10/22/2019
On 10 October 2019, the Economic and Financial Affairs Council of the European Union (EU Council) confirmed that Mauritius complied with the good governance tax principles of the European Union (EU).
10/22/2019
Business owners want a European-style tax system.
10/21/2019
Report from thinktank Demos finds that 24 out of 35 ‘strategic suppliers’ operate in offshore jurisdictions
10/18/2019
The estimated offshore wealth doubled from €2.3 billion to €5.2 billion between 2011 and 2016
10/18/2019
The new tax would be applied to companies with sales of over 750 million euros, of which at least 5.5 million euros come from services provided in Italy, according to Italian media reports.
10/18/2019
In practice, many companies, particularly those that are taxed at the 0% rate and are not impacted by the economic substance requirements, should find the information to be provided broadly in line with that required to be reported in prior years.
10/17/2019
HMRC said if the trust was based in the UK and governed by UK law it would be exempt from inheritance tax, but as the trust Ms Coulter chose was Jersey-based it did not qualify for this exemption.
10/17/2019
Although the bill needs to go through the usual legislative process and the final law remains to be seen, this particular measure is likely to be adopted.
10/17/2019
This level of importance is indicated by the responsiveness of the legislature and regulators to the needs and demands of the market, as well as the swiftness with which these processes can take place.
10/15/2019
Brandi Caruso and Robin King of Deloitte summarise the notable changes introduced under the recently ratified 2009 protocol to the Swiss-US double tax treaty.
10/14/2019
Bumper contracts worth a lot of money are offered and the players come to Spain to enjoy the time of their lives in every sense.
10/11/2019
The Marshall Islands has also been removed from the blacklist, which still includes nine extra-EU jurisdictions - mostly Pacific islands with few financial relations with the EU.
10/10/2019
A complaint sent to the PMO and ED on Wednesday alleges that HDIL's father-son duo routed money via dubious firms abroad
10/09/2019
Banks in Mauritius have reported significant cash outflows from the policy, revealing that the island nation was one of the top offshore investment destinations for wealthy Kenyans.
10/09/2019
The tight timeline is a concern for the Tax Justice Network, which argues the OECD should make the country-by-country data of multinationals public before “key elements of the reform proposals have been pushed through”.
10/09/2019
The new OECD proposal brings together common elements of three competing proposals from member countries
10/08/2019
The Enforcement Directorate also reiterated exemption given to it under the law and argued that the matter is sub-judice hence details cannot be shared at this stage.
10/04/2019
After declining for several decades, social inequalities have risen again in the majority of industrialised countries following the neoliberal shift of the 1980s.
10/02/2019
The FA 2019 has introduced a partial exemption regime similar to that existing in many other developed countries.
09/27/2019
To claim tax treaty benefits, such as reduced withholding tax rates on dividends and certain other income, foreign recipients of Russian-source income must meet the Russian BO requirements and provide comprehensive documentation supporting their BO status