What tax implications should be attributed to self-purchase of shares ex... This question was recently examined by Israeli Supreme Court in the recent ruling on Civil Appeal 9380/20 and… Read More
UAE updated its tax residency test for individuals The UAE Cabinet of Ministers has issued a Decision dated September 2, 2022 (Effective March 1, 2023)[1] on “Determination… Read More
UAE NEW CORPORATE TAX: A DETAILED ANALYSIS December 09, 2022, the UAE have introduced a new law (Federal Decree-Law No. 47 of 2022) on the… Read More
Post-Brexit consequences: UK count founds Home Office’s interpreta... Under the Brexit Withdrawal Agreement[1], the UK and the EU agreed that EU citizens in the UK and… Read More
Luxembourg has issued a General Authorization allowing to unblock the as... December 20, 2022, Luxembourg Ministry of Finance has authorized[1] (“General Authorization”) a release of funds held by currently… Read More
Russian authorities have determined criteria for foreign companies’ Russ... According to the draft of Minutes of meeting of Russian Governmental Commission for Overseeing of International Investments, December… Read More
EU Adopts Directive on 15% minimal taxation imposed on big business, fol... December 12, 2022, the Council of European Union has agreed on a Directive on ensuring a global minimum… Read More
European Court of Justice invalidates public access to European registri... November 20, 2022, the European Court of Justice (Grand Chamber) has issued a Judgement concerning the validity of… Read More
OFAC reestablished the Ukraine-Russia related sanctions regulations OFAC declared the publication of a Final Rule that renamed and reestablished the Ukraine-Russia Related Sanctions Regulations and… Read More
The HMRC announced its plan to revoke the Moscow Stock Exchange’s positi... On April 19th, 2022, the UK’s tax authority (HM Revenue and Customs) declared its plan to deny the… Read More
The US imposes additional restrictions and sanctions against Russia US president Joe Biden signed a new Executive Order (E.O. 14071) on April 6th, 2022, which imposes fresh… Read More
The UK announces further sanctions and restrictions against the RF The UK announced a fresh package of economic sanctions against Russia on April 6th, 2022. This round of… Read More
The RF imposes new countermeasures The RF continues imposing counter-sanctions in response to measures imposed by Western states. RF President Vladimir Putin signed… Read More
The EU announced a fourth package of sanctions against Russia On March 15th 2022, the EU imposed new sectoral and trade restrictions aimed at Russia’s economy. These new… Read More
The US continues imposing major sanctions against Russia and Belarus US president Joe Biden continues expanding sanctions against Russia and Belarus due to the continuing situation in the… Read More
The EU imposed a fifth package of sanctions on Russia and extends scope ... The European Union agreed to widely expand sanctions on Belarus, to impose new sanctions on wealthy Russian individuals… Read More
The US imposed a new set of sanctions targeting Russia’s energy sector US President Joe Biden issued a new Executive Order (E.O.) 14066 prohibiting the importation of Russian-origin oil, liquified… Read More
Russia continues imposing counter-sanctions in response to actions of We... On March 4th, 2022, RF President Vladimir Putin imposed further measures in response to sanctions enforced on the… Read More
The EU imposed another package of sanctions on Russia On March 2nd 2022, the European Council introduced further restrictions and imposed additional sanctions in view of Russia’s military… Read More
The UK imposes new trade, shipping and financial sanctions on Russia The UK made four new amendments to The Russia (Sanctions) (EU Exit) Regulations 2019 (Russia Regulations) on March… Read More
Neutral Switzerland joins other Western states by adopting financial san... On February 28th, 2022, the Swiss Federal Council decided to adopt the packages of sanctions imposed by the EU… Read More
The President of the Russian Federation announced new taxes on interest ... News added 30.03.2020 On March 25, 2020 the President of the Russian Federation in his speech demanded to impose… Read More
The first phase of trade agreement between USA and China has been approved News added 30.01.2020 Leaders of US and China have signed a first phase of the fair trade agreement thus… Read More
ITA increased the tax of warrants that depend on an exit or IPO News added 19.12.2018 According to a new circular of ITA (No. 18/2018), high-tech employees’ income out of sale of… Read More