Recent developments in the field of cryptocurrency taxation

By |Doing business international|

In the recent weeks, two opposite tendencies have been observed in the field of cryptocurrency taxation. On one hand, the tax authority of Singapore proposed to exempt Bitcoin and other

Switzerland will adopt new corporate tax rules

By |Doing business international|

On the 19th of May 2019, a referendum regarding the acceptance of the Federal Act on Tax Reform and AHV Financing took place in Switzerland. The proposed act will eliminate

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

By |Doing business international|

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

Seven EU countries were accused in being tax havens

By |Doing business international|

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

Amazon did not pay any corporate tax legally for 2018

By |Doing business international|

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

Bulgaria has the most affordable labour force in the EU

By |Doing business international|

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

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

By |Doing business international|

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.

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

By |Doing business international|

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

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

Do not wait for the Brexit, start your EU company now!

If you are a UK entrepreneur, you need to be worried about the Brexit!
What will happen after 31st of October!

 
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  • You will loose clients in the EU...
  • You will face all kind of restrictions...

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