04/14/2021
The negotiated price was higher than the amount of the proceeds that would have remained in the subsidiaries after paying taxes from the land sale.
04/14/2021
All new emigration applications from 1 March onwards will be processed by the South African Revenue Service (SARS) in terms of a new procedure which will focus on the cessation of tax residence by a South African resident.
04/13/2021
Wealthy individuals sit predominantly within the department's wealthy and midsized business compliance directorate (WMBC) which is responsible for general compliance, including spotting and correcting mistakes.
04/13/2021
The organization argues that Romania has introduced "one of the mildest sanctioning regimes in the European Union" that encourages tax evasion, G4media.ro reported.
04/12/2021
The plan also includes more relief for those hit hardest by the coronavirus pandemic such as renters, small businesses, and undocumented immigrants.
04/12/2021
The overall aim of this Directive is to improve administrative cooperation in the field of taxation and address the challenges posed by the digital platform economy.
04/12/2021
The summons require the crypto exchanger to produce records identifying all such taxpayers falling above this US$20,000 threshold, along with any documentation related to their cryptocurrency transactions.
04/08/2021
The proposals would change the gift and estate tax exemption amounts and rates and meaningfully impact trust planning.
04/07/2021
Such agreement will either be in the form of the OECD’s Multilateral Competent Authorities Agreement (MCAA) or another type of exchange of information agreement such as a Tax Information Exchange Agreement (TIEA).
04/07/2021
Reportable Jurisdictions are those participating jurisdictions with an agreement in place to exchange relevant CRS account information with Cyprus.
04/06/2021
This is a global ranking of the countries most complicit in helping wealthy individuals hide their wealth from the rule of law
03/31/2021
Is this just another bubble waiting to burst or is it the sign of an important shift in attitude towards the digital world?
03/29/2021
The purpose of this Program is to provide much needed relief to families and business owners adversely impacted by the economic effects of the COVID-19 pandemic
03/29/2021
With average condominiums selling for over $4 million, Millennium Tower is not only a wealthy residence for the rich, but also a ‘wealth storage unit’ for global capital looking to park itself and hold value.
03/26/2021
Yet one piece of the puzzle is still missing - the clarification on the treatment and taxation of carried interest.
03/12/2021
The EU has also been taking an increasing interest in this area.
03/09/2021
The tax would be imposed on the purchaser and collected by the auctioneer in addition to state and local sales tax.
03/09/2021
Any royalty payable for Registered German IP is subject to German withholding tax
03/07/2021
The Tax Department will not begin imposing administrative fines until 30 June 2021