After the collapse of the FTX exchange, it has been a more crucial task to supervise the cryptocurrency industry, as the catastrophe has affected it. In an interview, the new face of the International markets authority Iosco (International Organization of Securities...
When it comes to Brazil (or other countries for that matter), there are several factors involved in the decision to relocate, including the tax significance. Whether you’re a Brazilian resident or not, you need to be aware of Brazil's tax requirements and laws and...
The real estate market in Brazil is starting to boom, and the choices for potential investments are numerous: apartments, hotels, residential services, lands, lofts, and condos. Either for living or investment, Brazil is the ideal place. You want to buy a real estate...
What is the RFC number in Mexico? In Mexico, the RFC stands for ‘Registro Federal de Contribuyentes’. The RFC is issued by the Mexican Tax Administration Service (Servicio de Administración Tributaria), and it is a 13-digit alphanumeric number for any physical...
An individual who has a registered seat, place of business, or establishment in the Czech Republic is required to register for VAT (Value-added tax) if its turnover exceeds CZK 1 million in 12 consecutive months. Even if the threshold is not surpassed, Czech and...
On 14 July 2016, the Parliament of Luxembourg approved Bill of Law no. 6929 introducing the Reserved Alternative Investment Fund (RAIF) which aims to revolutionize the fund landscape in the Grand Duchy. This new regime somewhat replicates the applicable regime to...
As of 1 January 2014, the new land appreciation tax was put in force by the Israel Tax Authority, and by January 2022, a new acquisition tax came into effect. The subsequent increase of purchase tax now requires multiple homeowners in Israel as well as foreign...
On 31 January 2022, the United Arab Emirates announced that all seven emirates will be enforcing federal Corporate Tax on business profits. This means that UAE-based companies will be assessed with corporate tax starting 1 June 2023. The announcement is evidence of...
The EU Parent-Subsidiary Directive primarily aims to eliminate double taxation for subsidiaries and parent companies incorporated in EU Member States. Avoid double taxation of income for large shareholders By rule, large shareholdings are assessed with tax on income...
All Luxembourg Soparfis are subject to an overall combined rate of corporate income tax and municipal business tax of 24.94%. When broken down, Soparfis are subject to corporate income tax at a rate of 17% with an additional 7% for solidarity surcharge. On the other...
