GREECE: Gov’t boosting massive investment program and tax reductions from surplus revenues fighting tax evasion

The positive circumstances for the massive investment program funded by the Recovery Fund and NSRF, as well as from the significant rise in revenues due to the curtailment of tax evasion, create conditions to cover the investment gap in Greece and reduce tax burdens for taxpayers, the government’s financial team say.

Greece has a tremendous opportunity to establish its high growth rates in the coming years and restore unfairness in taxation policy that are grounded in the era of memorandums, they say.

Based on these new facts, the economic policy will focus on two overriding priorities:

a. Speedy absorption of Recovery Fund resources and funding of European programs through NSRF, along with the fast signing off of the projects, in order to contribute to the economy’s growth the soonest possible, and

b. Continuing the containment policy of tax evasion with measures such as digitizing transactions and with inspections by the Independent Authority for Public Revenue (AADE).

26 April 2024

White Paper Finds Fund Domiciles will be ‘Front and Centre’ of Tokenisation Trend

Press Release from Jersey Finance, Wednesday 24 April, 2024.  Asset managers can expect to feel the full impact of tokenisation before the end of this decade – but fund domiciles need to keep up

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8 November 2024

CAREY OLSEN: Carey Olsen lawyers achieve 31 individual rankings in The Legal 500 Caribbean 2025

Press Release from Carey Olsen, Friday 8 November, 2024. Carey Olsen lawyers have secured 31 individual rankings in the 2025 edition of The Legal 500 Caribbean, including 18 ‘Leading Partner’

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29 February 2024

CHINA: China securities regulator to tighten scrutiny of derivatives, high-frequency trading

China’s securities regulator said on Wednesday it will tighten scrutiny of derivative businesses in the stock market, and announced punishment of a hedge fund company for excessive, high-frequency

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6 December 2024

EU: EU mulls customs admin tax on non-EU seller platforms

Chinese and other non-EU seller marketplaces may face customs admin charge in response to alleged widespread tax evasionEuropean Commission officials are reported to be considering a new customs administration

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