Jurisdictions news

15.11.2024 FATF advises on the revision of its recommendations

The International FATF Organization has announced consultations on proposed changes to its standards and recommendations aimed at bringing them in line with measures to ensure "financial accessibility".

24.10.2024 Portugal introduces tax benefits for young people

Portugal plans to introduce tax breaks for young people under 35, including foreign workers.

23.10.2024 Cyprus takes care of transfer pricing

The Cyprus Tax Department has updated the frequently asked questions in English about transfer pricing.

17.10.2024 Croatia extends the validity period of the EU Blue Card

The country is preparing amendments to the Law on Foreigners: The EU Blue Card will become valid for 4 years, which will significantly increase the duration of stay of highly qualified foreign workers in Croatia.

09.10.2024 Turkey launches a new visa

The new Türkiye Tech Visa program is a 3–year work permit for technology professionals and entrepreneurs who plan to launch a startup.

04.10.2024 Canada makes changes for work permits

Canada's immigration system is undergoing major changes: by November 1, 2024, the Government of Canada plans to submit a new Immigration Levels Plan for the next 3 years.

30.09.2024 Bulgaria is preparing to switch to the euro

Bulgaria plans to switch from the lev (BGN) to the euro (EUR) in just over a year as part of its strategy to join the eurozone.

26.07.2024 TOP 10 safest countries for travelers

According to a new study by Forbes Advisor, Singapore is recognized as the safest city in the world for tourists.

26.06.2024 Italy simplifies the rules for obtaining an EU Blue Card

Italy is striving to simplify the procedure and create more favorable conditions for attracting foreign specialists.

04.04.2024 Caribbean Gold passports will rise in price

Caribbean "golden passports" are becoming more expensive, which is a response to pressure from the United States and the European Union to tighten the sale of citizenship.

10.01.2024 Is Saudi Arabia getting off the "oil needle"?

Saudi Arabia has placed $12 billion in dollar bonds. It was the kingdom's biggest release since 2017.

27.11.2023 Luxembourg has declared the wealth tax unconstitutional

The Constitutional Court of Luxembourg, in its decision of November 10, 2023, ruled that the wealth tax regime applied to enterprises contradicts the constitutional principle of equality before the law.

23.11.2023 The USA and Switzerland are moving to mutual automatic exchange

Switzerland and the United States have revised their agreement on the implementation of the American Foreign Account Taxation Act (FATCA).

18.05.2023 The Brazilian Tax Service pays attention to trusts

The Brazilian Government has published Interim Measure No. 1171/23 on the distribution of foreign trust assets. In fact, this measure changes the rules for taxation of income from foreign sources received by Brazilian residents from financial investments and controlled organizations.

13.04.2023 UAE - Corporate tax exemption rules

The UAE Ministry of Finance has adopted Decision No. 43 on exemption from tax registration for the purposes of the Corporate Tax Law.

10.08.2022 Central Bank of Cyprus` warning
The Central Bank of Cyprus (hereinafter referred to as the "CBC") has warned that the Limassol–based Sabax Bank has absolutely no license to operate issued by the supervisory authority.

28.10.2021 New FATF "grey List"
The Financial Action Task Force on Money Laundering (FATF) has announced that it is removing Mauritius and Botswana from its "grey list".

26.03.2021 Keeping Track of Your Sales Online

The European Parliament has decided to amend Directive 2011/16/EU on administrative cooperation in the field of taxation (DAC7).

23.03.2021 Synthesized Tax Convention with Great Britain Has Been Published

The Ministry of Finance of the Russian Federation has published a synthesized version of the double taxation convention with the United Kingdom on its website.

19.03.2021 Amending the Model Tax Convention on the Digital Economy

The United Nations Tax Committee has published an update on the process for amending the UN Model Tax Convention regarding the digital economy.

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