/Iven De hoon

About Iven De hoon

Iven De Hoon wrote a number of books and articles on taxation. His trademark is a smooth, open style. Even the toughest subjects become understandable and captivating. Next to asset planning, his biggest passion is international taxation, especially everything offshore. He has, without a doubt, become the offshore specialist of the Benelux.

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 days per year to pay all applicable taxes. To break down the entire period of working for taxes, Bulgarians work 35 [...]

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 jurisdictions were removed from the list, including Barbados, Grenada, the Republic of Korea, Macao, Mongolia, Tunisia, the United Arab Emirates (UAE), [...]

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 in value. And where the money flows, the legislators go. They may be a little slow to catch up, but that [...]

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 bill, which becomes effective in 2018, includes a wide range of tax reforms that changes the rates of individual and corporate [...]

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 submit applications to the Italian tax authorities. Scope Taxpayers whose applications have been approved are subject to a flat tax on [...]

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 than the taxman Do Business abroad? -> Maximise your profits, minimise your tax leakage Do Estate Planning? -> Protect your family [...]

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, the U.S. Internal Revenue Service (IRS) started a hunt for users of cryptocurrencies as a relatively small number of those users [...]

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 tax jurisdictions (e.g., Luxembourg and Ireland), conclude tax deals (e.g., in 2015, Facebook enjoyed a tax credit of GBP 11,3 million [...]

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 coalition presented its policy plans for 2017-2021. Together with changes in the fields of employment, education, healthcare, immigration policy, the coalition [...]

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 illustrate the extent of the cryptocurrency buzz, it is sufficient to note that, in August 2017, investors invested more than USD [...]