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India and Mauritius have signed the protocol amending their Double Taxation Avoidance Agreement (DTAA), which now incorporates the Principal Purpose Test (PPT). This provision serves as a criterion
Millionaires are currently being taxed at half of the effective tax rate they were paying in the mid-20th century, a new report finds, as the tax code has become increasingly regressive and wealth inequality
While Singapore still holds advantages in location, language proficiency, and financial services, rising costs are prompting Japanese and European companies to consider relocating specific functions,
Hong Kong’s upcoming exchange-traded funds (ETF) that invest directly into cryptocurrencies could be attractive to many Asian investors, industry insiders say, but demand may still be a trickle compared
The International Monetary Fund upgraded its 2024 view for economic output growth in Latin America and the Caribbean to 2.0% from its January estimate of 1.9%, though it still expects a slowdown, the
Crypto giant Binance has processed Iranian transactions with a value of $8 billion since 2018 despite U.S. sanctions intended to cut Iran off from the global financial system, blockchain data show.
Henley & Partners, a prominent name in residence and citizenship by investment, has released the 2024 edition of the Global Citizenship Program Index of which three Caribbean Islands are featured.
The Kenya Revenue Authority (KRA) is reportedly considering a new transfer pricing database, allowing its agents to review multinational company transactions to detect tax evasion and ensure compliance.Installing
The prosecution sought 12-year prison sentences Wednesday for the founders of a now-defunct law firm at the center of the so-called “Panama Papers” tax evasion scandal. Jurgen Mossack and
Press Release from Carey Olsen, Friday 19 April, 2024. Carey Olsen has advised investment services firm Sanctum FI LLP (“Sanctum”), the investment manager of Financial Science Holdings