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.
Press Release from Carey Olsen, Friday 4 April, 2025. Carey Olsen’s investment funds team in Guernsey, together with the Guernsey funds team of global investor services group IQ-EQ, have advised
Last month’s steep increase in Singapore’s carbon tax illustrates the commitment the country has made to bringing about a carbon-neutral future. Without government intervention and regulation,
At least $24.2 billion worth of crypto was sent to illicit crypto wallet addresses in 2023, including addresses identified as sanctioned or linked to terrorist financing and scams, crypto research firm
India could lose over $2 billion in tax revenue from cryptocurrency transactions over the next five years due to its tax policies driving traders to offshore platforms, according to a recent report.