Jurisdictions news

11.05.2022 They will be forced to cancel their golden passports
The EU and the US are developing legislation that could negatively affect Antigua and Barbuda, Dominica, Grenada, St. Kitts and Nevis, and St. Lucia, if these states do not cancel their programs to obtain gold passports in exchange for investment.

05.05.2022 Shareholders accuse Netflix of fraud
Netflix shareholders claimed that the company had not notified investors about the slowdown in the number of subscribers, which caused to their significant losses.

28.04.2022 Airbnb must share information with the tax service
The Court of the European Union in Luxembourg ruled that the international network of the Airbnb accommodation booking service must respond to requests from national tax authorities, the court said in a press release.

27.04.2022 Staying in the UAE has become easier
The Cabinet of Ministers of the United Arab Emirates has approved one of the largest visa reforms in recent years. In particular, changes have made to the "golden" residency program in order to attract investors and qualified personnel to the country, as well as scientists and talented students and graduates of universities.

25.04.2022 The EU will protect the right of Internet users to freedom of speech
In the European Union, the fundamental agreement was reached on the draft law on the Digital Services Market (Digital Services Act), work on which began more than two years ago, but was suspended due to the COVID-19 pandemic.

21.04.2022 Russians will not be able to work with cryptocurrency?
Binance, cryptocurrency exchange, after the fifth package of EU sanctions against Russia, has limited services for Russian citizens with crypto assets worth more than 10,000 euros.

20.04.2022 EU sanctions threaten the beneficiaries of companies?
EU Council Regulation 2022/576 introduces a ban on the provision of trust management services or similar mechanisms related to Russian citizens or residents.

15.04.2022 India has adopted new Finance Act
The Finance Act of India 2022 was published in the Official Gazette after its approval on 30th of March 2022.

12.04.2022 Cyprus cancels the "golden passports"
The Council of Ministers of Cyprus decided to cancel the passports of four Russians who fell under EU sanctions.

08.04.2022 EU says no to VAT fraud
In 2020, a package of laws on the collection of payment data was adopted in order to combat VAT fraud in the field of e-commerce.

07.04.2022 Elon Musk bought Twitter
Entrepreneur Elon Musk owns more than 9.2% of the shares of the microblogs service Twitter now.

04.04.2022 Foreign organizations and VAT in Russia
The Federal Tax Service of the Russian Federation has been issued new recommendations regarding the payment of value added tax.

01.04.2022 The Central Bank of the Russian Federation eases restrictions on transfers abroad
Since April 1, 2022, the Central Bank of the Russian Federation has increased the thresholds for transferring amounts of funds abroad.

30.03.2022 Revision of the tax agreement between the Russian Federation and Switzerland suspended
Negotiations on the revision of double taxation treaty (hereinafter referred to as “DTT”) between Russia and Switzerland have suspended, the financial authorities of the two countries do not have any contacts at the moment.

28.03.2022 EU cancels passports of Russians
The European Commission (EC) recommended that member countries of the European Union (EU) consider the possibility of revoking the European citizenship of the Russians and Belarusians included in the sanctions list.

21.03.2022 There will be no tax exchange with the UK
On Thursday, 17 of March, the UK announced that it was suspending the exchange of tax information with Russia and Belarus according to with the British information exchange agreements.

11.03.2022 Shares of Chinese companies fell in value
Shares of Chinese high-tech companies fell sharply in price after the U.S. stock exchange regulator named five Chinese companies that...

02.03.2022 The Central Bank and the Ministry of Finance of Russian Federation introduce measures to support the Ruble exchange rate
The Ministry of Finance of Russian Federation announced the mandatory sale of 80% of exporters' revenue.

19.01.2022 Are Billionaires ready to pay taxes?
A group called "Patriotic Millionaires" called for the introduction of a global wealth tax at the World Economic Forum held in Davos in Switzerland.

14.01.2022 Interactive Brokers make you pay?
The American broker Interactive Brokers introduces a fee to cover the costs of "careful examination and evaluation" of a suspicious account.