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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

UK: Treasury disbanded non-dom tax policy unit weeks before budget, sources say

The Treasury disbanded a unit tasked with offshore and non-dom tax policy weeks before announcing significant changes in the budget to the way foreign residents are taxed, sources have said. The unit,

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11 March 2024

BRAZIL: Brazil’s anger over EU carbon tax infiltrates COP28

A green trade row is spilling into the COP talks in Dubai, and Brazil has China’s support. Brazil has taken its green trade row with the European Union to this year’s global climate summit. The

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11 March 2024

FAMILY OFFICES: Family offices have tripled since 2019, creating a new gold rush on Wall Street

The number of family offices in the world has tripled since 2019, setting off a new race among private equity firms, hedge funds and venture capital firms to attract their investments. According to

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11 March 2024

AFRICA: South Africa struggles to get off the FATF grey list

How is it that Africa’s most sophisticated, if not always largest, economy is still battling to get off the Financial Action Task Force’s (FATF) grey list because of its failures to combat money

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11 March 2024

US: Biden vows to raise taxes on wealthy, corporations

U.S. President Joe Biden vowed Thursday to raise taxes on wealthy Americans and large companies, announcing plans in his State of the Union address to hike corporate minimum taxes and cut deductions

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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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