The Hong Kong Information Services Department confirmed the country’s commitment to implementing the Crypto-Asset Reporting Framework (CARF). This initiative aims to bolster international tax transparency and address cross-border tax evasion.
The Government plans to begin automatic exchanges with relevant jurisdictions under CARF starting in 2028.
Legislative amendments necessary for CARF implementation are expected to be in place by 2026.
The EU is wrangling over a provision of Donald Trump’s so-called “Big Beautiful Bill” for the US budget that could see European companies taxed higher than others in retaliation for
The number of HMRC investigations into serious tax fraud and avoidance has fallen to the lowest level in six years, new figures show. Total investigations, known as Code of Practice eight and nine cases,
New energies are being devoted to the use of VAT as a tool to promote environmental sustainability and support its ambitious green policy agenda. The European Commission’s VAT Expert Group (VEG) is
Press Release from Carey Olsen, Wednesday 18 September, 2024. Carey Olsen’s investment funds team in Guernsey has advised European private equity firm Inflexion Private Equity Partners LLP (“Inflexion”)