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The Revenue Rule in the Cayman Islands and British Virgin Islands

It is also well established in other international financial centres and British Overseas Territories, such as Bermuda2.

French tax: Inpatriates regime provides tax exemptions

This includes employees and directors who are posted or made available as part of an intra-group transfer, for instance, from a foreign parent company to a subsidiary based in France.

ESC B18: limitations to the tax credit available for UK beneficiaries of non-UK resident trusts

As for UK resident beneficiaries of non-UK resident trusts

UK proposes new tax regime for fund asset holding companies

The government issued a second consultation on the proposals in December and has now set out the plans for reform in draft legislation, a policy paper and a consultation response document.

Tax authorities ask Germany for data of Maltese with offshore Dubai accounts

Malta is on the hunt for international tax dodgers

Separation and tax considerations in the UK

The new law is a long overdue acknowledgement that this process starts off on an unnecessarily hostile basis

Finance Dublin: Irish Tax Monitor

Andrew Quinn, discusses the G7 and OECD proposed global minimum tax

UK 'batman' investor faces extradition to Germany in €125m tax fraud battle

German prosecutors last year reissued an arrest warrant for Virdee after he was apprehended in 2017 at Heathrow Airport and later released.

HMRC data reveals drop in landlord tax disclosures

Since opening, the Let Property Campaign has received 58,779 voluntary disclosures, around 4% of the landlords originally targeted.

Key Implications of New Hong Kong IPO Settlement Platform ‘FINI’ – Launching on "T+2" Cycle Scheduled in Q4 2022

Instead of compressing the existing "T+5" settlement cycle to "T+1", as originally proposed, HKEX is now proceeding with FINI development adopting a "T+2" IPO settlement cycle (the same as for the secondary market).

HMRC provides further clarification on key trust registration issues

We are pleased to report that HMRC has now provided further clarification on several issues.

Legal decision against HMRC could open the floodgates

The decision in this case confirms that HMRC are not able to use the discovery power to assess the child benefit charge where no tax return has been submitted.

Withers partner discusses recent developments in US taxation of crypto investors dynamic market.”

The IRS is very focused on getting information about cryptocurrency investors, as their view is that there are a large number of such investors who are not complying with the current tax rules.

Tax agency launches probes into offshore tax evasion

The agency said it is looking into people who opened secret offshore accounts to conceal illegally earned money, and companies which evaded taxes by using fintech and other online trading platforms.

Proposed UK asset holding companies marks tax change

The UK is looking to introduce its own holding company regime to rival Luxembourg and allow funds to base their investment structures here

The IRS’ 'Dirty Dozen' Tax Scams for 2021

The IRS warns people to be on the lookout for promoters who peddle false hopes of large tax deductions from abusive arrangements.

Mexican legislative elections and the future of the tax reform

We don’t yet know the scope or dynamics of this possible tax reform

Upper house of parliament approves law to implement EU anti-tax avoidance directive

The 1 January 2020 retroactive effective date for the anti-hybrid rules is causing concern for taxpayers and their advisors.

Portuguese millionaire art collector detained in tax fraud probe

Berardo and his lawyer were not immediately available for comment.

US House approves corporate governance package with country-by-country reporting mandate

Corporations subject to the disclosure rules generally would be required to report information