hasty decisions are probably not the best policy
The US tax reform legislation might not be perfect, as anyone grappling with the transition tax and the alphabet soup of acronyms and abbreviations, such as BEAT, GILTI, and FDII, would attest... Continue Reading »
There'll be a digital tax by Christmas, proclaimed European Commissioner for Taxation Pierre Moscovici last week. Perhaps he needs to brush up on his history. We've heard such bold claims in previous eras... Continue Reading »
Akin to Chitty Chitty Bang Bang
Banks and financial institutions the world over were worried about the legal and reputational costs of falling foul of FATCA (the United States Foreign Account Tax Compliance Act) from the outset... Continue Reading »
When looking at recent tax developments for this week's entry, I began to wonder whether a country's tax regime reflects its topography. Take the United States for example... Continue Reading »
As one of the first British dependent territories to develop tax-exempt corporate forms, Gibraltar has a long history as an offshore financial center, with the focus initially on the traditional forms of offshore business like company incorporation, Continue Reading »
If at first you don't succeed, try, try again. At least that's what they might tell you in school. But does this mantra translate successfully to real life? Switzerland is about to find out... Continue Reading »
A byword for tropical beauty, the Seychelles is an archipelago located in the Indian Ocean to the north east of Madagascar. However, as well as being a popular tourist destination, the Seychelles has established itself on the map... Continue Reading »
fail to prepare and prepare to fail
Although I tend to steer clear of hackneyed phrases (I prefer to do blue sky thinking, preferably outside of the box), there's one saying that generally is a very good rule for life: fail to prepare and prepare to fail... Continue Reading »
Taxes aren't just there to raise revenue for the government; they're also there to save us from ourselves. Environmental taxes are intended to stop us from destroying the planet, and sin taxes to stop us from... Continue Reading »
Who needs enemies when you've got friends
If Machiavelli were alive today, I think he would have swapped Tuscany for the Australian Capital Territory long ago (although with a name more suited to 21st century Australia perhaps - MacVelly maybe?... Continue Reading »
by Jason Gorringe, Lowtax.net, London
19 October, 2018
The Gibraltar Government has provided an update on its role in negotiations towards the UK's exit from the European Union and how the territory is preparing.
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by Ulrika Lomas, Lowtax.net, Brussels
04 October, 2018
The Swiss Federal Council has set the date for a potential referendum on its corporate tax reform package for May 2019.
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by Ulrika Lomas, Lowtax.net, Brussels
04 October, 2018
The EU has removed Palau from its list of non-cooperative tax jurisdictions.
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by Mike Godfrey, Lowtax.net, Washington
04 October, 2018
Trinidad and Tobago has confirmed that it will introduce a property tax next year, in the territory's newly released annual Budget.
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by Mike Godfrey, Lowtax.net, Washington
04 October, 2018
The caribbean territory Saint Vincent and the Grenadines has requested a 60-day extension from the reporting deadlines under the US Foreign Account Tax Compliance Act and the Common Reporting Standard.
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by Jason Gorringe, Lowtax.net, London
04 October, 2018
The Guernsey Financial Services Commission says it has decided not to hike license fees for financial services firms for the next two years.
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by Mike Godfrey, Lowtax.net, Washington
28 September, 2018
The Barbados Revenue Authority has issued land tax bills for the financial year 2018-2019, with a discount available for early payment.
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by Mike Godfrey, Lowtax.net, Washington
28 September, 2018
This month the OECD released a guide on the transfer pricing policies in place in Seychelles.
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by Mike Godfrey, Lowtax.net, Washington
17 September, 2018
Jersey has approved a law that would enable the creation of limited liability companies, in a bid to attract business from the US.
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by Mike Godfrey, Lowtax.net, Washington
04 September, 2018
The Bahamas has published two new guidance documents for financial services firms on the prevention of fiscal crime.
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