May 2021: International Tax Planning Review
UAE allows 100 per cent foreign ownership of local companies
The Government of the United Arab Emirates has confirmed that new rules allowing foreign owners to own local (onshore) companies in […]
Tag: citizenship by investment
March 2021: International Tax Planning Review
Cyprus extends tax return deadline for companies
Cyprus has extended the 2019 tax filing deadline for companies and self-employed businessmen.
The corresponding decree provides the extension of the deadline for electronic filing
February 2021: International Tax Planning Review
Changes to the EU list of non-cooperative tax jurisdictions
The list of “non-cooperative” tax jurisdictions maintained by the EU authorities has changed again.
Dominica (Commonwealth of Dominica) has been included in the
October 2020: International Tax Planning Review
Russia and Malta signed a protocol amending the double tax treaty
On 1 October, representatives of Russia and Malta signed a Protocol amending the bilateral Convention for the avoidance of double
Cyprus cancelled Citizenship by Investment Program
On 13 October, 2020 the information on decision to cancel Citizenship by Investment Program made on the extraordinary meeting of Council of Ministers has been published by the Ministry of
August 2020: International Tax Planning Review
The European Commission’s report on implementation of the Anti-Tax Avoidance Directive
On 19 August 2020 the European Commission published its first report on the implementation of the Council Directive (EU) 2016/1164
July 2020: International Tax Planning Review
Luxembourg: new requirements to trusts
Luxembourg has tightened the requirements to trusts in relation to disclosure of information in accordance with the latest rules of the European Union (AMLD5 Directive) and
June 2020: International Tax Planning Review
Russian-Cypriot negotiations to amend double tax treaty
On 25 June 2020 Russia and Cyprus started negotiations on amendments to the Agreement for the avoidance of double taxation dated 5 December 1998
Automatic exchange and citizenship by investment programs
16 October 2018 the Organisation of Economic Co-operation and Development (OECD) has published a list of jurisdictions that provide citizenship, residence and special types visas to foreign individuals by
OECD concerns about residence-by-investment schemes to circumvent automatic exchange
It is known that the route of data flow within the automatic exchange of financial account information under the Common Reporting Standard (CRS) depends on tax residence of an