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.

18 October 2024

SOUTH AFRICA: SARS Pushes Crypto Tax Compliance for South African Traders

Efforts by the South African Revenue Service (SARS) to guarantee that all crypto assets owned by South Africans are correctly recorded for tax reasons are intensifying. Given an estimated 5.8 million

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18 October 2024

CHINA: China targets ultra-rich with enforcement of offshore investment tax

China has begun enforcing a long-overlooked tax on overseas investment gains by the country’s ultra-rich as it seeks to expand revenue sources amid a slumping economy and declines in domestic land

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11 October 2024

PANAMA: Panama lashes out at EU over tax haven ‘outrage’

Panama on Thursday lashed out at the European Union for keeping the country on its tax haven blacklist despite its efforts to crack down on tax evasion. President Jose Raul Mulino said he had asked

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11 October 2024

SOUTH AFRICA: Sars Confirms Criminal Sanctions for Crypto Non-Compliance

Sars confirms ability to receive information directly from local crypto asset exchanges, to ensure non-compliance is both hard and costly for taxpayers! Looking beyond the borders of South Africa, the

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11 October 2024

US: Trump vows to eliminate US income taxes on Americans abroad

His pledge could simplify the tax obligations for US citizens who live overseas. Americans, regardless of where they live in the world, have to file tax information with the Internal Revenue Service

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11 October 2024

UK: UK & Seychelles Announce Beneficial Ownership Transparency Initiative

“We want to revise the beneficial ownership database, and we are being assisted by the U.K. to implement a new framework,” said Secretary of State Patrick Payet, according to the government-funded Seychelles

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11 October 2024

GREECE: Greek Tax Authorities Say Over 215,000 Tax Evasion Complaints Recorded

The appodixi digital platform produced 28,910 complaints, of which 3,879 are anonymous, and 25,031 are eponymous An online digital platform launched by the Greek tax authorities called “appodixi”

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11 October 2024

PORTUGAL: Portugal tries to tempt under-35s with tax cuts

The Portuguese government is to slash taxes for people aged 35 and under, in an attempt to dissuade young people from emigrating and encourage foreigners to settle in Portugal. As part of the budget

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11 October 2024

IRELAND: EU’s Apple ruling leaves Ireland with ‘too much money’

If you were to visit Dublin and take a short trip down the Liffey towards the Docklands, you’d see some buildings made of mostly glass and steel along its banks. These buildings, in proud letters,

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11 October 2024

EU: EU drops Antigua and Barbuda from tax haven blacklist

The European Union removed Antigua and Barbuda from its tax haven blacklist on Tuesday, an instrument that has been slammed as ineffective in the past by anti-poverty groups. The list, approved by the

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