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Main takeaways: On 23 May 2024, the Minister of Finance submitted a draft law No. 8388 with the Luxembourg Parliament (the “Draft Law”) proposing several new tax measures, mainly: Amendment and
Ireland dropped its opposition to an overhaul of global corporate tax rules on Thursday, agreeing to give up its prized 12.5% tax for large multinationals in a major boost to efforts to impose a minimum
Minister for Financial Services Lorna Smith has announced that the BVI intends to host its first financial services trade show in Shenzhen, China in early 2025, as the jurisdiction seeks to strengthen
The AML Regulation and the new AML DirectiveArguably the most important change will be the introduction of a Regulation that will apply directly in all Member States. This will mean that most of the
The Georgian Parliament did not consider the president’s substantiated remarks presented during the veto procedure on the offshore law and thus overrode the veto. In her remarks, Georgian president Salome
South African taxpayers have historically been successful at resisting forced government policies they deem unjust—and failing that, thousands have just called it quits on the country altogether.
St Kitts-based CIP Agent, MSR Media, has filed a lawsuit against the government of St Kitts in Florida under the Racketeering Influenced and Corrupt Organizations (RICO) Act, claiming that the Kittian
European Union taxpayers held assets worth at least $1.6 trillion offshore in 2016, equal to nearly 10% of the bloc’s output, the European Commission said on Friday, estimating tax revenue losses
Group of Seven countries are at odds over how to tax the world’s richest individuals as finance officials prepare for a meeting in Stresa, Italy. An early draft communique contained language on
Today, the European Commission decided to refer Spain to the Court of Justice of the European Union for failure to ensure correct implementation of the Merger Directive on the common system of taxation