News

News

18.02.2013

Switzerland and the USA have signed a Foreign Account Tax Compliance Act (FATCA) agreement in Bern. It is expected that the agreement will help Swiss financial institutions in the implementation of the US tax legislation.

18.02.2013

Switzerland and the USA have signed a Foreign Account Tax Compliance Act (FATCA) agreement in Bern. It is expected that the agreement will help Swiss financial institutions in the implementation of the US tax legislation.

15.02.2013

It was announced on February 13 that negotiations on a free trade agreement between the United States and the European Union would begin in the near future.

14.02.2013

Cyprus's Finance Minister once again rejected accusations that the country is a center for money laundering, explaining that legislative amendments made in December 2012 are aimed to improve the efficiency of the Registrar of Companies.

13.02.2013

The Swiss Federal Department Of Finance has recently announced publication of the new edition of the brochure entitled "The Swiss Tax System".

13.02.2013

The OECD’s Committee on Fiscal Affairs has approved the Treaty Relief and Compliance Enhancement (TRACE) Implementation Package introducing a simplified process for foreign portfolio investors to obtain the tax benefits of bilateral double taxation agreements.

13.02.2013

The Trust Law (Amendment) Bill 2013 was published in Hong Kong Gazette last week.  It is aimed at modernizing trust law in Hong Kong by enhancing trustees powers, providing for appropriate checks and balances, which will make trusts administration more effective.

12.02.2013

The Jersey government approved a comprehensive review of the island's Companies Law 1991 to strengthen the competitiveness of Jersey companies.

12.02.2013

South Africa’s National Treasury and Revenue Service have announced that they are opening negotiations with the US to conclude an inter-governmental agreement with respect to the Foreign Account Tax Compliance Act (FATCA).

11.02.2013

Luxembourg’s Finance Minister Luc Frieden underlined the need to strengthen and improve the country’s financial sector to ensure that the jurisdiction remains "credible and competitive."

 

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