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.

10 January 2025

GLOBAL TAX: Global tax cooperation moves forward with adoption of UN framework ToR

The Ad Hoc Intergovernmental Committee on International Tax Cooperation adopted the Draft Terms of Reference (ToR) for a United Nations Framework Convention on International Tax Cooperation in August

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10 January 2025

SOUTH AFRICA: South Africa Enforces 15% Global Minimum Corporate Tax Rate: A Step Towards Fairer Taxation

In a historic move aimed at curbing tax evasion and ensuring fair taxation for multinational corporations, South Africa has officially signed the Global Minimum Tax Act into law, mandating that large

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10 January 2025

US: US government enshrines renewables tax credits

The US Department of the Treasury and the Internal Revenue Service have moved to enshrine certain tax credits under President Joe Biden’s Inflation Reduction Act (IRA) into the American tax code

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10 January 2025

CHINA: China cracks down on smuggling with over 5,700 cases investigated

Anti-smuggling departments of customs across China carried out a series of special campaigns targeting smuggling in 2024, investigating more than 5,700 cases, the Ministry of Public Security said. About

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10 January 2025

GIBRALTAR: Gib strengthens global tax transparency commitment and crypto-asset regulation

Gibraltar reaffirms its commitment to global tax transparency and crypto-asset regulation by adopting the Crypto-Asset Reporting Framework (CARF), with exchanges set to begin by 2027. In a statement

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10 January 2025

CAREY OLSEN: Carey Olsen maintains status as leading TISE listing agent for ninth consecutive year

Press Release from Carey Olsen, Friday 10 January, 2025. Carey Olsen Corporate Finance Limited (“COCFL”) has been confirmed as the leading listing agent on The International Stock Exchange

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10 January 2025

US: The IRS faces more cuts under Trump

Donald Trump’s election with Republican House and Senate majorities has put the Internal Revenue Service back in the spotlight. The agency lost $20 billion in funding under the latest deal to avoid

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10 January 2025

UAE: Taxation of Foreign Banks in Dubai – Administrative Resolution No. 107 of 2024

On 4 December 2024, the General Director of the Department of Finance, Dubai, issued Administrative Resolution No. 107 of 2024 (the “Resolution”), providing guidance on the implementation

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10 January 2025

IRELAND: Ireland boosts corporate tax intake by 18% to 28bn euros

Ireland collected 28 billion euros in corporate taxes in 2024, an 18% increase on what it collected the previous year. This does not include just under 11 billion euros in Apple back taxes which Ireland

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10 January 2025

SINGAPORE: Malaysia unveils tax breaks for new economic zone with Singapore

Malaysia unveiled a slew of tax incentives to lure investors to its joint special economic zone (SEZ) with Singapore that seeks to add US$26 billion ($35.5 billion/RM117 billion) per year to the Malaysian

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