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 March 2024

UAE: What’s behind Dubai’s new 20% tax on foreign banks?

UAE’s Vice President and ruler of Dubai Mohammed bin Rashid Al Maktoum announced a new tax on foreign banks in the emirate on Thursday, representing another change to the country’s tax landscape.

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11 March 2024

EU: EU nations fast-track crypto law ahead of MiCA deadline

The crypto sector within the 27-nation European Union bloc is undergoing significant changes as countries prepare for the implementation of the Markets in Crypto-Assets (MiCA) regulation. The recent

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6 March 2024

CHINA: Chinese Investors Rush Abroad, Hitting Outbound Investment Limit

Chinese money is pouring into funds invested in offshore assets at breakneck speed, butting up against outbound investment limits and complicating Beijing’s efforts to revive domestic markets

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6 March 2024

IRELAND: Ireland told to shore up corporate tax laws to prevent wealthy from committing tax fraud and evasion

UN’s top human rights watchdog says measures ‘must be strengthened’ so loopholes cannot be exploited to hide profits. The UN’s most senior human rights watchdog has told Ireland to shore up

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6 March 2024

US: Treasury Department, IRS Release Final Rules on Clean Energy Tax Credits

The U.S. Department of the Treasury and IRS have released final rules on Inflation Reduction Act provisions that aim to expand the reach of the clean energy tax credits. The Act created the new elective

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5 March 2024

US: New rules require beneficial ownership reporting to FinCEN

New rules under the Corporate Transparency Act (CTA) now require many corporations, limited liability companies and other entities to report beneficial ownership and other information to the Financial

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5 March 2024

FINTECH: Bitcoin surges to a new record high as mainstream money flows into crypto

Bitcoin surged to its all-time high on Monday, shaking off a more than two-year rut that put the future of the entire crypto ecosystem in question. Bitcoin, the world’s first and by-far largest digital

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5 March 2024

UK: Taxing Wealth Report 2024 Unveils £90 Billion Revenue Plan

The Taxing Wealth Report 2024 illuminates a path to a fairer economy by proposing tax reforms to generate £90 billion annually, challenging fiscal myths. In anticipation of the upcoming UK budget,

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5 March 2024

EU: EU Slaps $2 Billion Anti-Trust Find On Apple Following Spotify’s Complaint

The EU’s investigation was announced after Swedish music streaming company Spotify filed an antitrust complaint over so-called “Apple Tax” in 2020. London: The European Union on Monday

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5 March 2024

INVESTMENT: Bermuda and UAE Strengthen Economic Ties

At the recent Investopia conference held in Abu Dhabi, United Arab Emirates, Bermuda’s Minister of Economy and Labour, the Hon. Jason Hayward, took significant steps to promote Bermuda as a leading

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