Category: Tax Laws
Romania implements new rules for establishing tax residence
New Romanian legislation in force for foreign legal entities. ... - Continue reading
UAE and Israel Sign Tax Treaty
According to the Israeli Government’s announcement, the treaty is based on the Organisation for Economic Co-operation and Development Model Tax Convention on Income and on Capital (OECD Model) and covers areas including double-taxation, non-discrimination, exchange of information and anti-avoidance. ... - Continue reading
UK: Tax Bites – June 2021
Further extension to UK Common Reporting Standard compliance rules
Regulations have been made to extend the International Tax Compliance Regulations 2015 (SI 2015/878) (the Compliance Regulations). The Compliance Regulations, among other things, require UK financial institutions to report information regarding certain non-UK account holders to HMRC for exchange under international arrangements relating to the Common Reporting Standard (CRS). ... - Continue readingEuropean Union: EUTA Special Edition: EU Responses To COVID-19 (Coronavirus) Crisis
The COVID-19 (Coronavirus) pandemic is affecting hundreds of thousands of people and is leading, all over the world, to far-reaching health and safety measures. As a result, the COVID-19 crisis has major social and economic consequences. Measures are being adopted to limit the impact on taxpayers as much as possible. ... - Continue reading
How to help clients as HMRC cracks down on overseas assets
‘International data sharing and anti-money laundering regulations are only likely to get tighter’ ... - Continue reading
8 Best Tax Haven Countries to Open an Offshore Bank Account
When it comes to the greatest offshore bank accounts, people will give you a lot of different recommendations. This isn't to say that some of them are incorrect. There are simply a plethora of possibilities available. ... - Continue reading