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.

4 October 2024

TAX EVASION: After a Deloitte client’s $2.4B tax dodge faltered, the accounting giant won’t say if it helped others exploit the same loophole

ICIJ reviewed hundreds of pages of court records to examine the Big Four firm’s role in a controversial tax maneuver, which one expert labeled “easily replicable.” Late last year, the Internal

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4 October 2024

AFRICA: Nigerian Government Unveils Tax Reliefs to Revitalize Nigeria’s Oil and Gas Sector

The Nigerian Government has introduced new tax relief measures aimed at boosting investments in deep offshore oil and gas production. This initiative also includes the removal of value-added tax (VAT)

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26 September 2024

Jersey Finance Private Wealth Conference Review

Importance of Embracing Change in a ‘Multipolar World’ Highlighted at Jersey Finance Private Wealth Conference Despite feeling that they are navigating a landscape of perpetual change and fragmentation,

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11 September 2024

Panama Papers trial gets underway with 27 suspects charged

As Reported on MSM.com Wednesday 11 September,  The trial of 27 people connected with the Panama Papers tax evasion scandal began in a Panamanian criminal court on Monday, some eight years after the

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11 September 2024

Pillar 2 and GloBE: The latest update from the OECD

The OECD offered its latest developments and guidance on the global minimum tax rules and their implications for multinational corporate tax departments — Here’s a brief overview The 38 member-countries

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11 September 2024

Government urged to act after four more tax avoidance schemes identified

As reported in LondonLovesBisiness.com on wednesday 11 September, HMRC has added four more tax avoidance schemes to its list of known avoidance promoters. The update, issued on 5 September, should

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11 September 2024

IRELAND: Apple Must Pay $14.4 Billion to Ireland in Crackdown on ‘Sweetheart Deals’

Apple has been ordered to pay €13 billion ($14.4 billion) of back taxes to the Irish state, in a court ruling that ended a decade-long fight between Europe and the big tech company. In a judgment

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23 August 2024

UK: UK to lose half a million millionaires by 2028

The number of millionaires in the UK is set to fall by 17% over the next years, according to a report that shows that people are getting richer across the globe. The UK had over three million adults

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23 August 2024

GREECE: Internationals Rushing to Buy Properties in Greece Ahead of New Golden Visa Changes

Foreigners are rushing to buy properties in Greece to acquire residency through the Golden Visa Program ahead of the new changes. From September 1, the minimum investment requirement for golden visas

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23 August 2024

UK: Named and Shamed – HMRC lists 92 tax avoidance schemes

HM Revenue & Customs has named 92 schemes which it says are involved in tax avoidance – and it admits this isn’t the complete list. There has been controversy for some years over the status

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