Import, Export and Regulatory Compliance Having made the decision to import goods to Israel, the importer faces numerous legal and technical issues, the… Read More
Russia lists nonfriendly Western countries as offshore With effect from July 1, 2023, the Ministry of Finance of the Russian Federation by its decree expands… Read More
Russia Proposes to Suspend Tax Agreements with nonfriendly States The Ministry of Finance and the Ministry of Foreign Affairs of the Russian Federation have recently proposed the… Read More
Russia was Added to the Amended European Black List of Countries for Tax... At February 14, 2022, the European Council has updated its so-called Black List of ‘non-cooperative jurisdictions for tax… Read More
OECD Issues an Administrative Guidance on Clarifying the Interpretation ... The Organization for Economic Co-operation and Development (OECD) and the G20 Inclusive Framework on Base Erosion and Profit… 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
UAE Introduces a new Corporate Tax Law December 2022, United Arab Emirates (“UAE”) have enacted a Federal Decree-Law No. 47 of 2022 on the Taxation… 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
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
Russian Federal Tax Service excluded Switzerland and Cayman Islands from... December 5, 2022, Russian Federal Tax Service (“FTS”) has updated its Order No. ЕД-7-17/986@[1] dated October 28, 2022 On… Read More
Russia continues imposing countersanctions in response to Western countr... On 20th of April 2022, the Russian Federation adopted the Law which sets forth restrictions for Russian credit… Read More
UK announces new measures regarding tax cooperation with Russia and Belarus On March 17th 2022, the UK government announced it would be freezing tax cooperation with Belarus and Russia.… Read More
The Federal Service for State Registration, Cadastre and Cartography cla... The Federal Service for State Registration, Cadastre and Cartography of the RF (“The Federal Service”) stated on March… Read More
Russia imposes new measures to support local IT companies The Russian Federation continues to introduce different measures in response to the sanctions imposed by the EU, UK,… Read More
US has approved Hong Kong-related sanctions US President Donald Trump has signed on July 14, 2020 an order to end preferential economic treatment for… Read More
Change of Russia-Malta DTT – increase in withholding rates News added 17.08.2020 On March 14, 2020 Russian Federation and Malta have agreed to amend the bilateral agreement for… Read More
Russia revises its tax agreements News added 11.08.2020 In March this year president of Russian Federation proposed imposing a 15% withholding tax on all… Read More
US has approved Hong Kong-related sanctions News added 22.07.2020 US President Donald Trump has signed on July 14, 2020 an order to end preferential economic… Read More
The Government of the Russian Federation announced the start of the revi... News added 13.04.2020 Following the decision of the President of the Russian Federation of December 16, 2019 on introducing… 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
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