One may find here carefully selected news around taxes, banking and corporate finance, compliance and various legal matters of all the jurisdictions we cover in our daily work.
Lawyers and bankers in Switzerland are warning of a UK-style exodus of the wealthy ahead of a referendum on a 50% inheritance tax for the super-rich. The Alpine nation is
Introduction: The Government of Cyprus has recently proposed a series of tax amendments aimed at reducing the tax burden on households and businesses, modernizing the tax system, and enhancing economic resilience.
The Council today adopted a package of new anti-money-laundering rules that will protect EU citizens and the EU’s financial system against money laundering and the financing of terrorism. The new and stricter
The Council today reached an agreement (general approach) on safer and faster procedures to obtain double taxation relief, which will help boost cross-border investment and help fight tax abuse. The
Weeks after rejecting an IMF call to implement a personal income tax on its citizens, The Bahamas has announced plans for the introduction of a corporate top-up income tax. Speaking
The current Nomad Residence Permits (Income Tax) Rules were updated by the Maltese government on December 7, 2023. These rules allow Third Country Nationals (TCNs) with valid Maltese Nomad Residence
Cyprus: The government has abolished the annual EUR 350 corporate levy as from 2024. Companies that already paid the fee for 2024 will be entitled to a refund. The corporate levy
This press release was modified on 14 February 2024 to add the final texts of the provisional agreement The Council and Parliament found a provisional agreement on parts of the
On 11 July 2023, 138 members of the OECD/G20 Inclusive Framework on BEPS agreed an Outcome Statement recognising the significant progress made and allowing countries and jurisdictions to move forward
The Court of Justice of the European Union (‘CJEU’) recently addressed a case on the concept of fixed establishment for VAT purposes (Cabot Plastics Belgium, Case C-232/22). Suitable structure in
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