complex tax rules and capricious tax inspectors
Governments the world over are repeatedly heard telling taxpayers to ensure they follow the tax rules. But they don't make it easy for taxpayers to achieve compliance - they really don't... Continue Reading »
According to European Council President Donald Tusk, a special place has been reserved in the afterlife for those seeking to bring about a hard Brexit without a plan. By "special," Mr Tusk didn't mean "nice." What he meant... Continue Reading »
One of the great ironies of the OECD's BEPS project is that it's great for business - if you happen to be in the business of tax advisory work, that is. This wasn't supposed to happen... Continue Reading »
Brexit Ramifications For Ireland
Amid intensifying uncertainty over Britain's future legal and trading relationships with the European Union, Ireland is looking like an increasingly attractive alternative for UK companies... Continue Reading »
Can anything good really come from referendums? It's the purest form of democracy, but recent history suggests such plebiscites can be more of a hindrance than a help. Enough said about the UK already... Continue Reading »
It's no wonder voters in many countries are feeling aggrieved, ignored and generally disillusioned. Often, it seems they vote for one thing, and get something completely different... Continue Reading »
As I posited last week, 2019 is unlikely to go down in history as the year of bipartisanship in Washington. We're barely a couple of weeks into the 116th Congress and look what's happened already... Continue Reading »
It's the start of a new working year, and in the field of taxation it's very much business as usual. In the United States, taxpayers and their advisers are no doubt still busy poring over the details of reams of proposed new tax regulations... Continue Reading »
Due to its low corporate tax rate, business-friendly government, use of the English language, and its common law heritage, Ireland has become a favoured destination for foreigncompanies entering the EU marketplace, especially those from the United St Continue Reading »
Think the Boston Tea Party or Magna Carta
Tax is something that most people merely grin and bear, albeit through gritted teeth. But it's sometimes much more exciting than that. Indeed, it can change the course of history. Think the Boston Tea Party or Magna Carta... Continue Reading »
by Ulrika Lomas, Lowtax.net, Brussels
12 February, 2019
The EU Code of Conduct Group (Business Taxation) has notified authorities in Barbados, Belize, Curacao, Mauritius, Saint Lucia, and Seychelles that the group considers further changes are needed to their tax regimes to bring them into line with international standards.
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by Mike Godfrey, Lowtax.net, Washington
12 February, 2019
Bermuda's Government has stated that proposals for a rental income tax, detailed in a pre-budget report, were released as part of a consultation exercise and that the proposal for the levy has not been confirmed or formally announced. A decision on whether to include the measure in the Budget will be revealed when it is presented to parliament on February 22, 2019, it said.
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by Mike Godfrey, Lowtax.net, Washington
14 January, 2019
The Bermuda Government has set out its plans to more actively engage in discussions on tax policy internationally, including newly establishing offices in Brussels and Washington DC.
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by Jason Gorringe, Lowtax.net, London
14 January, 2019
The International Stock Exchange (TISE) – formerly the Channel Islands Stock Exchange – has announced there were a record 865 new listings during 2018, up 22.7 percent on 2017.
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by Jason Gorringe, Lowtax.net, London
21 December, 2018
The Aruba Government has released a new fiscal reform plan, which will cut personal taxes and overhaul the property tax regime.
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by Mike Godfrey, Lowtax.net, Washington
21 December, 2018
Caribbean territory Saint Kitts and Nevis announced no new taxes or rate changes in its new Budget. However, it is planning a number of compliance initiatives and legislative amendments to conform with evolving international tax standards.
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by Ulrika Lomas, Lowtax.net, Brussels
03 December, 2018
The UK's recently negotiated Withdrawal Agreement with the EU sets out the arrangements that will apply with regards to Gibraltar.
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by Ulrika Lomas, Lowtax.net, Brussels
03 December, 2018
The OECD has added to its guidance for financial institutions on ensuring that citizenship by investment and residency by investment schemes are not used to circumvent the new international tax information reporting standard, the Common Reporting Standard.
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by Jason Gorringe, Lowtax.net, London
03 December, 2018
The tax authorities of Ireland and Malta have signed a Competent Authority Agreement in a bid to prevent the use of the so-called "Single Malt" tax planning structure.
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by Jason Gorringe, Lowtax.net, London
30 November, 2018
The Gibraltar Government on November 22, 2018, published in its Official Gazette the Income Tax (Amendment) Regulations 2018 to make changes to rules concerning the receipt of income from overseas movable property holdings.
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