don't go expecting radical change
Ironically, for a nation synonymous with neutrality, Switzerland now finds itself in the unwelcome position of international pariah. And this is largely as a result of other things it is synonymous with low taxes for the wealthy... Continue Reading »
Named the world's number one specialized financial center by the Banker magazine, and the second-best financial center among all UK Overseas Territories and Crown Dependencies, the Cayman Islands is the subject of this Lowtax feature... Continue Reading »
there'll be no need for tax amnesties when the robots take over
The race is on. Russian leader Vladimir Putin said recently that the nation that makes the first major breakthrough in artificial intelligence technology will be the nation that effectively rules the world... Continue Reading »
the elephant in the room that everybody wants to talks about
Denmark is a benchmark country. It is the archetype of a high-tax, high-spend northern European economy. So, when politicians in various parts of the world debate fiscal policy, they sometimes ask the electorate if they would... Continue Reading »
no wonder French presidents tend to end up so unpopular
China may have been upbraided by the International Monetary Fund earlier this month for the lack of progressivity in its personal income tax regime - how ironic that a country run by communists has, according to the IMF... Continue Reading »
A case of keeping your friends close but your enemies closer
The sharing economy is supposedly the latest digital revolution to come along and confound the staid world of taxation, giving birth to new business models that seemingly fall outside the traditional realms of tax law... Continue Reading »
Hard work is for the virtuous, cake is for sinners
It's probably reasonable to say that governments around the world have an uncomfortable relationship with sinners. By which I mean those who prefer a chocolate cake for desert, rather than an apple, or who end the working... Continue Reading »
In this feature we explore what makes Hong Kong tick as one of the world's major business and financial centers... Continue Reading »
We're told in many countries that owners of diesel vehicles (perhaps "keepers" is a better description, since hardly anyone actually "owns" a car anymore) won't be punished with punitive taxes in the wake of the "dieselgate"... Continue Reading »
Tax Complexity in the Spot Light
A new index on tax complexity around the world was published recently, courtesy of TMF Group, the international professional services firm. Continue Reading »
by Mike Godfrey, Lowtax.net, Washington
22 September, 2017
The Cayman Island's Government said it is helping approximately 30 financial services firms who are seeking to temporarily relocate employees from islands affected by Hurricane Irma to the Cayman Islands.
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by Lorys Charalambous, Lowtax.net, Cyprus
22 September, 2017
Abu Dhabi Global Market, the low-tax free trade zone in Abu Dhabi, and Japan's Financial Services Agency have agreed to co-operate to promote financial services innovation in both jurisdictions.
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by Jason Gorringe, Lowtax.net, London
21 September, 2017
Gibraltar's Deputy Chief Minister, Joseph Garcia, told the recent Liberal Democrats conference in Bournemouth that "Brexit would not be a pretext for a sovereignty deal [with Spain] through the back door."
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by Lorys Charalambous, Lowtax.net, Cyprus
21 September, 2017
Abu Dhabi Global Market, the international financial center in Abu Dhabi, is rolling out a new electronic prudential reporting system to help firms meet their regulatory obligations and satisfy compliance standards.
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by Mike Godfrey, Lowtax.net, Washington
20 September, 2017
Caribbean nations have a had strong showing in the latest edition of the Global Financial Centres Index (GFCI 22) published by leading City of London think tank Z/Yen.
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by Jason Gorringe, Lowtax.net, London
20 September, 2017
Malta's Government has announced it is setting up a taskforce to help implement the island's national blockchain strategy released earlier in the year.
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by Mike Godfrey, Lowtax.net, Washington
19 September, 2017
The British Virgin Islands Premier, Orlando Smith, has provided an update to territory businesses on the service issues facing the territory in the wake of Hurricane Irma.
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by Amanda Banks, Lowtax.net, London
19 September, 2017
Gibraltar's Deputy Chief Minister, Joseph Garcia, has said a free-flowing border between Gibraltar and Spain post-Brexit is in the best interests of all sides.
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by Jason Gorringe, Lowtax.net, London
19 September, 2017
Malta's Minister for Finance, Edward Scicluna, has warned his fellow European Finance Ministers against pursuing unilateral taxation measures that may damage member state companies.
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by Mike Godfrey, Lowtax.net, Washington
18 September, 2017
The Bahamas should consider introducing a low-rate income tax in the not-too-distant future, to counterbalance revenues lost from lowering import duties.
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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 »