After long and intense negotiations, the Belgian federal government announced new tax measures, which will become effective on 1st of January 2017. Although the government was planning to reform the corporate tax regime, the new measures do not alter the rate of the current corporate tax (33.99%). The reforms have been postponed for an indefinite period [...]
In order to boost foreign investment and attract high net worth entrepreneurs, the government of Cyprus has introduced an incentive that allows individuals to obtain Cypriot citizenship in exchange for significant financial investments in the country. The program, which is officially called “Scheme for Naturalization of Investors in Cyprus by Exception”, grants Cypriot citizenship to non-Cypriot [...]
The new EU Regulation No 650/2012 came into force in 2015 in order to simplify and harmonize the legislation related to succession and wills within the EU. The Regulation aims to address international succession issues. The Regulation applies to persons who die from 17 August 2015 onward. The Regulation aims to avoid parallel succession-related court proceedings [...]
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