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Jersey to introduce taxation for enveloped property transactions

Late payments incur a surcharge of 10%.

Ratification of Protocol to double tax treaty between Poland and the Netherlands has been completed

The Protocol will become effective after both countries exchange notes confirming the ratification of the Protocol, which is very likely to occur in the nearest future.

An overview of tax considerations for non-UK residents purchasing UK residential property

The purchase, ownership and sale of UK residential property by non-UK residents can result in complex UK tax considerations, which we explore in this article

New guidance on UK uncertain tax treatment published ahead of law change

The guidance also confirms that an uncertain tax treatment is unlikely to have any consequences on senior accounting officer (SAO) certification

10 measures to expose sanctioned Russian oligarchs’ hidden assets

The Tax Justice Network has in response published a briefing detailing 10 transparency measures that the task forces can take to cut through financial secrecy

Draft law includes EU-regulated securitization within scope of interest limitation

Taking notice of the EC’s interpretation, the draft law released by the Luxembourg government removes securitization entities within the meaning of article 2(2) of the 2017 EU regulation from the list of financial undertakings not subject to the int

VAT treatment of UK termination and compensation payments

VAT may also have been payable on termination payments for unpaid invoices or for future VATable supplies.

Tax Disputes And Litigation Reviews 2022 - Ireland

The procedures for resolving those disputes, and the powers and approach of local tax authorities.

World’s first UN Tax Convention draft is antidote to sanctions-busting financial secrecy, campaigners announce

The draft convention would bring transparency to the estimated $10 trillion held offshore anonymously by wealthy individuals and the $1 trillion in profit shifted by multinational corporations across borders every year.

Closing Tax Havens Is the True Test of the West's Resolve

Their complicity has removed the incentives these elites might have had to rein in their countries' authoritarian leaders.

UK considers online sales tax

The government said it would not be intended to actively encourage customers to shop in-store rather than online.

HMRC now successful in 86% of tax disputes in UK courts and tribunals

Delays of sometimes more than a year in the issue of judgments and long delays in listing cases were reported by users of the FTT last year

DeVere partners with law firm to offer tax advice in Spain and Portugal

The jump in demand in the last 12 months has been considerable.

The Swiss banking clean-up is a mirage

The impact of Swiss ‘success’ in these areas amounts to, TJN estimates, tax losses suffered by other countries of some US$21 billion a year, or enough to fully vaccinate more than a billion people against COVID.

Andersen Global Enters Collaboration Agreement with Bahrain-Based Law Firm

Almoayed Chambers Consultancy is a boutique law firm with specific focus on corporate commercial contracts

Luxembourg: New One-Time Tax Reporting Obligation for Investment Vehicles

It is worth highlighting that these reporting obligations apply even if the investment vehicle never invested, directly or indirectly, in Luxembourg real estate.

Expect forward-looking UK corporate tax reform in coming months

The availability of tax relief for overseas R&D is often essential to businesses

HMRC’s NFT seizure ‘unlikely to be the last’

“The fact that money laundering now turns to investments in digital assets itself brings us to the next level of online crime,” said Nils Rauer, expert for digital transformation at Pinsent Masons.

U.S. Tax Issues Linger For Some Swiss Banks

Threatened with criminal charges, ZKB reached a settlement with the U.S. Department of Justice (DoJ), which at the time included a fine as well as a probationary period of several years.

An Overview of OECD Pillar 2

Addressing the tax challenges raised by digitalization has been a priority of the OECD/G20 Inclusive Framework on base erosion and profit shifting (BEPS) since 2015.