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 December 2024

US: Washington State’s Wealth Tax Debate Is Heating Up

The Democratic Party may control the government in Washington state, but opinions are sharply divided regarding the potential implementation of a 1% wealth tax in 2025. The tax proposal, analyzed in

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27 December 2024

CAREY OLSEN: Seven Carey Olsen lawyers called to the Jersey Bar

Press Release from Carey Olsen, Friday 27 December, 2024. Seven Carey Olsen lawyers were called to the Jersey Bar this week. Carey Olsen counsel Lizzie Chamberlain, Julie Currie and Arindam Madhuryya,

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27 December 2024

PANAMA: Trump Organization Accused of Tax Evasion in Panama

What’s NewPresident-elect Donald Trump has started a quarrel with Panama over the fees it’s charging American ships to use the Panama Canal, while the Trump Organization is fighting a court

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27 December 2024

US: Bill Introduced to Modify Taxation of U.S. Citizens Living Overseas

On December 18, 2024, U.S. Representative Darin LaHood, a Republican from Illinois, introduced a bill that would implement a residence-based system of taxation for U.S. citizens living overseas and

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27 December 2024

ASIA: Kuwait approves 15% Tax law for multinational entities

The Kuwaiti Cabinet has approved a draft decree-law imposing a 15% tax on multinational entities operating across multiple jurisdictions, aligning with global tax regulations. This law, aimed at curbing

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27 December 2024

ASIA: India risks losing $2b in tax revenue as crypto traders shift to offshore platforms

India could lose over $2 billion in tax revenue from cryptocurrency transactions over the next five years due to its tax policies driving traders to offshore platforms, according to a recent report.

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27 December 2024

CRYPTO: Rising crypto scams in France trigger crackdown by authorities

The rise of crypto has become a breeding ground for financial scams in France, contributing to a surge in fraudulent activity that has authorities scrambling to protect consumers. The Paris Public Prosecutor’s

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27 December 2024

US: Corporate Transparency Act reporting requirements reinstated

On December 23, 2024, a three-judge panel of the United States Court of Appeals for the Fifth Circuit stayed the nationwide preliminary injunction, reinstating the reporting requirements under the Corporate

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27 December 2024

AFRICA: South Africa invites public feedback on new anti-money laundering bill

The National Treasury has published the draft General Laws (Anti-Money Laundering and Combating Terrorism Financing) Amendment Bill, 2024, for public comment.The bill aims to enhance South Africa’s

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20 December 2024

EU: The 53% reduction in VAT evasion brings new tax cuts

In the wake of the pandemic, tax evasion in the VAT is up in Europe, but down drastically in Greece. And every reduction in tax evasion achieved on a permanent basis paves the way for new -permanent-

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