Cyprus Tax Amendments
The Cyprus House of Representatives has made a series of tax reforms on the 9 July 2015 in order to make the jurisdiction more attractive. There are also a number of reforms that have been deferred until [...]
The Cyprus House of Representatives has made a series of tax reforms on the 9 July 2015 in order to make the jurisdiction more attractive. There are also a number of reforms that have been deferred until [...]
The Free Trade Agreement was signed between the countries in June 2009, but was not effected until July 2014 and has now been fully implemented as of 1 July 2015. It is hoped that this will allow [...]
On 1 July 2015 The South African Revenue Service (SARS) published ruling No 197 whereas a South African resident receiving a distribution from a foreign trust and then subsequently using this to buy foreign property and having [...]
Start-up companies in Ireland can benefit from an exemption from paying corporation tax for the first three years of their existence. The purpose is to alleviate some of the burden and allow new companies to get abreast of [...]
In October 2014 The Companies (Amendment) Bill was passed by Parliament, this amendment was the consequence of a comprehensive review of the Companies Act which began in 2007. The amendment is being implemented in two stages, the [...]
During the negotiation stage prior to the implementation of the Foreign Account Tax Compliance Act by the US the British Virgin Islands managed to negotiate what the US Treasury is referring to as ‘more favourable terms’ than [...]
In the last two decades migration has seen a dramatic increase leading to a lot of negative press. There are, however, different types of persons that migrate and among them are what are commonly known [...]
Trusts in the United Kingdom created on or after 6 April 2010 when the Perpetuities and Accumulations Act 2009 came into force automatically have a perpetuity period of 125 years even if the trust document specifies [...]
Following objections to India’s decision to allow retrospective levy’s of minimum alternate tax (MAT) on previous year’s investment returns this has now been suspended and the government has now clarified that the tax department will [...]
In the Budget held in the UK in early July it was confirmed that estate planners may continue to use multiple trusts as a means to manage assets particularly in the event of death providing that they [...]