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Cyprus's Tax Department has released details of a tax amnesty, which entered into force on July 3, 2017. Read Full Story
Abu Dhabi Global Market, the low-tax international financial center, is seeking feedback on its proposal to allow the formation of "foundations," a trust-like entity widely used in civil law jurisdictions. Read Full Story
For the 22nd consecutive year, Hong Kong has maintained its position as the world's freest economy in the 2017 Index of Economic Freedom from the Heritage Foundation. Read Full Story
Over 50 jurisdictions have committed to automatically exchange tax information under the OECD's Common Reporting Standard. Read Full Story
The European Commission has confirmed plans to draw up a pan-EU list of non-cooperative tax jurisdictions. Read Full Story
The number of active companies on the Cayman Islands company register has exceeded 100,000 for the first time, and there are now more than 19,000 active partnerships in the territory. Read Full Story
Combined fund management business in Hong Kong decreased slightly by 1.6 percent year-on-year to almost HKD17.4 trillion, as at December 31, 2015, according to the Securities and Futures Commission. Read Full Story
New Zealand's Minister of Finance, Simon English, and the Minister of Revenue, Michael Woodhouse, has established a government inquiry into Foreign Trust Disclosure Rules. Read Full Story
Tax administration officials from countries worldwide discussed co-operation, information-sharing, and opportunities for obtaining data at a meeting of the Joint International Tax Shelter Information and Collaboration Network on April 13, 2016. Read Full Story
The New Zealand Government has appointed tax expert John Shewan to conduct an independent review of disclosure rules covering foreign trusts registered in the country. Read Full Story
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