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.

7 March 2025

IRELAND: Irish fintech increased almost 300% in 2024

2024 was a positive year for the Irish fintech market, with funding reaching $237.95 million across 25 deals; this was a significant increase (291%) compared to last year were $60.83 million was raised

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7 March 2025

AFRICA: Mounting pressure for wealth tax on Africa’s super-rich

While all governments battle to find funds for better healthcare, schools, roads and other services, African countries are disproportionately groaning under an ever-increasing debt burden. For years

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28 February 2025

US: Beneficial Ownership Information (BOI) Reporting Requirements are Back

On February 17, 2025, the U.S. District Court for the Eastern District of Texas, in Smith et al. v. U.S. Department of the Treasury et al., stayed (lifted) the injunction blocking the enforcement of

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28 February 2025

US: IRS Rooting Out Offshore Tax Evasion With ‘John Doe’ Subpoenas

The IRS has long investigated taxpayers who evade federal tax obligations by concealing taxable income in offshore tax havens or jurisdictions that provide for financial secrecy. Historically, the agency

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28 February 2025

INDIA: Volkswagen faces $2.8 billion tax dispute in India over import misclassification

Indian tax authorities have accused Volkswagen of evading ₹1.4 billion in taxes by misclassifying car imports over 12 years. The company now faces a potential tax liability of $2.8 billion, including

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28 February 2025

GREECE: Greek Government Intensifies Tax Evasion Crackdown

Minister Hatzidakis reports substantial revenue increases as checks target nightclubs and entertainment venues.The Greek government is stepping up its efforts to tackle tax evasion, particularly within

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28 February 2025

EU: Pressure grows on 8 EU countries to slash ‘paradoxical’ power taxes

Continued elevated electricity prices are upping the pressure on the eight holdout EU countries that cling to their high power tax rates.  For years, the EU has struggled with reforming the bloc’s

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28 February 2025

SINGAPORE: AI and Blockchain Innovations Propel Singapore’s Fintech Evolution Amid Investment Recalibration

Singapore’s fintech sector recalibrated in 2024, with investment totaling US$1.3 billion, the lowest level since 2020. This strategic pivot reflects a global trend as fintech investment reached

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28 February 2025

EU: Italy demands 12.5 million euros from X over tax probe

Italy is demanding 12.5 million euros ($13 million) from Elon Musk’s social network X following a tax probe linked to a broader investigation into Meta. The case, which focuses on value-added tax

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28 February 2025

CAREY OLSEN: Carey Olsen advises Achilles Investment Company Limited on London Stock Exchange IPO

Press Release from Carey Olsen, Friday 28 February, 2025. Carey Olsen’s corporate team in Guernsey has advised Achilles Investment Company Limited on its establishment and admission to trading

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