NL – Invloedloos trustkantoor niet aansprakelijk

Als een bestuurder van een vennootschap, waarvan de zetel naar het buitenland wordt overgeplaatst, hierop maar een zeer beperkte invloed kon uitoefenen, is hij volgens Advocaat-generaal (A-G) IJzerman niet aansprakelijk te stellen. Aansprakelijkheid rijksbelastingen Als een lichaam geen rechtspersoonlijkheid heeft, zijn de bestuurders van dat lichaam hoofdelijk aansprakelijk te stellen voor de rijksbelastingen die dat … More NL – Invloedloos trustkantoor niet aansprakelijk

Italian tax police demand details of 10,000 Swiss account Italy’s tax police have asked Switzerland’s Federal Tax Administration for information regarding €6.7bn (£5.9bn, $7.7bn) that has been deposited in the country by Italian citizens.

The police said the request, which concerns Italian citizens holding 9,953 financial interest in Switzerland, follows an investigation last year that led to a tax settlement deal between Italy and Credit Suisse, reports newswire Reuters. They declined to confirm, however, whether the people the Italian authorities were seeking information about were Credit Suisse customers. The police … More Italian tax police demand details of 10,000 Swiss account Italy’s tax police have asked Switzerland’s Federal Tax Administration for information regarding €6.7bn (£5.9bn, $7.7bn) that has been deposited in the country by Italian citizens.

Base Erosion and Profit Shifting: substance criterium

Since the OECD presented their action plan on ‘Base Erosion and Profit Shifting (BEPS) the importance of the topic of ‘substance’ has significantly increased. Under the BEPS initiative the OECD counters harmful tax practices, not only of multinational companies, but also of small and medium sized firms that are internationally operational. Some sophisticated tax jurisdictions, … More Base Erosion and Profit Shifting: substance criterium

Dutch innovation box

Dutch Innovation Box – approval by OECD Further to the approval by the European Code of Conduct Group, the OECD has now also concluded that the Dutch Innovation Box does not produce any harmful tax competition. Since July 2016 the OECD Forum on Harmful Tax Practices has been investigating 125 preferential tax regimes in various … More Dutch innovation box

Expats leaving Saudi must pay new ‘family tax’ upfront

Expats living in Saudi Arabia will have to pay the newly-introduced ‘family tax’ upfront if they want to leave the Kingdom for any reason, the government has confirmed. From 1 July, expats living and working in the Kingdom will have to pay the Saudi government SAR100 (£21, $27, €24) each month per dependent including children … More Expats leaving Saudi must pay new ‘family tax’ upfront

Bitcoin boom, volatility keeps getting crushed.

Crypto-currency craze is unsettling people but shows little sign of going into reverse. Denious is right to say that the market is speculative and unsustainable. Despite recent price wobbles, Bitcoin has almost tripled year-to-date, to $2,677. Its closest rival, Ether, is now worth more than 40 times its end-2016 level of $8. This isn’t because … More Bitcoin boom, volatility keeps getting crushed.

Tech dominates Top 100 Most Valuable Brands Ranking

After several years of snatching the prize from each other, Google has managed to fight off Apple to defend its position as the world’s most valuable brand in Kantar Millward Brown’s 2017 BrandZ ranking. The internet giant has extended its lead after achieving a 7% increase to $246bn, compared to Apple’s 3% rise to $235bn, … More Tech dominates Top 100 Most Valuable Brands Ranking