04/30/2021
The British overseas territories which already feature at the top of the global tax haven rankings risk becoming even greater facilitators of tax avoidance now that they are no longer constrained by the EU’s Code of Conduct on Business Taxation.
04/30/2021
The update advises that the CRS reporting functionality in the DITC portal has been re-enabled
04/29/2021
The Code of Conduct Group was created in 1998 as part of the political commitment of the EU member states to assess potentially harmful preferential tax regimes and to tackle harmful tax competition in the EU.
04/29/2021
Follows launch of corporate solutions via Throgmorton Australia.
04/27/2021
Therefore, users are to be taken into account as important assets for enterprises, capable of driving and changing the taxation approach of various transactions.
04/26/2021
It was originally envisaged that the consideration for the sale would be a mixture of cash and ordinary shares issued by the purchaser.
04/26/2021
Call to reform asset management rules to ensure City remains competitive post-Brexit
04/23/2021
The information to be exchanged relates to the identity, activities, and ownership chain of entities that are noncompliant with substance requirements or that engage in “high-risk” activities, such as activities relating to intellectual proper
04/22/2021
GUERNSEY is among 12 jurisdictions to have begun exchanging information relating to businesses’ economic substance.
04/21/2021
The offshore financial interests of millions of Britons have been handed to HMRC since 2018
04/21/2021
Under those circumstances, the taxpayer needed to rely either on the general provision for the deduction of expenditure or outgoings incurred in the production of assessable profits, as construed by decided authority on point.
04/20/2021
There are a number of questions that the well-advised owner of a yacht should be asking themselves when it comes to taxation, the fundamental of which is simply to consider how much they are being told about the taxes relating to what they are doing.
04/19/2021
Company moved money in 2019, prior to it overhauling its global tax structure
04/19/2021
Boca Juniors striker files court injunction to avoid paying the country's new wealth tax, the latest example of the difficulty in making millionaires comply with the levy.
04/19/2021
Many observers in The Bahamas believe that the government, facing a projected $900m-plus deficit in the upcoming 2021-2022 budget year following a record $1.327bn of ‘red ink’ in this fiscal period, will be unable to address a national debt fo
04/16/2021
The Organisation for Economic Cooperation and Development has been working on proposals for addressing the tax challenges of the digitalisation of the economy for a number of years.
04/16/2021
This article provides a brief overview of the key elements of the procedural framework for contesting decisions issued by the LTA, as applicable to corporate income tax, municipal business tax, and net wealth tax.
04/14/2021
More than 5,000 penalties of £200 were sent out to people who had not completed a tax return for 2019, after the States of Guernsey decided not to issue reminders.
04/13/2021
The organization argues that Romania has introduced "one of the mildest sanctioning regimes in the European Union" that encourages tax evasion, G4media.ro reported.
04/12/2021
Any tax deductions claimed by companies that make payments to related parties in low-tax jurisdictions would be eliminated.