News & Publications

Legal News

In addition to publishing newsletters on a regular basis, Edlescher issues advisories and alerts to keep our clients informed of breaking news and legal developments.

To receive our publications, please email info@edlescher.com.

27 June 2025

US: ‘Open Season for Wealthy Tax Cheats’ as Republicans Confirm Trump IRS Pick Billy Long

The Republican-controlled U.S. Senate voted Thursday to confirm scandal-plagued Billy Long to serve as head of the Internal Revenue Service, an agency that he sought to abolish during his tenure in

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27 June 2025

SOUTH AFRICA: Existing tech tools enough to tackle tax-dodgers, says SARS

he South African Revenue Service (SARS) argues it does not need any additional technology to go after taxpayers who are not meeting their obligations. It is counting on the fact that what it already

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27 June 2025

UK: HMRC ramps up efforts against wealthy tax evasion

HM Revenue & Customs’ tax unit, known for targeting the affluent, has more than doubled its revenue from wealthy individuals in a single year, amassing over £1.5 billion in 2023-24 amidst

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27 June 2025

EU: EU targets Trump’s ‘Big Beautiful Bill’ over tax provision in tariff talks

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

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27 June 2025

UK: Millionaire exodus did not occur, study reveals

A millionaire exodus widely reported by news outlets around the world in 2024, and credited for the UK Labour government’s decision to weaken tax reforms, did not occur, the Tax Justice Network reveals.

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27 June 2025

SWITZERLAND: Swiss beneficial owner register to tackle money laundering

Switzerland will introduce a federal register to list the beneficial owners of shell companies to combat money laundering. The House of Representatives has backed a draft Bill that had been largely

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27 June 2025

EU: EU states enabling tax evasion, says 2025 Financial Secrecy Index

EU member states are enabling tax evasion, according to the 2025 Financial Secrecy Index. The report, published by the UK-based Tax Justice Network, found EU countries now account for 21% of global

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26 June 2025

UAE: EU Removes UAE from Money Laundering Risk List, Adds Lebanon, Algeria, and Monaco

While the UAE was delisted, the European Commission added Lebanon, Algeria, and seven other countries due to deficiencies in anti-money laundering frameworks. The European Union announced Tuesday the

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26 June 2025

US: Trump Teases More Crypto Action in Prerecorded Coinbase Summit Address

Trump delivered a pre-recorded message to Coinbase’s State of Crypto Summit, marking only his second direct address to the crypto sector as president. He emphasised his commitment to implementing

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26 June 2025

BRICS: BRICS Countries Develop Shared Position on Climate Finance

In its capacity as the 2025 Presidency of the BRICS alliance and incoming Presidency of the UN Climate Change Conference (UNFCCC COP 30) in November, Brazil announced the BRICS’ approval of the bloc’s

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