Ireland has failed to implement three EU directives, prompting the European Commission to issue it with a letter of formal notice.
It has not implemented on the VAT fraud directive, the Emissions Trading System Directive nor the Common Charger Directive.
There are 26 member states which have not yet notified full transposition measures for 11 EU directives in the fields of justice, internal market and SMEs, taxation and customs, health, climate, home affairs, and financial services.
Member states concerned now have two months to reply to the letters of formal notice and complete their transposition, or the Commission may decide to issue an opinion.
South Korea will begin implementing the OECD’s crypto asset reporting framework (CARF) next year. The framework allows for the exchange of virtual asset transaction information with countries around
The head of the Internal Revenue Service (IRS) has recently shed light on a staggering financial oversight, revealing that the nation’s wealthiest individuals are bypassing over $150 billion in
The UK government is set to introduce several significant changes to Inheritance Tax (IHT) rules in April 2025. These updates, announced last year, will alter how IHT is applied across various assets.
The value of Bitcoin has reached a new high, just days after the previous record was broken. On Monday morning one Bitcoin, the best-known cryptocurrency, could buy $72,219 (£56,303). The price of