UAE Explains Updated Economic Substance Rules

by Lorys Charalambous, Tax-News.com, Cyprus

Monday, October 5, 2020

The United Arab Emirates Ministry of Finance has highlighted changes made to the territory's rules on economic substance. Read Full Story

IRS Issues Revised Tax Guide For Aliens

by Mike Godfrey, Tax-News.com, Washington

Tuesday, February 3, 2015

The Internal Revenue Service has released revised versions of its Tax Guide for Aliens and its Tax Guide for Individuals Receiving Income from the United States Possessions – American Samoa, Puerto Rico, the US Virgin Islands, Guam, and the Northern Mariana Islands. Read Full Story

HK, Singapore Home To Asia's Highest Property Taxes

by Mary Swire, Tax-News.com, Hong Kong

Tuesday, January 13, 2015

In its recent Asia-Pacific Residential Review, global property consultancy Knight Frank has said that Hong Kong and Singapore have the highest tax burdens on foreign property investors. Read Full Story

London Bears Brunt Of Tax On Enveloped Dwellings

by Robert Lee, Tax-News.com, London

Monday, November 10, 2014

Research from UHY Hacker Young has shown that 89 percent of HM Revenue and Customs's total take from the new Annual Tax on Enveloped Dwellings has been collected from London properties. Read Full Story

Report Disputes UK Mansion Tax Claims

By Amanda Banks, Tax-News.com, London

Friday, September 6, 2013

An independent global real estate consultancy has published a report into proposals for a mansion tax in the UK, warning that one in ten properties defined as "mansions" would be one- and two-bedroom flats, and that to meet revenue targets the threshold would have to be lowered to as little as GBP1.25m. Read Full Story

UAE Economy Buoyant

by Lorys Charalambous, Tax-News.com, Cyprus

Tuesday, August 6, 2013

A recent report from the IMF Executive Board found that the economy of the United Arab Emirates continued to recover in 2012 supported by favorable oil prices, capital inflows and the UAE’s safe-haven status amid the regional political and social unrest. Read Full Story

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