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.

26 June 2025

CARIBBEAN: US Powerful Travel Ban Threatens Caribbean Citizenship by Investment Programs

The United States has imposed a powerful travel ban that threatens the Caribbean Citizenship by Investment (CBI) programs, impacting nations such as Antigua and Barbuda, Dominica, Grenada, Saint Kitts

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11 April 2025

CANADA: Poilievre promises to raise up to $1B by cracking down on offshore tax havens

Conservative Leader Pierre Poilievre is promising to crack down on the use of offshore tax havens and recover as much as $1 billion a year in lost revenues. In a video posted on X, Poilievre said the

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29 November 2024

CRYPTO: 40% rise in crypto ownership will ramp up tax compliance activity warns BDO

The 40% rise in the number of Britons owning crypto-assets revealed by the latest FCA survey will lead to a ramping up of compliance activity against those who fail to pay the correct tax on their crypto

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18 July 2025

UK: UK government decides against green taxonomy

The UK government has decided not to introduce a green taxonomy, saying it would focus on policies that industry feedback indicated would have a greater impact.In a note about the outcome of its consultation,

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