/2022
It is worth highlighting that these reporting obligations apply even if the investment vehicle never invested, directly or indirectly, in Luxembourg real estate.
02/18/2022
Often it feels like money only flows one way with HMRC, but if you spend money for work expenses then you could be due a hefty refund
02/17/2022
The law will remove one of the significant benefits of a purchaser seeking to acquire the shares in the holding company rather than simply purchasing the freehold of the property – although there can be other tax implications for changing the holdin
02/16/2022
Thousnds of tax reminders have been sent out as the tax deadline for 2020 returns draws nearer.
02/15/2022
Addressing the tax challenges raised by digitalization has been a priority of the OECD/G20 Inclusive Framework on base erosion and profit shifting (BEPS) since 2015.
02/15/2022
Move expected to dent web of domestic, offshore companies set up by wealthiest
02/13/2022
Our double-digit growth confirms the strength and resilience of our unique integrated model.
02/11/2022
The consultation runs through 31 March 2022 and contains 10 questions aimed at gathering feedback from key stakeholders
02/10/2022
The Committee has previously suggested that GST should be introduced at a rate of 5% or 8%.
02/09/2022
That meant the percentage of the population working or economically active was "shrinking and that is forecast to continue".
02/07/2022
Malta and IFCs bid for global tax delay to 2025 as Cuba gets FATF boost
Malta has already agreed to the OECD new tax requirement but it is now negotiating "carve-outs and concessions" with the European Union.
02/04/2022
Tax changes ahead for thousands
Work is already underway to update systems at the Income Tax
02/04/2022
The legal basis for VAT refunds can be found in Article 107 paragraph 1 letter b of the Federal Act of 12 June 2009 on Value Added Tax (VAT Act) and in Articles 151 - 156 of the Value Added Tax Ordinance of 27 November 2009 (VAT Ordinance).
02/01/2022
BAHAMAS: New Tax Measures To Bridge ‘Gap’ Over Gov’Ts Extra $1.3bn
Mr Wilson, while not providing any details on the new and/or increased taxes under consideration, said the Government’s senior tax officials were also confident that “a significant” sum remains uncollected annually across real property t
01/30/2022
The Scottish National Investment Bank was launched in 2020 by First Minister Nicola Sturgeon.
01/28/2022
The data, acquired from HMRC via a freedom of information request, shows that the number of annual sign ups has fallen from 877 in 2018-19 to only 26 in the most recent full year, 2020-21.
01/26/2022
Minister maintains “everyday, working-class Bahamian” not being targeted
01/26/2022
Inclusive Framework BEPS Agreement – Policy Perspectives
KPMG response to the Inclusive Framework BEPS announcement made on 20 December 2021.
01/25/2022
To cushion the blow of sustaining such “a correction all at once”, Mr Halkitis said the Government is providing a $312.50 tax rebate to all owner-occupied properties