10 jurisdictions with no inheritance tax

There is a growing social movement arguing that people should become wealthy by working hard, and not by inheriting wealth from their relatives. That is why many governments impose significant inheritance taxes, also known as [...]

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 will also stop paying contributions to the EU budget. This will put the EU in a difficult position [...]

E.U. may include U.S. in the list of tax havens

The news agency Bloomberg reported that the E.U. has ordered a “fast-track” investigation of the U.S. taxation practices in the light of the E.U. initiative to create a list of non-cooperative tax jurisdictions (the so-called [...]

Malta: The EU’s Crypto Leader

The fast growing number of cryptocurrency and blockchain technology-based businesses encourage more governments worldwide to introduce legal frameworks for regulating such companies. In order to strengthen its position as an attractive destination for cryptocurrency exchanges, [...]

Tax Treatment of Cryptocurrencies in Slovenia

Together with Estonia, Lithuania, and Finland, Slovenia is one of the countries-to-be in Europe for businesses dealing with cryptocurrencies. The Slovenian government aims to represent the country as a leading EU member state in the [...]

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 well as establish legal residency. There are several ways of getting residency in Costa Rica. Our focus here [...]

Belarus: 0% tax for blockchain companies

Savvy companies who are looking to exploit blockchain technologies or start-ups interested in funding their plans with an initial coin offering (ICO) do well to consider their base of operation. After all, the tax difference [...]

Belgian tax authorities cannot screen payment cards

On 2nd of February 2018, the court of first instance in Antwerp announced a ruling prohibiting the Belgian investigative tax authority Bijzondere Belastinginspectie (BBI) from obtaining information about payment transactions from payment service providers without [...]

Tax Freedom Day in Bulgaria

Bulgaria has one of the earliest Tax Freedom Days in the EU. In 2018, Bulgarians will celebrate this day on 13th of May. It means that a Bulgarian employee has to work in total 132 [...]

UAE out of the EU blacklist!

On 23rd of January 2018, the EU finance ministers decided to amend the EU blacklist of non-cooperative jurisdictions, also known as tax havens. The initial list was made available in December 2017. In total, eight [...]

Germany: A Surprising Bitcoin Tax Haven

For many investors, 2017 marked the first year they seriously got into Bitcoin. What had been a novelty that was only understood and traded by geeks, barged into the mainstream consciousness with a 1,308% rise [...]

The New U.S. Tax System

On 22nd of December 2017, the U.S. president Donald Trump signed a ‘Tax Cuts and Jobs Act’, which introduces the most drastic changes of the U.S. Internal Revenue Code since 1986. The new U.S. tax [...]

Italy: Approved flat taxation of foreign income

In December 2017, the Italian parliament approved a new Italian law which introduced a flat taxation on foreign income generated by new non-domiciled Italian residents. To benefit from the regime, the qualifying individuals need to [...]

Meet us at Affiliate World Asia

Want to talk to us in real life? Come to Affiliate World Asia 6 and 7 december and meet us at BOOTH A15. Do you want to: Live abroad? -> Pack your bags and be smarter [...]

Tax exemption on small cryptocurrency transactions in U.S.

Transactions using cryptocurrencies, such as Bitcoin, receive more and more attention from tax authorities. Some of the developed countries have already introduced laws requiring Bitcoin traders to report their transactions for taxation purposes. For example, [...]

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 pay less taxes. To reduce their taxation burden, Internet companies establish their operations in low [...]

New Dutch Tax Plans

After long political discussions and negotiations, four major Dutch political parties reached an agreement and formed a coalition. The new Dutch government will likely be presented to the public on 26th of October 2017. The [...]

Gibraltar introduces a legal framework for cryptocurrency businesses

Introduction Regulation, use, and taxation of cryptocurrencies, such as Bitcoin, are topics that receive an increasing interest among businesses and regulatory authorities. Despite their speculative and risky nature, the number of cryptocurrencies steadily increases. To [...]