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  • telephone operations becoming a dying relic

    telephone operations becoming a dying relic

    Earlier this year, in her annual report to Congress, US National Taxpayer Advocate Nina E Olson remarked that the Internal Revenue Service's telephone operations have become a "dying relic" of taxpayer service... Continue Reading »

  • Residency in UAE & Benefits of Living in Dubai 100% Tax Free

    Residency in UAE & Benefits of Living in Dubai 100% Tax Free

    Foreign workers have been drawn to Dubai, the major business and financial hub of the United Arab Emirates,in their millions for many years, drawn by the UAE's lack of taxes, its career and business opportunities... Continue Reading »

  • A walk in the park

    A walk in the park

    Well, it's been another mixed week for US tax reform. First, the good news. Last week, the Internal Revenue Service announced that, in certain circumstances, relief from tax penalties will be offered to those struggling to... Continue Reading »

  • Perhaps I'm being naive

    Perhaps I'm being naive

    According to US Senator Orrin Hatch (R-UT), who is Chair of the US Senate Finance Committee, the tax reform is overwhelmingly popular with US taxpayers across the board, from small and large businesses to employees... Continue Reading »

  • Another job for the robots

    Another job for the robots

    Maybe it's because we now live in increasingly fast-paced, on-demand economies, but there seems to be a growing sense of impatience at the pace - or lack thereof - of the OECD's work on some crucial areas of the BEPS... Continue Reading »

  • voters do the funniest things

    voters do the funniest things

    What's this? A political party called Five Star? Founded by who? A comedian? What? In Power?! With who? You mean Silvio's back? And a flat tax? On corporate income too? In Italy?... Continue Reading »

  • just about worthy of praise

    just about worthy of praise

    Isn't it strange how governments seek to cut tax just before elections? It's not by happenstance, and something that has happened for eons... Continue Reading »

  • punted into the long grass

    punted into the long grass

    According to the conclusions of a public consultation by New Zealand's Tax Working Group, the majority of New Zealanders want major changes to the tax system. Who doesn't! Will they get them? Probably not... Continue Reading »

  • The robots are already here

    The robots are already here

    If you're worried what the future holds as we draw nearer to an era of artificial intelligence - more automation, and fewer humans running the show - then you'd better worry about it a bit more... Continue Reading »

  • Ras-Al-Khaimah International Companies

    Ras-Al-Khaimah International Companies

    Ras Al Khaimah (RAK) may be overshadowed by its neighbor, Dubai, in terms of global profile, but it is fast emerging as one of the most important business hubs in the region, thanks to its benign tax regime... Continue Reading »



Latest News RSS

Jersey Says New Research Paper Debunks Myths Surrounding IFCs

Jersey Says New Research Paper Debunks Myths Surrounding IFCs

by Amanda Banks, Lowtax.net, London
14 June, 2018
Jersey's business promotion agency, Jersey Finance, has published a new discussion paper prepared by a leading UK think-tank, which argues that international financial centers (IFCs) play a vital, positive role in the global economy.
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Cayman Considering Legal Challenge To UK Beneficial Ownership Law

Cayman Considering Legal Challenge To UK Beneficial Ownership Law

by Mary Swire, Lowtax.net, Hong Kong
14 June, 2018
Cayman Premier Alden McLaughlin met with lawyers in London on Monday to discuss the territory's constitutional relationship with the UK in light of UK legislation forcing the territory to set up a publicly accessible register on the beneficial ownership of legal entities.
Read Full Story »

 
Bahamas To Hike VAT To 12 Percent

Bahamas To Hike VAT To 12 Percent

by Mike Godfrey, Lowtax.net, Washington
04 June, 2018
The Bahamas Government has announced that it will hike the value-added tax rate from 7.5 percent to 12 percent from July 1, 2018.
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British OTs Must Introduce Public Beneficial Ownership Registers

British OTs Must Introduce Public Beneficial Ownership Registers

by Mike Godfrey, Lowtax.net, Washington
04 June, 2018
The UK's 14 Overseas Territories must bring in publicly accessible registers concerning the beneficial ownership of legal entities or face having them imposed by the UK, following Royal Assent to the UK Sanctions and Anti-Money Laundering Act 2018 on May 23, 2018.
Read Full Story »

 
BVI Planning Challenge To UK's Beneficial Ownership Law

BVI Planning Challenge To UK's Beneficial Ownership Law

by Mike Godfrey, Lowtax.net, Washington
04 June, 2018
The Premier of the British Virgin Islands, Orlando Smith, says his Government has appointed legal counsel to advise on a potential challenge to the UK's move to force its Overseas Territories to set up publicly accessible registers containing information on the beneficial ownership of legal entities.
Read Full Story »

 
DIFC To Update Corporate, Beneficial Ownership Laws

DIFC To Update Corporate, Beneficial Ownership Laws

by Lorys Charalambous, Lowtax.net, Cyprus
04 June, 2018
The Dubai International Financial Centre, the low-tax financial hub, is proposing reforms to the regulation of companies, including imposing new beneficial ownership disclosure requirements.
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Aruba 2018 Land Tax Assessments Issued

Aruba 2018 Land Tax Assessments Issued

by Mike Godfrey, Lowtax.net, Washington
04 June, 2018
Aruba's Tax Office says this year's land tax assessments have been mailed to taxpayers, and that anyone who has not received a return should collect a duplicate at the island's Tax Office in Camacuri.
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Gibraltar Says It Will Not Cede An Inch On Sovereignty

Gibraltar Says It Will Not Cede An Inch On Sovereignty

by Jason Gorringe, Lowtax.net, London
23 May, 2018
Gibraltar's Deputy Chief Minister, Joseph Garcia, has told a cross-party delegation of UK parliamentarians that Gibraltar "will not cede an inch of its sovereignty, jurisdiction, and control," discussing Spanish relations amid Brexit talks.
Read Full Story »

 
Hong Kong To Offer Open-Ended Fund Company Form

Hong Kong To Offer Open-Ended Fund Company Form

by Mary Swire, Lowtax.net, Hong Kong
23 May, 2018
Hong Kong's Government has published three bills to establish a new open-ended fund company regime.
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Guernsey Sets Out Stance On Public Company Ownership Registers

Guernsey Sets Out Stance On Public Company Ownership Registers

by Jason Gorringe, Lowtax.net, London
22 May, 2018
Guernsey's Chief Minister, Gavin St Pier, has told the island's parliament that Guernsey will make beneficial ownership information publicly accessible if it becomes an internationally adopted standard.
Read Full Story »

 
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Country Rankings

Country Rankings

Kitty's Encomiums And Execrations

Intended to be a proxy for business friendliness; evidently they are highly partisan, but hopefully one day they will become useful for decision-making, even if for the moment it is all just an amusing game. View Country Rankings »