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.

30 May 2024

AFRICA: Tax revolt in South Africa is already happening

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.

Read More
30 May 2024

ST KITTS: Saint Lucia distances itself from St Kitts CIP lawsuit

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

Read More
30 May 2024

EU: Cyprus, Malta lead EU ranking of $1.6 trillion assets held offshore

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

Read More
25 May 2024

US: Billionaire Tax Rejected by US Causes Split Ahead of G-7

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

Read More
25 May 2024

EU: EU Sues Spain Over Failure to Implement Merger Tax Rules

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

Read More
24 May 2024

Binance Tax Evasion Case Adjourned After Executive No-Show

Nigeria’s tax handling agency, Federal Inland Revenue Service (FIRS), filed a tax evasion case against Binance Holdings Limited earlier this year. The case, set for a Federal High Court in Abuja,

Read More
24 May 2024

SINGAPORE: Singapore issues S$2.5 billion green bonds

The Singapore government returned to the Singapore dollar bond market on May 21 with another issuance of green bonds amounting to S$2.5 billion (US$1.85 billion). This is Singapore’s third offering

Read More
24 May 2024

UK: IMF warns Tories against further UK tax cuts

Amid a higher debt burden, U.K. should not be considering pre-election tax cuts, forecaster says. The International Monetary Fund advised Chancellor Jeremy Hunt against additional tax cuts in its annual

Read More
24 May 2024

UAE: corporate tax registration deadlines approaching: initial steps towards compliance

To ease the compliance burden, several exemptions and relief measures have been introduced. On June 1, 2023, the UAE implemented the Corporate Tax law, significantly transforming the tax landscape for

Read More
24 May 2024

SWITZERLAND: Switzerland strengthens anti-money laundering framework

New measures to tackle money laundering, tax evasion and terrorist financing are likely to come into effect in early 2026. The Swiss Federal Council has adopted a series of measures to be submitted

Read More