12/17/2021
The difference between commercial (up to 5%) and residential rates (up to 17%) is now significant which is no doubt why there has been an increased focus on ways to mitigate this tax burden.
12/16/2021
The review relates to transactions that were carried out before a change in Germany’s tax legislation came into force in 2016.
12/14/2021
HMRC recommits in the document to publish the long-awaited guidance on its view of dilapidations, overages, call options and rights of light. However, no timeframe for the updates was confirmed.
12/14/2021
An investigation found that the TCA had been unlawfully processing the nationality data of people who applied for childcare benefits for years.
12/10/2021
The figures include £8.1bn in tax believed to have been avoided through transfer pricing - the way multinationals allocate their costs and income between different countries.
12/10/2021
The amendments may have significant implications for Belgian and Dutch companies that are receiving income from or carrying out activities in the other country.
12/08/2021
While a multi-pronged approach using many sources of information is welcome, a central beneficial ownership register should become mandatory for all countries, without allowing for “alternative mechanisms”.
12/08/2021
French Tax Bulletin: Article 123 bis is given a new set of teeth to bite into offshore trusts’ profits
12/06/2021
All Luxembourg based AIFs managed by an AIFM not authorised or registered by the CSSF, should apply the requirements imposed by the AIFM’s competent authority.
12/06/2021
A new elective tax regime for companies which hold investment assets as part of fund structures is being introduced in the UK from 1 April 2022.
11/25/2021
In some instances, the use by a tenant of a building or unit will include the storage of stock or equipment, but that element is ancillary to the business which the tenant is carrying on from those premises.
11/24/2021
The TR requirements will apply from 1 January 2022.
11/23/2021
The summary below describes provisions in the House-passed bill that are most likely to affect individual taxpayers and also discusses portions of the original proposal that were cut from the legislation that passed the House.
11/19/2021
Celebrating 10 years of Global Forum capacity-building activities, members will also reflect on ensuring transparency and exchange of information benefit developing jurisdictions and help them in their fight against tax evasion and other illicit financial
11/18/2021
Non-US patriarchs and matriarchs with US family members can though substantially improve the position for their US family members through the establishment of a so called ‘foreign grantor trust’ (hereinafter ‘FGT’).
11/10/2021
The revision of the law now also stipulates how mutual agreement procedures are to be carried out at national level, provided the applicable agreement does not contain any deviating provisions.
11/10/2021
This means that investors found to be evading tax bills may incur severe penalties – further evidence for why getting your cryptoasset taxes in order is crucial.
11/09/2021
Firm launches ResiCheck, our App to guide clients on whether they are UK tax resident
11/06/2021
Notices can be issued where HMRC is seeking information for its own enquiries, or where it has been asked for information by a foreign tax authority.
11/06/2021
The OECD aims that pillar two will be brought into law in 2022, to be effective in 2023, with the under taxed payments rule coming into effect in 2024.