09.01.2024
Portugal changes the citizenship law?
The Portuguese Parliament has approved amendments to the country's citizenship law, which will allow residents to start counting down the required five years to obtain citizenship from the date of applying for a residence permit, rather than from the date of its approval.
27.12.2023
Residence permit and work permit in the EU at the same time?
The European Union will simplify the rules of employment for citizens of third countries. Now it will be possible to obtain a work permit and a residence permit at the same time.
20.12.2023
Ambiguity of American Corporate Transparency Act
On January 1, 2024, the Federal Law on Corporate Transparency comes into force in the United States, which obliges millions of legal entities to register their beneficial owners with the Financial Crimes Enforcement Agency of the U.S. Treasury (FinCEN).
14.12.2023
Turkey has launched investigation into speculation in the real estate sector
The Association of the Capital Markets Council (SPK) has launched an investigation into the real estate sector and organizations after large-scale facts of speculation were revealed, especially when selling real estate to foreigners wishing to obtain Turkish citizenship.
13.12.2023
Dubai introduces unified business license
The Dubai Department of Economy and Tourism (DET), in collaboration with the Dubai Free Zones Council, announced the launch of the Dubai Unified License (DUL), a unique commercial identifier provided to all businesses in Dubai in order to simplify various business processes.
11.12.2023
Europe completes work on the AI bill
The EU member states and the European Parliament have reached an agreement on a law that regulates the use of artificial intelligence (AI). This was reported by the Spanish representation in the Council of the EU
08.12.2023
Lisbon – the innovative capital of Europe
The European Commission has announced the winners of the European Capital of Innovation Awards.
06.12.2023
The UK will tighten the conditions for expats to stay in the country
The UK government continues to fight migrants and has announced a new package of measures to reduce visitors to the country.
05.12.2023
Portugal cancels tax benefits for foreigners
Portugal is going to abolish the preferential tax regime (Non-Habitual Resident, NHR), which allows certain categories of foreigners to pay reduced taxes for 10 years after moving to the country.
04.12.2023
Top most expensive cities in the world
The analytical division of the British magazine The Economist (Economist Intelligence Unit, EIU – Approx.) has published a rating of the most expensive cities in the world.
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.
01.02.2023
EU members did not meet the deadline?
Fourteen EU member States have missed the official deadline set for the implementation of the provisions of Council Directive (EU) 2021/514 (DAC7) into national legislation.
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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