/Tag:Island

Golden Visa In Cyprus

In 2016, the Cypriot government revised the laws governing the Golden Visa Program, i.e., a governmental program that allows non-EU citizens who invest in the country to obtain permanent residence in Cyprus. The program aims to attract wealthy foreign citizens to the third most populous island in the Mediterranean. If the program application is approved, permanent [...]

Google Keeps EU 10 Billion in Bermuda

Google tax strategies and accountancy practices are widely discussed topics not only in media, but also on a governmental level. News website shave recently disclosed information that, every year, Google sends profits of about EU 10 billion to the Bermuda Island, one of the world’s tax havens offering a 0% corporate tax rate. However, the only [...]

The US-Cayman FATCA Agreement

The cooperation in tax matters between the US and Cayman Islands began in 2014, when the agreement regarding automatic exchange of tax information under US Foreign Account Tax Compliance Act (FATCA) between Cayman Islands and the US entered into force. FATCA is a U.S. legislative act which aims at preventing US citizens living abroad from committing [...]

What about Jersey?

The island of Jersey, one of the European tax havens, offers to its residents a 0% corporate tax and low personal income tax rates. In addition to a favorable tax regime, Jersey Island invites investors with a number of other financial benefits, including low social security payments, no stamp duty on equity transactions, and a straightforward [...]

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