The European Union removed Antigua and Barbuda from its tax haven blacklist on Tuesday, an instrument that has been slammed as ineffective in the past by anti-poverty groups.
The list, approved by the EU’s member states, now counts 11 jurisdictions deemed non-cooperativeg for tax purposes, particularly where it comes to sharing tax information.
It now has: American Samoa, Anguilla, Fiji, Guam, Palau, Panama, Russia, Samoa, Trinidad and Tobago, US Virgin Islands, and Vanuatu.
“The Council regrets that these jurisidictions are not yet cooperative on tax matters and invites them to improve their legal framework in order to resolve the identified issues,” the council, made up of the EU’s 27 member states, said in a statement.
China said on Thursday it will temporarily exempt foreign firms from paying provisional income tax on profits they re-invest into the economy, in a bid to stop foreign firms shifting their operations
Institutional investors still like to invest in hedge funds but they are less enthusiastic about them right now and holding back allocations to those strategies until next year, according to Preqin’s
BRUSSELS, 26th November, 2024 (WAM) — Italy’s Bruna Szego was chosen as the chair of the European Union’s new Anti-Money Laundering Authority (AMLA) on Monday following a three-hour
New research released this week by RBC Wealth Management (part of the Royal Bank of Canada) looks at the top financial concerns of wealthy individuals across the UK in 2024. Inheritance tax, gifting