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  • unsurprising teething problems

    unsurprising teething problems

    As corporate tax rates have tumbled, value-added tax rates have tended to climb, as countries shift more of their tax burdens from income to indirect taxation. In the latest example, Russian President Vladimir Putin... Continue Reading »

  • Cyprus Laws and Regulations

    Cyprus Laws and Regulations

    At the crossroads of three continents, Cyprus, with its favorable tax and legal environment, has emerged as major European business hub. In this special feature, we summarize the rules and regulations governing... Continue Reading »

  • A warren of rabbit holes

    A warren of rabbit holes

    There are plenty of things in this life that can do us harm. One of them can be taxation. But not, as conventional wisdom might have it, because taxes are too high, and too difficult to work out... Continue Reading »

  • Banking in UAE

    Banking in UAE

    As befits a country which has emerged as the region's main business, commercial and finance hub, the United Arab Emirates has a large banking market offering services to expat residents, and local and foreign investors... Continue Reading »

  • Perhaps the WTO will become the new OECD

    Perhaps the WTO will become the new OECD

    Europe and the United States aren't just separated physically by 3,000 miles of ocean. Often, the divides are economic, political, social, and cultural. Put it this way, Paris, France, is a very different place to Paris, Texas... Continue Reading »

  • Hong Kong International Focus

    Hong Kong International Focus

    It's hard to classify what Hong Kong actually is in one neat description. It isn't technically "offshore," it's not really a country, but it's clearly more than just a mere city. What is clear though is that this densely populated... Continue Reading »

  • surfing the line between order and chaos

    surfing the line between order and chaos

    Given that most taxpayers can connect to the internet, the announcement by the South African Revenue Service (SARS) that it is withdrawing some paper forms to encourage higher rates of e-filing might not be too bad of an idea.. Continue Reading »

  • not quite a postcard

    not quite a postcard

    Here's a conundrum: How do you go about BEPSifying the entire global network of double tax avoidance treaties - or the majority of them at least - without testing out the theory that time is infinite? You use an instrument... Continue Reading »

  • It's all positively Shakespearian

    It's all positively Shakespearian

    If I was to say "would those who actually think the EU's digital taxation plans are a good idea, please stand up" I'd be willing to bet that most of you would be still sitting comfortably. At least those who have an understanding... Continue Reading »

  • the BEPS project's tentacles have spread

    the BEPS project's tentacles have spread

    For better or worse, BEPS has permeated deep into the fabric of the world's tax regimes. You can tell this by the sheer volume of tax developments that are related to, directly or indirectly, the issues discussed in... Continue Reading »



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Crown Dependencies To Ensure Firms Have Economic Substance

Crown Dependencies To Ensure Firms Have Economic Substance

by Amanda Banks, Lowtax.net, London
17 August, 2018
The Crown Dependencies of Jersey, Guernsey, and the Isle of Man are consulting on proposals to require companies tax-resident in the islands undertaking specific income-generating activities to demonstrate they have sufficient "substance" in the islands
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DIFC Seeking To Establish 'Court Of The Blockchain'

DIFC Seeking To Establish 'Court Of The Blockchain'

by Lorys Charalambous, Lowtax.net, Cyprus
09 August, 2018
Hoping to establish itself as a pioneer in the use and development of blockchain technology, the Dubai International Financial Center has announced its Courts are to work towards the creation of the first "Court of the Blockchain," involving work on how blockchain technology can be used to enforce court rulings and separately on the resolution and mitigation of disputes concerning blockchain-enabled contracts.
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Offshore Financial Regulators Announce Collaborative FinTech Partnership

Offshore Financial Regulators Announce Collaborative FinTech Partnership

by Jason Gorringe, Lowtax.net, London
09 August, 2018
11 financial regulators have announced the creation of the Global Financial Innovation Network, a partnership intended to support businesses to engage in innovative financial technology projects in their territories.
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Jersey To Simplify Rules For Corporate Demergers

Jersey To Simplify Rules For Corporate Demergers

by Jason Gorringe, Lowtax.net, London
26 July, 2018
Jersey's Government recently approved the Companies (Demerger) (Jersey) Regulations 2018, intended to provide a better, clearer, and more flexible framework for company demergers.
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Guernsey Fully Compliant With Latest Tax Transparency Standards

Guernsey Fully Compliant With Latest Tax Transparency Standards

by Jason Gorringe, Lowtax.net, London
26 July, 2018
Guernsey has received an overall rating of "compliant" from the OECD's Global Forum on Transparency and Exchange of Information for Tax Purposes.
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Abu Dhabi Free Zone Proposes Crowdfunding Regime

Abu Dhabi Free Zone Proposes Crowdfunding Regime

by Lorys Charalambous, Lowtax.net, Cyprus
26 July, 2018
Abu Dhabi Global Market, the low-tax international financial center in Abu Dhabi, has published a consultation paper setting out its proposed regulatory framework for operators of Private Financing Platforms.
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100 States Now Expected To Swap Taxpayer Data In September

100 States Now Expected To Swap Taxpayer Data In September

by Ulrika Lomas, Lowtax.net, Brussels
06 July, 2018
More than 100 jurisdictions will automatically exchange financial account information in September 2018 after a significant increase in the number of countries participating in the Convention on Mutual Administrative Assistance in Tax Matters, the OECD has said.
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Bahamas, Aruba Hiked Consumption Tax Rate On July 1

Bahamas, Aruba Hiked Consumption Tax Rate On July 1

by Mike Godfrey, Lowtax.net, Washington
04 July, 2018

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Hong Kong Property Levy Payable From July

Hong Kong Property Levy Payable From July

by Mary Swire, Lowtax.net, Hong Kong
04 July, 2018
Hong Kong purchasers of residential and non-residential property are now required to pay a levy of HKD350 (USD45) within 30 days after a conveyance on sale is executed.
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IoM Strengthens Anti-Money Laundering Law

IoM Strengthens Anti-Money Laundering Law

by Jason Gorringe, Lowtax.net, London
26 June, 2018
The Isle of Man Government has announced the Anti-Money Laundering and Other Financial Crime (Miscellaneous Amendments) Act 2018 has received Royal Assent and is now law.
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