Jurisdictions news

JPMorgan under suspicion?
In Frankfurt an inspection was being conducted at the offices of the American bank JPMorgan Chase & Co., related to the investigation of a high—profile tax fraud in the history of Germany - the so-called Cum-Ex transactions.

Switzerland raises taxes
The Swiss Federal Council issued the official statement in which it announced that the state continues the procedure for implementing the global minimum tax in accordance with Component 2 of the OECD Decision for the International Tax Reform.

The senate of the USA decided not to raise a tax for rich men
Senators didn't support Barack Obama's initiative on raising a tax rate for the rich Americans, also known as "Buffett's rule".

The US Securities and Exchange Commission enhance cooperation with EC and Cayman islands
The representative of the Securities and Exchange Commission announced that it has established two Memorandums of understanding with the Cayman Islands Monetary Authority (CIMA) and the European Securities and Markets Authority (ESMA) as part of long-term strategy to improve the oversight of regulated entities that operate across national borders.