According to a recent ruling by Estonia's Supreme Court, the country's tax agency can no longer chase up tax debts that are owed five years after enforcement proceedings are initiated. Well, it's a good job that tax debts aren't waived so quickly... Continue Reading »
With another exciting period having passed in the world of taxation, there certainly is never a dull moment! What with more tax cuts possibly on the way in the United States, new developments on the digital tax front and new trade agreements galore.. Continue Reading »
To open this week, I'm going to pose a question: In the future, which of these two leaders will be remembered most by future generations? George W. Bush or Mart Laar? No prizes for guessing which man is likely to get the most votes... Continue Reading »
British Virgin Islands Company Formation
The British Virgin Islands Business Company format has arguably been the most popular offshore corporate vehicle of the last 20 to 30 years. A brief introduction to the BVI's legal framework as well as its tax rules... Continue Reading »
Cyprus is a recognized financial centre and a significant gateway for EU inbound and outbound investments. It complements the traditional links Cyprus has with central and eastern Europe, Russia, India and China... Continue Reading »
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 »
by Jason Gorringe, Lowtax.net, London
29 October, 2018
The Jersey Government has announced that it will release for public consultation guidance notes on the introduction of a new economic substance requirement for certain taxpayers to access Jersey's tax regime.
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by Ulrika Lomas, Lowtax.net, Brussels
26 October, 2018
The OECD has announced that Antigua and Barbuda, Saint Vincent and the Grenadines, and Dominica have signed up to its Inclusive Framework on BEPS, bringing membership to 122.
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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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