The debate over citizenship by investment programmes

The company Kleindienst Group announced that investors who purchase certain properties in the UAE project “The Heart of Europe” will become eligible for Moldovan citizenship. More specifically, to qualify for the program, an investor needs

By |In The Spotlight Home|

What are the countries with the lowest and highest tax burden?

CapRelo, a global relocation management company, published a list of countries that impose the lowest and the highest tax burden on labour. The study covers 40 countries. To compile the list, CapRelo used information about

Seven EU countries were accused in being tax havens

In the first part of 2019, the European Parliament issued a report which argues that seven EU countries, namely, Belgium, Cyprus, Hungary, Ireland, Luxembourg, Malta, and the Netherlands, display traits of tax havens and facilitate

Amazon did not pay any corporate tax legally for 2018

It is widely known that Amazon is one of the largest companies in the world with revenues in 2018 exceeding USD 232 billion. The company is known not only with its online store, but also

Bulgaria has the most affordable labour force in the EU

A report released by Eurostat revealed the countries where employees get the lowest hourly rates in the EU. Bulgaria has the lowest average hourly rate (EUR 3,5), followed by Romania (EUR 4,2), Lithuania (EUR 5,5)

Andalusia abolishes most of its inheritance taxes

The Spanish province of Andalusia was widely known for its high inheritance tax rates. Since the tax authorities were assessing the inheritance tax on the theoretical value of the properties concerned (irrespective of the market

By |Living|

The United States and France lobby for a minimum global corporate tax rate

In February 2019, the U.S. Treasury Secretary Steven Mnuchin stated that the United States supports the proposal of France to impose a worldwide minimum corporate tax rate for developed countries. More specifically, Mr Mnuchin stated

Payment transfers to and from EU countries that do not use euro will become cheaper

The European Union adopted amendments to Regulation No 924/2009 that will allow EU countries that are not members of the eurozone to benefit from the very low cross-border fees applying in the eurozone. The eurozone,