• Americans abroad need tax justice too
  Contributed by Lynne Swanson and Victoria Ferauge, first published in 'The Hill'
  Wednesday, May 13, 2015

  "Why are we doing this to folks? Why are we tormenting them in this way?" IRS Taxpayer Advocate Nina Olson asked in an address to Securities Industry and Financial Markets Association FATCA Policy Symposium in Washington last year.
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• TIEAs explained
  Contributed by by Dirk De Wolf
  Thursday, January 22, 2015

  Conflict can emerge when a country must access information that may be protected by a foreign legal system, in order to enforce its own laws. These types of conflicts have generally been resolved through the execution of collaborative...
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• A Question of Substance
  GVZH Advocates
  Wednesday, January 21, 2015

  Malta continues to receive glowing reviews internationally as a stable financial services centre of repute within the European Union. Over the past fifteen years, Malta has moved seamlessly from being an offshore to an onshore...
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• USA Went To War With UK Over Taxing...See The Irony
  Contributed by Lynne Swanson
  Friday, November 28, 2014

  London Mayor Boris Johnson has a taxing problem. The United States Internal Revenue Service (IRS) wants Mayor Johnson to help fund that country’s massive deficit...
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• Business Tax services professionals warn employers to beware of PAYE penalties
  Contributed by Baker Tilly
  Thursday, October 9, 2014

  In this age of fiscal discipline, controlling cash flow and bad debts is as vital to government finances as it is to businesses so it comes as no surprise that HMRC is in the process of introducing its Real Time Information (RTI) system to...
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• Celebrating 30 years of the BVI International Business Companies Act
  Sylvia Moses, Executive Director, British Virgin Islands International Finance Centre
  Tuesday, September 2, 2014

  Passed on 15 August, 1984, the British Virgin Islands' International Business Companies (IBC) Act – and the subsequent take-up of the BVI IBCs law over the past 30 years – has had a profound, highly positive impact not just on the local BVI economy but also the global financial system.
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• Malta's Special Tax Rate — August 2014 Update
  GVZH Advocates
  Monday, August 18, 2014

  It was reported that a "total of 320 professionals who have taken up residence in Malta are benefiting from a maximum tax rate of 15% on their €75,000-plus salaries"...
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• 2014 Amendments to the Malta Retirement Programme Rules
  GVZH Advocates
  Friday, August 15, 2014

  Legal Notice 269 of 2014 has amended the Malta Retirement Programme Rules which were originally promulgated in 2012.
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• The Malta Residence Programme Rules 2014
  GVZH Advocates
  Tuesday, August 12, 2014

  By virtue of two legal notices published on the 8th of July, the High Net Worth Individuals Rules (HNWI Rules) have now been amended to reflect the Global Residence Programme threshold, both in terms of tax and property value...
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• Canadian House of Commons Votes To Help U.S. IRS Seize Bank Records of Canadians
  Contributed by Lynne Swanson
  Wednesday, June 25, 2014

  Recently, the Canadian House of Commons passed a law that will implement the United States Foreign Account Tax Compliance Act (FATCA) Intergovernmental Agreement (IGA) in Canada. With this law, Canadian financial institutions will turn over to the American Internal Revenue Service (IRS) the bank records of Canadians the U.S. defines as "US persons."
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• Life in the Sun: The Ease of Benefitting from Tax Residence in Malta
  GVZH Advocates
  Wednesday, June 18, 2014

  Further to the suspension of the Permanent Residents Scheme in December 2010, the Government of Malta has put in place a scheme for special tax status aimed at attracting internationally mobile, high net worth individuals (HNWI) to become tax resident in our islands and benefit from a favourable tax rate of 15% on any income remitted into Malta.
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• Part-Time Self-Employed Tax Submission
  GVZH Advocates
  Wednesday, June 18, 2014

  The form for the submission for tax purposes of part-time, self-employed individuals has been amended by virtue of Legal Notice 186 of 2014 [Part-Time (Forms of Self-Employed) (Amendment) Rules, 2014], therefore replacing the previous form intoto.
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• FATCA "Sea Change"
  Contributed by Lynne Swanson
  Monday, June 9, 2014

  In recent testimony before the Canadian House of Commons Finance Committee, Queen's University law professor Arthur Cockfield testified the American Foreign Account Tax Compliance Act (FATCA) "is really a sea change" in the long-standing tax information exchange relationship between Canada and the United States.
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• Millions of Homeowners Will Be Caught Out by Inheritance Tax Trap
  Contributed by Digital Media Circle
  Wednesday, May 28, 2014

  Inheritance tax is now a 'mass market tax' to be paid by millions of homeowners as the price of properties soar, economists have warned.
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• Intellectual Property Planning: Restructuring Intellectual Property Rights in an Off-Shore Environment
  By Kelvin King, Contributed by IBSA
  Monday, May 12, 2014

  As intellectual property is acknowledged as the dominant asset of most companies, it also becomes the primary collateral. Hardly a day passes without headlines concerning large corporations planning with their intellectual property utilising off-shore structures and commercial strategies enhancing value by consolidating intellectual property rights.
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• Tax Day in the US
  Contributed by Spencer Blohm
  Friday, April 4, 2014

  April 15th - the Ides of April, and the Day of Reckoning for Taxes Submissions, is coming up fast in the US. While tax revenue is essential to government services, repairing and maintaining government-owned infrastructure and national defense, paying taxes is rarely ever popular with those cutting the checks.
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• Five Checkpoints Before the Updates to EU VAT Rules Take Effect From 2015
  Contributed by Daniel Clark
  Friday, March 28, 2014

  You may not realize it now but the new EU VAT rules equate to a monumental change in the way e-service companies do business. The changes will affect every aspect of your business model from budget, price, product, payment page, and maybe even staffing levels. Let us take you through seven checks you need to concentrate on as a result of the new EU VAT rules. Remember the rules are to come into effect on January 1, 2015.
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• CANADIANS TAKE FIRST LEGAL STEP TO PREVENT HARPER GOVERNMENT FROM IMPLEMENTING U.S. FATCA LAW
  Contributed by Lynne Swanson
  Thursday, March 13, 2014

  Today a small group of Canadians began the long legal process to prevent the Conservative government from helping the United States impose a bad law on Canada.
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• How Tax Disputes are Impacting on One of India’s Largest Investors
  Contributed by Digital Media Circle
  Friday, February 21, 2014

  The relationship between large corporations and national growth is more prevalent in some countries than in others, with developing nations particularly likely to rely on the backing of international conglomerates. The strength of these bonds will also have a huge impact on the financial market, especially equity or stock based derivatives where physical assets are procured and sold.
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• Deadline to Offset Taxes with Pension Contributions Looms
  Contributed by Emma Hearn
  Friday, February 7, 2014

  A deadline to offset hefty tax burdens through contributions to a Registered Retirement Savings Plan (RRSP) is fast approaching for millions of Canadians, as well as Americans with dual citizenship. Only a few weeks remain before the opportunity to save thousands of dollars on taxes closes on March 3rd, 2014. An RRSP provides Canadians, US nationals residing in Canada, as well as permanent residents who earn anywhere above the lowest tax bracket the opportunity to save for their retirement, while reducing their taxable income each year.
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