Mondaq Offshore: Tax
This initiative is intended to enable Europe and the US to spearhead the promotion of a global system of automatic information exchange.
A further nine countries signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters, at a ceremony held by the Organization for Economic Cooperation and Development.
The Bahamas Government will introduce a value-added tax beginning July 1, 2014.
As evidence of its continued commitment to transparency in the financial services industry and its compliance with international standards, the British Virgin Islands executed a much anticipated Tax Information Exchange Agreement (TIEA) with Canada on 21 May 2013.
The Government of the Cayman Islands and Brazil have signed a tax information exchange agreement.
The Ukrainian government recently submitted a draft law to the Ukrainian parliament to ratify the new double tax agreement and Protocol between Cyprus and Ukraine, which was signed on 8 November 2012.
Despite being among the smallest countries in terms of area and population, Cyprus has become one of the world’s most important financial and business centres.
Recent changes in Cypriot legislation have not had a significant impact on the international status of Cyprus as a reputable financial centre which offers one of the most attractive tax regimes in Europe and an extensive network of double tax treaties.
In accordance with the requirements of its international lenders, Cyprus has made a number of changes to tax rates.
On 14 February the Spanish ambassador and the Cyprus Minister of Finance signed a double taxation agreement between Spain and Cyprus.
Immovable property tax is payable by 30 September each year on the market value as at 1 January 1980 of all immovable property in Cyprus registered in the name of the taxpayer at the start of the year.
Article V of the protocol to the double taxation agreement between Cyprus and Russia that entered into effect on 1 January 2013 amended the definition of dividends set out in paragraph 3 of Article 10 of the DTA.
The Isle of Man concluded a Tax Information Exchange Agreement (TIEA) with the Argentine Republic on 14 December 2012.
Chief Minister Senator Ian Gorst has indicated, in a letter to the British Prime Minister, David Cameron, Jersey’s intention to sign the Multilateral Convention on Mutual Assistance on Tax Co-operation.
Le § 211 (3) AO tel que complété par le règlement grand-ducal du 24 octobre 1978 permet au bureau d'imposition d'envoyer les bulletins dimposition par simple pli fermé (une simple lettre donc).
Malta is today one of the most popular jurisdictions for yacht registration.
The Investment Aid Incentive takes the form of investment tax credits, which are computed as a percentage of qualifying expenditure undertaken by companies engaged in qualifying activities.
Fördelar och skattemässiga förmåner för organisationer som bedriver sin administrativa kontorsverksamhet från Malta har bidragit till att många företag har flyttat den administrativa verksamheten till landet.
Налоговые льготы и стимулы, которые даются организациям для учреждения вспомогат
New options are now available for individuals and companies with undisclosed UK tax liabilities to regularise their tax affairs on favourable terms.
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In accordance with its agreement with its international lenders, Cyprus has made a number of changes to tax rates.
Recent changes in Cypriot legislation have not had a significant impact on the international status of Cyprus as a reputable financial centre which offers one of the most attractive tax regimes in Europe and an extensive network of double tax treaties.
What is The Foreign Account Tax Compliance Act (FATCA)?
A further nine countries signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters, at a ceremony held by the Organization for Economic Cooperation and Development.
Sec. 2 of Wealth Tax Act, 1957: The amended reassessment proceedings of Income-tax shall be applicable for assessment of Wealth Tax as well.
Immovable property tax is payable by 30 September each year on the market value as at 1 January 1980 of all immovable property in Cyprus registered in the name of the taxpayer at the start of the year.
From 1 January 2013, FATCA will require foreign financial institutions (or "FFIs") to enter into an agreement with the US Internal Revenue Service (the "IRS").
The purpose of this investment memorandum is to provide an overview of the investment vehicles (i.e. regulated, lightly regulated and unregulated) that Luxembourg offers to (foreign) entrepreneurs and managers.
Many funds and similar entities will be exempted from consolidating controlled investees under amendments to IFRS 10 ‘Consolidated financial statements’.
The Luxembourg limited partnership regime is being modernised to become more attractive for private equity, venture capital and real estate transactions.
