The post-Brexit UK may be based on the Singapore model

By |Doing business international|

Introduction According to Jeremy Hunt (the UK Foreign Secretary), Singapore can serve as a model for the post-Brexit UK. In an article written by him for Daily Mail in December

Poland reduces its corporate tax rate in specific cases

By |Doing business international|

On the 1st of January 2019, a new Polish tax legislation entered into force. It reduced the corporate income tax rate to 9% for taxpayers having revenues equal or less

Bulgaria – the 2nd largest Bitcoin owner in the world

By |Doing business international|

Finding a treasure In the recent news, Bulgaria came up as the country holding the second largest amount of Bitcoins in the world. The surprising statistics relate to the fact

Multinationals prefer low-tax over no-tax countries

By |Doing business international|

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

EU cuts the blacklist of tax havens

By |Doing business international|

On the 2nd of October 2018, the Council of the EU revised the EU’s list of non-cooperative tax jurisdictions. During the revision, 3 jurisdictions, namely, Liechtenstein, Peru, and Palau, were

Greece uses drones to find tax fraud

By |Living|

The Greek tax authorities announced that they used surveillance drones to document tax violations on the island of Santorini. The drone operation lasted one day and aimed at collecting evidence

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

By |Living|

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 has proposed a 10-year

Georgia – Free Zone destination

By |Doing business international|

What is a Free Zone? A Free Zone is a part of the territory (in this case of Georgia) with defined borders and a special status granted by law. The

Uganda first to introduce a Gossip Tax

By |Living|

The world has witnessed various weird taxes, such as the Russian tax on beards, the tax on Chinese immigrants into Canada, the English tax on fireplaces and windows. Uganda, a