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.

6 December 2024

US: Treasury finalizes tax credit rules to aid renewables

The Treasury Department finalized rules for a major clean energy tax cut Wednesday. The credit, extended by the 2022 Inflation Reduction Act, is a potential boon for offshore wind, geothermal, energy

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6 December 2024

INDIA: Binance accused of tax evasion by India’s finance department

India’s Finance Ministry has alleged crypto exchange Binance evaded almost $85 million in tax – the vast majority of around $96 million it claims digi-dollar outfits haven’t paid. Binance’s

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6 December 2024

EU: EU mulls customs admin tax on non-EU seller platforms

Chinese and other non-EU seller marketplaces may face customs admin charge in response to alleged widespread tax evasionEuropean Commission officials are reported to be considering a new customs administration

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6 December 2024

US: Trump Pick to Lead IRS Signals ‘Open Season for Tax Cheats’

U.S. President-elect Donald Trump’s nominee to run the Internal Revenue Service, former Rep. Billy Long, didn’t serve on the House committee tasked with writing tax policy during his six

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6 December 2024

SOUTH AFRICA: South Africa sets climate finance and debt relief as G20 presidency focus

South Africa’s G20 presidency next year will focus on mobilising finance for nations stricken by climate-induced disasters and extending debt relief for developing countries, President Cyril Ramaphosa

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6 December 2024

US: Biden pardons son on arm and tax evasion charges

Backtracking on his own words, US President Joseph Biden Sunday announced he had pardoned his son Hunter on two criminal charges, claiming they were politically motivated. “No reasonable person looking

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6 December 2024

CITIZENSHIP: “Golden Visa” Industry Seen Surging To $100 Billion In 2025 – Report

For all the criticisms and restrictions that are sometimes directed at these schemes, the authors of a new report reckon that the market for citizenship and residency could reach $100 billion in 2025.

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6 December 2024

EU: EU ends tax aid probes into major companies

The European Commission announced the closure of its state aid investigations into tax rulings granted to Amazon, Fiat, and Starbucks by Luxembourg and the Netherlands. Initially, the Commission

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6 December 2024

EU: EU ViDA – Parliament reconsultation underway

VAT in the Digital Age agreed at ECOFIN 5th November; compromise changes returned to EU Parliament before final acceptance by Counsel EU Finance Ministers gave political agreement to ViDA on 5th November

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6 December 2024

US: Roger Ver moves to dismiss US tax evasion charges as ‘unconstitutional’

Roger Ver argued that the IRS exit tax for renounced US citizens with over $2 million in assets is unconstitutional and “impermissibly vague.” Roger Ver — also known as Bitcoin Jesus — urged

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