EU: European Commission puts forward proposal (DAC9) to simplify Pillar 2 implementation

The European Commission has proposed amendments to the European Union (“EU”) Directive on administrative cooperation in taxation (“DAC9”). These changes aim to facilitate the exchange of top-up tax information between Member States and allow multinational enterprises to switch from local to central filing.

Once adopted by the Council of the EU and the EU Parliament, governments have until 31 December 2025 to implement DAC9. Thus, multinational enterprises and large domestic groups will be able to file a single top-up tax information return in one EU Member State instead of multiple filings across different Member States.

25 March 2025

US: Trump administration selling 1,000 ‘Gold Card’ visas daily

The US is selling 1,000 “Gold Card’ visas daily under a controversial program introduced by President Donald Trump, which offers a direct path to citizenship for individuals willing to invest

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25 March 2025

VANUATU: Vanuatu to draft new passport regulations

Vanuatu’s government has announced a suspension of new applications for its Citizenship For Investment Program. Commonly known as Vanuatu’s Golden Passport, the scheme offers, citizenship

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7 February 2025

US: US scores own goal on day one of UN tax negotiations

The US walked out alone from an overwhelmingly positive kick off to the UN tax negotiations yesterday, after failing to rally any other country to answer its plea to join a walkout.1 Following an opening

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10 January 2025

US: The IRS faces more cuts under Trump

Donald Trump’s election with Republican House and Senate majorities has put the Internal Revenue Service back in the spotlight. The agency lost $20 billion in funding under the latest deal to avoid

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