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Italy's 5% VAT rate on art sales and imports: A strategic boost for the art market

Each transaction must therefore be carefully assessed to determine the applicable VAT regime

First UK corporate criminal tax prosecution ‘a warning’ to businesses

Two corporate criminal tax offences (CCOs) were introduced on 30 September 2017 under the Criminal Finances Act 2017

Plastic tax revenue fall could spark UK budget shift

The total number of registered businesses is also predicted to drop this financial year

New Luxembourg Circular clarifies the definition of exempt UCIs under anti-hybrid tax rules

The clarification provided by the ACD is particularly welcome, as it brings much-needed legal certainty and transparency to the fund industry.

Pillar Two Mourant Jersey and Guernsey outlook

Instead, it introduced the MCIT at a rate of 15% which is applicable to relevant Jersey constituent entities which are not Excluded Entities nor subject to application of the de minimis exemption.

Luxembourg tax authorities clarify CIV exemption criteria for investment funds

The Circular provides much needed clarity for investment fund structures

Passing it on: planning in anticipation of a gift tax

The annual exemption for gifts has remained at £3,000 since 1984 (an inflationary increase would be close to £10,000 now).

The One Big Beautiful Bill Act and tax-exempt organizations

The OBBBA modifies the excise tax on net investment income paid by certain private colleges and universities under section 4968.

Boardroom Briefing: The rise of Jersey established, UK tax resident Family Investment Companies

Ogier Global additionally offers the option of a hybrid board model, where family member directors sit alongside Ogier-appointed directors.

Italy introduces 5% VAT rate on art sales and imports: A strategic boost for the art market

Each transaction must therefore be carefully assessed to determine the applicable VAT regime

Luxembourg Government proposes reform of carried interest tax regime

This bill, together with the laws implementing an inpatriate tax regime and clarifying the use of alphabet classes of shares, gives yet another tool to employers to attract and retain talent.

Tax Legislative Updates in The Bahamas (2025)

VAT registrants are no longer able to claim VAT credits on goods or services acquired for major construction activity

Avoiding the 10 year anniversary tax risks in British death in services schemes

It may also be a good opportunity to update and modernise the trust terms

Land and buildings transaction tax reform ‘overdue’, says expert

One of its proposals is to exempt, from the LBTT, the transfer of units within Co-ownership Authorised Contractual Schemes (CoACS)

Trump’s Order Creates Uncertainty for Clean Energy Tax Credits

The EO, in announcing there could be a change in the meaning of begin construction

How will the One Big Beautiful Bill impact your gift and estate taxes?

The BBB is a tax cut and spending bill addressing almost all sectors.

Proposed punitive US tax rule removed following G7 agreement on global minimum tax

The UK has introduced legislation implementing Pillar 2

Staying behind but planning ahead: tax efficient planning when non-doms leave the UK but their children remain

The recent tax changes have made trust planning less attractive for settlors who chose to stay in the UK longer term

New pension fund VAT recovery rules require attention from trustees and employers

That’s without the complication of worrying about VAT grouping or setting the trustees up as a service provider to the employer.

Luxembourg carried interest and special tax reform ‘good news’ for businesses

The new regime is designed to attract top-tier fund managers by offering a clear and competitive tax structure, aiming to reinforce Luxembourg’s appeal as a base for private equity and venture capital operations.