Category: Jurisdiction
Malta: Malta Individual Investor Program (MIIP) | Reform
An amended citizenship program is yet to surface for Malta. Here is a glimpse of it. ... - Continue reading
Ukraine aims to fight tax evasion with new law
Here is a discussion into the new legislation set to take place in Ukraine which aims to tackle profit shifting. While its objective is to encourage tax transparency, many businesses believe that this measure might have adverse effects for offshore trade. ... - Continue reading
Why now is the best time for South Africans to apply for Portugal’s Golden visa
Guidance for South Africans to gain residency in Portugal. ... - Continue reading
Investment treaty to develop ties with UAE
Jersey and the United Arab Emirates extend hands of cooperation with each other. ... - Continue reading
Pakistan, Hungary sign MoU
Pakistan and Hungary sign tax treaties with each other. ... - Continue reading
The Netherlands’ new DAC6 requirements: what multinationals need to know
Multinationals with European Union operations need to be aware of the DAC6 reporting obligations, especially since there are situations in which multinationals will be required to report cross-border arrangements with local tax authorities. ... - Continue reading
Fiscal policy key to overcoming pandemic’s impact on LatAm: UN agency
The United Nations Economic Commission for Latin America and the Caribbean (ECLAC) has stated that Latin American SANTIAGO, July 6 (Xinhua) — Latin American countries must turn to effective fiscal policy to cushion the social and economic impact of the COVID-19 pandemic and reactivate local economies, the United Nations Economic… – Continue reading
New Saudi Arabia tax guidance addresses mutual agreement procedure
Here are the amended laws regarding mutual agreement procedure (MAP). ... - Continue reading
Netherlands announces new policies for resolving cross-border tax disputes
The government has implemented new legislations in order to reform treatment of offshore tax disputes. ... - Continue reading
Nigeria clarifies new tax on nonresident digital businesses
Now existing in a digital-led world, economies of the world have been seriously contemplating on better methods to tackle digital tax. Nigeria is no exception to the rule. ... - Continue reading
Cayman Islands: Recovering Illicit Assets Offshore Might Become A Bit Easier
New legislations on assets disclosure are now paving a way towards more tax transparency. ... - Continue reading
Cyprus: Announcement – Cyprus Investment Programme
New declaration for companies operating in Cyprus. ... - Continue reading
OECD says U.S. still committed to global digital tax talks
OECD informs that the United States are still open to a discussion on digital tax despite asking for a pause due to more pressing matters. ... - Continue reading
Germany announces tax policy goals for Council of the EU Presidency
The German Presidency has put into place new legislations which will help revive the European economy. ... - Continue reading
Vietnam’s Tax Administration Law Takes Effect in July 2020
As from the 1st July 2020, Vietnam's tax reform measures will be implemented. ... - Continue reading
Poland poised to launch new corporate income tax regime
Government to introduce the so-called Estonian solution. ... - Continue reading
Malta: Reduced Tax And Duty On Transfers Of Immovable Property
Temporary changes in property tax have been announced by the Government. ... - Continue reading
African Countries Making Headway In Tackling Tax Evasion
According to Tax Transparency in Africa 2020 report, Africa needs to better combat illicit financial flows and be more lucid in tax matters. ... - Continue reading
Canada: Canada-US Tax Treaty – A Canadian Tax Lawyer Analysis
More on the Canada-US tax treaty. ... - Continue reading
Australia transfer pricing guidance addresses COVID-19 impact
Transfer pricing after COVID-19 in Australia. ... - Continue reading
Australia: Managing Australian & foreign tax residency status – what you need to know
Information on tax residency in Australia. ... - Continue reading
Govt Terminates Tax Treaty With Mauritius
Double Tax Treaty with Mauritius terminated. ... - Continue reading
Italy: Italian Supreme Court Confirms Foreign Trusts Should Receive Tax Treaty Benefits
Foreign trusts entitled to tax relief, says Supreme Court of Italy. ... - Continue reading
Tech companies rejected by top court on tax breaks
The U.S. Supreme Court refused to question a ruling that technology companies including Facebook Inc. and Google say will cost them billions of dollars in taxes by limiting deductions for stock payments to employees. The justices without comment Monday turned away an appeal by Intel Corp.’s Altera unit, which challenged… – Continue reading
Australia’s resident expats on cusp of losing CGT exemption
The new Budget - Not too welcoming to Australian expats. ... - Continue reading
EU Parliament creates permanent tax subcommittee
Tax justice taken a notch higher by the European Union. ... - Continue reading
US hit for withdrawing from tech tax talks
The USA backs down from talk regarding digital tax, hence engendering disagreements from European countries. ... - Continue reading
Why ‘Digital Taxes’ Are the New Trade War Flashpoint
A further discussion on the possible treatment of digital taxes in today's world where it has its hugest economic presence. ... - Continue reading
Cyprus: Double Tax Treaty Between Cyprus And Kazakhstan Ratified; Will Enter Into Force 2021
Cyprus and Kazakhstan sign double taxation agreement with one another. ... - Continue reading
Higher tax bill for Cyprus businesses after new law
Cyprus is aiming to better tackle tax avoidance by companies through a new legislation. The latter mainly addresses base erosion and profit shifting. ... - Continue reading
Angola, UAE ratify tax agreement to remove trade barriers
LUANDA, June 16 (Xinhua) — Angola and the United Arab Emirates (UAE) have ratified a Convention to Avoid Double Taxation and Tax Evasion, director of the press office of the Angolan General Tax Administration said on Tuesday. Braulio Assis said the tax agreement aims to ensure a greater flow of… – Continue reading