01/12/2017

VAT attracts €3.2bn superyachts

It was therefore able to set the VAT rate at 5.4 per cent, instead of 18 per cent, encouraging yachts to register here.

01/11/2017

Cayman adopts amended CRS regulations

The Regulations represent the next step in Cayman’s implementation of CRS and are expected to allow Cayman to satisfy its “effective implementation” obligations of reporting and compliance procedures under CRS.

01/11/2017

Win-win way to curb tax evasion

They will then have to report to the Inland Revenue Authority of Singapore the financial account information of account holders who are tax residents of jurisdictions with which Singapore has Competent Authority Agreements

01/11/2017

EU Greens claim Malta could be put on tax haven blacklist

However, a new report on Malta’s tax system published by the European Green Party today suggests that, if European countries were also to be screened, Malta could fail to pass the test itself, depending on the interpretation of criteria by the EU.

01/09/2017

FIU blocks US tax evasion

The FIU had also shared information to its foreign counterparts in 38 other instances.