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Cryptocurrencies and digital assets holding strategies – tax considerations in Luxembourg

Cryptocurrencies introduce new concepts that challenge traditional tax norms.

Singapore: Extension and refinement of fund management tax incentives – Key implications for Single Family Funds

It was indicated at the time that new criteria would be introduced.

Establishment of Bermuda’s Corporate Income Tax Agency

According to the Agency Act, the Agency is prohibited from issuing oral determinations and is not permitted to respond to oral requests for the same.

Budget 2025 - tax highlights Ireland

The need to maintain Ireland's competitiveness in the face of intensifying competition for foreign direct investment was acknowledged

Mourant FinReg Update - Guernsey July to September 2024

The proposal seeks to allow a licensed PSP to use the features of a PCC to ring-fence pension scheme assets.

Summary of Guernsey Taxation

A company incorporated outside of Guernsey that becomes tax resident in Guernsey must notify the Revenue Service of it becoming resident in Guernsey.

Changes to Ireland’s ‘standard fund threshold’ tax regime welcomed

The report also included recommendations in relation to taxation of pension lump sums

Auditors demanding more rigorous internal investigation as part of year-end procedures

These gaps have been underscored by large-scale corporate collapses due to fraudulent practices, including falsified information provided to auditors.

UK VAT domestic reverse charge for buildings and construction

Previously, VAT charged on the supplies would have been paid to the subcontractors who would then have accounted for the VAT to HMRC.

Taxation of Guernsey Funds

Guernsey does not levy any form of capital gains tax, inheritance tax or value added tax.

Dentons named Law Firm of the Year in Poland for Tax Advisory, Tax Litigation and Transfer Pricing at ITR EMEA Tax Awards 2024

The awards received confirm Dentons position as a leader in tax advisory, tax litigation and transfer pricing among law firms on the Polish market.

IR35: taxation of off-payroll workers explained

Businesses often engage with contractors and other off-payroll workers through PSCs, rather than directly on a self-employed basis.

Bermuda Corporate Income Tax: Considerations for Captive Insurers

A Bermuda captive insurer that falls "in scope" will need to assess its tax liability under the CITA

Navigating in the New Tax Amendments in Singapore: Implication for the Asset Management Industry

These new changes result from MOF’s periodic review of the ITA to better align Singapore’s policy objectives and to improve tax administration.

New Luxembourg Tax Reforms Aim to Boost International Business and Investment Appeal

This update summarises specific proposed changes and what they could mean for overseas investors.

UK ruling clarifies ‘fixed establishment’ in VAT group cases

The recent decision by the First Tier Tribunal (FTT) means that merely having a branch or office in the UK is not enough for a foreign entity to benefit from the UK’s VAT grouping scheme.

Changes to UK Inheritance Tax: What can you do now?

his is a significant increase from the current three-year tax 'tail'.

Luxembourg announces new tax measures to boost competitiveness

Luxembourg companies with taxable income exceeding €200,000 will benefit from a reduction in corporate income tax from 17 per cent to 16 per cent.

A practical guide to tax in commercial property transactions in Jersey

The rates of stamp duty payable on commercial and residential property vary slightly.

Introduction to stamp duty

The UK system that transfers shares electronically is called CREST.