One may find here carefully selected news on taxes, banking, corporate structuring and finance, trademarks, compliance, and various legal and tax matters across all the jurisdictions we cover in our daily work.
In brief, a Borrower will gain Financial Flexibilty through Loan Syndication. A syndicated loan, sometimes called a Club Deal, is a single loan provided by a group of lenders (the “syndicate”), usually organized by one or more lead banks called arrangers. The structure offers advantages to both sides of the deal.
It’s no secret: For years, many of online gaming affiliates in Germany have been operating in a gray area—or, in many cases, even illegally. Many websites, comparison portals, and social media accounts promote offshore casinos in German, targeting German-speaking players. The affiliates then receive commissions through foreign companies. In most cases, these payments are processed via payment providers, crypto wallets, or accounts abroad.
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
Bahamas announces top-up corporate income tax Weeks after rejecting an IMF call to implement a personal income tax on its citizens, The Bahamas has announced plans to introduce a corporate
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
