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Multinationals prefer low-tax over no-tax countries

Changing paradigms In the last five years, there has been a steady increase of the number of multinationals who prefer to register their subsidiaries in low-tax jurisdictions, and not in no-tax jurisdictions. In this regard, Allen Tan, the leader of the tax practice division of a leading law firm in Singapore, stated: “The days of picking a holding jurisdiction mainly [...]

Our latest articles

EU cuts the blacklist of tax havens

On the 2nd of October 2018, the Council of the EU revised the EU’s list of non-cooperative tax jurisdictions. During [...]

Greece uses drones to find tax fraud

The Greek tax authorities announced that they used surveillance drones to document tax violations on the island of Santorini. The [...]

Should Facebook be taxed 10$ per user?

Many Internet businesses (e.g., Google, Amazon, Facebook, and Alibaba) generate significant revenues. In comparison with their offline counterparts, they usually [...]

International Trade

Free Zones in Georgia

Georgia, a gateway between Europe and Asia is a compelling jurisdiction, which offers competitive business advantages to start-ups and established enterprises. In order to maintain economic [...]

BULGARIA INVITES INVESTORS WITH 0% CORPORATE TAX

Bulgaria is a well-known tourist destination for those who are looking for a golden tan and enjoyment on the coast of the Black Sea. Moreover, it [...]

Estate planning

Taxation in Georgia

Georgia, a country in the Caucasus region, is located on a crossroad between European and Asian markets. Due to Georgia’s business advantages, such as a low-cost [...]

Will UK Tax Your Castle?

The UK considers introducing a mansion tax which will target the properties that are worth more than £2 million. The owners of such properties will be [...]

International business

Multinationals prefer low-tax over no-tax countries

November 20th, 2018|0 Comments

Changing paradigms In the last five years, there has been a steady increase of the number of multinationals who prefer to register their subsidiaries in low-tax [...]

Georgia – Free Zone destination

What is a Free Zone? A Free Zone is a part of the territory (in this case [...]

After Brexit, the EU countries will pay more tax to the EU

In a few months, the United Kingdom (UK) will not only leave the European Union (EU), but [...]

Residence

Italy plans a 10-year tax holiday for residents of Sicily, Sardinia and Calabria

September 12th, 2018|0 Comments

People who dream about spending more time in Southern Italy, enjoying its delicious cuisine and sunny climate, may get a new tax-friendly opportunity. The Italian government [...]

Types of Investments Needed to Get Residency in Costa Rica

To be able to live in Costa Rica for more than 90 days, you must qualify as [...]

Germany: A Surprising Bitcoin Tax Haven

For many investors, 2017 marked the first year they seriously got into Bitcoin. What had been a [...]

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