04/28/2020
Coronavirus crisis shows our collective failure to tackle tax evasion
Bolstering our public services starts with fighting tax evasion more promptly and rigidly.
Tax
04/28/2020
Bridging loans and Switzerland’s fiscal support package for entrepreneurs and corporate entities
The main argument was that the cost of the entity can come at a premium compared to locations like Cyprus the Netherlands and Luxembourg.
04/27/2020
IRS Rules Make Nonprofits’ Offshore Tax Strategy ‘Bullet-Proof’
Many nonprofits invest cash in offshore intermediaries
04/27/2020
Tax avoidance products ‘in decline’ across the UK
But taxman’s clampdown could see legitimate planning hit as ‘collateral damage’
04/24/2020
UK taxman offers no quarter to offshore asset holders
HMRC allowed relief to all taxpayers affected by coronavirus but not those with assets abroad
04/22/2020
Denmark bans tax haven companies from accessing coronavirus bailout money – will other countries follow?
As companies ask for public funds to stop them going bust, some are facing scrutiny over how much – or how little – tax they pay
04/17/2020
Tax and Fiscal Policy in Response to the Coronavirus Crisis
It also outlines the major policy reforms that will be needed to prepare for restoration of public finances.
04/16/2020
Cayman’s Tax Neutral Model Explained
How Cayman’s tax neutral model provides for greater transparency and information exchange, without eroding other countries’ tax bases.
04/14/2020
OECD issues welcome guidance on tax treaty issues arising from the COVID‑19 crisis
This may change the tax treatment under the applicable treaty due if, for example, the number of days that a worker may work outside the country of employment is reduced.
04/14/2020
Russia notifies Luxembourg, Malta about dividend tax increase
Changes will not affect interest gains paid on Eurobond loans, bond loans of Russian companies and loans extended by foreign banks, according to Russia's Finance Ministry
04/09/2020
Luxembourg introduces transfer pricing documentation requirement for controlled foreign company compliance
This calculation should be made by reference to the transfer pricing rules of articles 56 and 56bis of the Luxembourg income tax law.
04/08/2020
Mauritius – tax measures in response to the coronavirus (COVID-19)
All penalties or interests will be waived in the following cases:
04/08/2020
Crumbling Economies Must Tackle Tax Evasion To Meet Coronavirus Crisis, Experts Warn
The pandemic has highlighted global reliance on digital and pharmaceutical behemoths, and at the same time should shine a spotlight on their tax behavior, said Rasmus Corlin Christensen, a researcher with the International Centre for Tax and Development.
04/07/2020
Branson Shifts $1.1 Billion Galactic Holding Between Tax Havens
Branson spokesperson says this is an internal reorganization
04/03/2020
FATCA, 10 years on
Canadian financial firms must now provide complete tax data on their U.S. clients as the IRS tightens reporting rules
03/27/2020
World Tax Advisor, featuring special COVID-19 section
These measures, which vary in magnitude and scope, are intended to mitigate the economic and fiscal effects on businesses and individuals.
03/25/2020
We can’t afford tax havens in the age of #Coronavirus
The global economy, as one commentator noted, is going into cardiac arrest.
03/25/2020
Private equity in Italy: The tax effects of leveraged buyouts
Daniele Carlo Trivi and Luigi Belluzzo of Belluzzo International Partners analyse recent European legislative tax changes and explain how this will impact private equity activity.
03/25/2020
Panama introduces a Beneficial Owner Register and extends the Tax Amnesty
For new legal entities the resident agent should register the UBO information within 30 days of incorporation.
03/23/2020
Luxembourg Parliament votes in favour of tax, anti-money laundering rules
New laws include reporting obligations on cross-border tax arrangements, new state fund to buy buildable land for housing