One may find here carefully selected news around taxes, compliance and various legal matters of all the jurisdictions we cover in our daily work.
Experts have warned sellers must be very careful about any income they make online and fully understand their tax obligations. If you are selling items on a repetitive basis, or
An eBay trader has been sentenced to two years in jail after failing to pay tax on over 500,000 items he sold on the auction website. While regarded as an extreme
A good way to get rid of taxation issues when it comes to Liechtenstein bank accounts: The Liechtenstein Disclosure Facility (LDF) offers a means for UK residents with unpaid tax
Earlier today the ATO released its long awaited public guidance on the Australian tax and GST treatment of bitcoin and other crypto-currencies. This guidance was originally scheduled to be released
One of the most attractive features of doing business in the Netherlands is the possibility to obtain an Advance Tax Ruling (ATR) and/or Advance Pricing Agreement (AP) so that foreign
The EU Joint Transfer Pricing Forum (EUJTP) issued a report on compensating adjustments (EUJTP Report) in January 2014 that provides practical solutions for year end-adjustments in the EU. The issue
The Luxembourg tax authorities are currently carrying out transfer pricing audits, particularly for financing companies. When the transfer prices are not substantiated through proper documentation, the Luxembourg tax authorities do
A perennial problem facing the art market is how to treat legitimate works of art which for one reason or another have not been labeled as “authentic” by past or
Singapore’s government, faced with an environment of rising business costs due to near full employment and escalating rents, has proposed enhanced incentives intended to support business transformation and upgrading, in
In exchange for immunity from prosecution for assisting tax evasion, the Swiss banks had to tell the U.S. Internal Revenue Service how they hid Americans’ assets, hand over data on secret accounts, and
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