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.

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

Read More
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

Read More
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

Read More
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

Read More
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

Read More
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

Read More
22 August 2024

AFRICA: Nigeria SEC Plans to Approve Crypto Platforms as Use Grows

Nigeria’s SEC to license digital asset providers, ensuring market regulation.Despite a ban, Nigerian traders stay active, with SEC aiming for balanced fintech growth.Nigeria is on the cusp of a financial

Read More
22 August 2024

US: Hunter Biden set to stand trial in September for tax evasion case

Hunter Biden is set to stand trial on federal tax charges in early September, and during a pre-trial hearing Wednesday, the legal team for President Joe Biden’s son and prosecutors appear in a

Read More
22 August 2024

US: Witnesses at IRS Hearing Call for Easing of Foreign-Trust Rules

Foreign retirement plans should be exempt, speakers say Awareness of rules called “minimal,” penalties too harsh US citizens who live and work abroad need more clarity from the IRS to prevent them

Read More
21 August 2024

CHINA: China’s supreme court alters AML law to encompass virtual assets

The Supreme People’s Court of the People’s Republic of China (SPC) has reworked its interpretation of the region’s AML laws to include virtual asset transactions. As part of a conference that

Read More