News Stories Tagged 'insurance'
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Crown Dependencies Add To Economic Substance Guidance
by Jason Gorringe, Lowtax.net, London
10 May, 2019
The UK Crown Dependencies have added to joint guidance issued in December 2018 on the economic substance requirements that are effective for accounting periods commencing on or after January 1, 2019.
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BVI Supporting Firms To Comply With Economic Substance Code
by Mike Godfrey, Lowtax.net, Washington
10 May, 2019
The British Virgin Islands financial services promotional agency BVI Finance has held educational sessions on the new draft Economic Substance Code in the BVI, London, and Hong Kong.
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EU Warns Six States On 'Harmful' Tax Regimes
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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Bermuda Seeks Greater Say In Int'l Tax Policy Talks
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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Record Year For UK Crown Dependencies' Stock Exchange
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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Barbados To Shutter IBC Regime, Remove Harmful Tax Provisions
by Mike Godfrey, Lowtax.net, Washington
16 November, 2018
Barbados's Minister of International Business and Industry, Ronald Toppin, has confirmed that the territory will soon repeal a number of tax measures that are considered to be contrary to new international standards on harmful tax regimes.
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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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Bahamas, Aruba Hiked Consumption Tax Rate On July 1
by Mike Godfrey, Lowtax.net, Washington
04 July, 2018
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Bahamas To Hike VAT To 12 Percent
by Mike Godfrey, Lowtax.net, Washington
04 June, 2018
The Bahamas Government has announced that it will hike the value-added tax rate from 7.5 percent to 12 percent from July 1, 2018.
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Hong Kong Legislates For Health Insurance Tax Relief
by Mary Swire, Lowtax.net, Hong Kong
22 May, 2018
Hong Kong's Government has gazetted a bill to provide a tax incentive for the take up of private health insurance, as announced in the 2018-19 Budget.
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