UAE to introduce a corporate profit tax
9 February 2022
The Ministry of Finance of the United Arab Emirates has announced the introduction of a new federal tax on corporations’ business profits. Until recently, this
News and articles
June 2021: International Tax Planning Review
10 July 2021
El Salvador has become the first state that allowed bitcoin as a legal tender El Salvador’s Parliament has passed a law that makes bitcoin a
May 2021: International Tax Planning Review
8 June 2021
UAE allows 100 per cent foreign ownership of local companies The Government of the United Arab Emirates has confirmed that new rules allowing foreign owners
April 2021: International Tax Planning Review
13 May 2021
Cyprus is planning to introduce withholding tax and amend corporate tax residency rules Two bills have been submitted to the Cyprus Parliament to amend the
February 2021: International Tax Planning Review
12 March 2021
Changes to the EU list of non-cooperative tax jurisdictions The list of “non-cooperative” tax jurisdictions maintained by the EU authorities has changed again. Dominica (Commonwealth
The UAE has extended Economic Substance reporting deadlines
15 January 2021
The Ministry of Finance of the United Arab Emirates (UAE) has informed that the filing deadline for 2019 Economic Substance notifications and reports is postponed
November 2020: International Tax Planning Review
3 December 2020
Changes to Russia-Luxembourg double tax treaty On 6 November 2020 Russia and Luxembourg signed a Protocol amending the bilateral Convention for the avoidance of double
September 2020: International Tax Planning Review
2 October 2020
UK Companies House reform Companies House, the United Kingdom companies’ registry, will be reformed. Based on results of the public discussion, the reform will include
June 2020: International Tax Planning Review
2 July 2020
Russian-Cypriot negotiations to amend double tax treaty On 25 June 2020 Russia and Cyprus started negotiations on amendments to the Agreement for the avoidance of
UAE: economic substance requirements
1 July 2019
20 June 2019 the information that United Arab Emirates (UAE) have adopted economic substance requirements for companies, mostly similar to ones of offshore jurisdictions like