HONG KONG: Croatia, Hong Kong agree to avoid double taxation

Croatia and Hong Kong signed an agreement to avoid double taxation of income and property, and prevent tax evasion in a bid to boost bilateral trade of goods and services, the Croatian finance ministry said.

The deal was signed during a visit by Croatian finance minister Marko Primorac to Hong Kong, the finance ministry said in a press release on Friday.

Croatia’s exports of goods to Hong Kong rose 44% on the year to 12.50 million euro ($13.5 million) in the first 10 months of 2023, the Croatian statistical office said earlier this month. Croatia imported 2.2 million euro worth of goods from Hong Kong in the review period, down from 4.6 million euro in the same period of 2022.

7 March 2025

EU: EU lost €13 billion to fraud and tax evasion in 2024

The European Public Prosecutor’s Office (EPPO) opened 1,504 new investigations last year into fraud involving subsidies and tax evasion, according to its 2024 annual report. The total damage to the

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26 June 2025

UAE: UAE Central Bank fines exchange house Dh200m for breaking anti-money laundering rules

An exchange house has been fined Dh200 million ($54.45 million) by the UAE Central Bank for breaching anti-money laundering regulations, as the fight against illegal financial activity continues. The

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20 March 2025

US: Bitcoin price rises ahead of Trump’s speech at crypto summit

Bitcoin’s (BTC-USD) price has surged ahead of US president Donald Trump’s anticipated address at the Digital Asset Summit (DAS) in New York on Thursday. Bitcoin rose more than 3% on Thursday

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22 November 2024

SWITZERLAND: Switzerland’s FINMA warns of money laundering risks with crypto

In its 2024 Risk Monitor report, the regulator noted that cryptocurrencies, including stablecoins, are increasingly used for cyberattacks, payments for illegal dark web activities, and evading sanctions

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