US: Trump win puts global corporate tax deal ‘in peril’

Attempts to stop some of the world’s biggest companies shifting profits across borders to avoid paying tax are “in peril” following Donald Trump’s definitive win in the US presidential election, experts said.

A global deal inked at the Paris-based OECD in 2021 was expected to raise the tax take from the world’s biggest multinationals by up to $US192 billion a year. Several countries – including EU member states, the UK, Norway, Australia, South Korea, Japan and Canada – partly introduced the pact this year.

27 December 2024

CAREY OLSEN: Seven Carey Olsen lawyers called to the Jersey Bar

Press Release from Carey Olsen, Friday 27 December, 2024. Seven Carey Olsen lawyers were called to the Jersey Bar this week. Carey Olsen counsel Lizzie Chamberlain, Julie Currie and Arindam Madhuryya,

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26 April 2024

US: IRS Uses AI to Detect Crypto Tax Fraud

The Internal Revenue Service (IRS) is enhancing its oversight of cryptocurrency transactions through the use of artificial intelligence (AI). In a groundbreaking move, the IRS released a draft of Form

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26 February 2024

ANTIGUA & BARBUDA: Antigua & Barbuda’s citizenship program shows promising growth as CEO reveals big changes in 2024

With applications surging at an average growth rate of 14.3% between 2013 and 2023, Antigua & Barbuda’s Citizenship by Investment program (CIP) is slated to see a significant increase in application

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19 December 2024

EU: New rules for withholding tax procedures adopted

The Council of the EU officially adopted the FASTER Directive on 10 December 2024. This is after re-consulting with the European Parliament concerning the agreement of the Council of the EU on the compromise

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