News

Data Science: How to harness the good of presidential elections in the boardroom
11.04.2019 | Elections have always been a numbers game, but in the last decade we have seen a seismic shift. It is now a data game, and there is no turning back. This revolution started in earnest with Obama’s 2012 re-election campaign and has since barrelled through US and global politics, leaving disrupted strategies and confused pollsters…
Particular care must be taken when paying dividends
11.04.2019 | Three recent decisions of the English courts show how dividends can create risks for UK companies, their directors and shareholders. First, the Court of Appeal confirmed in Global Corporate Ltd v Hale [2018] EWCA Civ 2618 what most suspected: unlawful dividends cannot be reclassified after the event as salary in order to render them lawful.…
How tax discrepancies can affect settlement applications in the UK
11.04.2019 | Hesham Shoeb, Employment & Immigration Associate at Barlow Robbins LLP (Ecovis UK), describes how tax information is being used to deny residence to highly skilled migrants in the UK. When it comes to applying to settle in the UK, some highly skilled migrants in the Tier 1 (General) category have been denied settlement on the…
Prevention of money laundering and the financing of terrorism in Uruguay
11.04.2019 | According to Law Nº 19.574, certain entities are bound to report unusual or suspicious operations to the Information and Financial Analysis Unit of the Central Bank of Uruguay (BCU) and must comply with and implement policies and procedures aimed at preventing money laundering and the financing of terrorism (from now on “money laundering risk”). In…
Vat liability of non-residents in Turkey
11.04.2019 | According to a new legislative amendment, non-resident providers of all kinds of services by internet to real persons resident in Turkey are required to submit a VAT return. Services provided in Turkey by those whose residences, workplaces, legal headquarters and principle offices are not located in Turkey and services provided abroad but from which an…
Italian tax reduction for retired foreign individuals
11.04.2019 | The new article 24-ter of the Italian Tax Code (TUIR) offers a new optional tax regime for retired foreign individuals interested in moving their tax residence to Italy. Personnel income tax (IRPEF) reduction to 7% is granted to foreign individuals (provided they have lived outside Italy for the previous five years) who receive retirement income…
Is the Golden Visa in danger?
11.04.2019 | The European commission is looking into this regime which favours foreign investors. Many countries in Europe, including Spain, offer investors an opportunity to acquire what is known as a Golden Visa, which relaxes general migration rules, heavy with restrictions, in exchange for a major investment. In Spain the conditions are quite generous, as an investment…
What affect would a change of government in Australia have on fiscal policies?
11.04.2019 | Here are the key tax reforms proposed by the Australian Labor Party and how they are likely to impact Australian business and individuals. PREPARING FOR A LABOR GOVERNMENT 2019 is a new year for all of us and one in which all Australians will return to the polls to vote in a federal election. Politically,…
EU visa regulations: a stumbling block for performers from third countries
11.04.2019 | One of the main goals of the EU is to contribute to the flowering of the cultures of the Member States, while respecting their national and regional diversity and at the same time bringing their common cultural heritage to the fore. However, when it comes to inviting artists, cultural professionals, touring groups and others from…
No deal Brexit: the implications for foreign nationals
27.02.2019 | As part of the UK Government’s contingency planning for a “no deal” scenario, a new policy paper has been published setting out the proposed rights of European Economic Area, EEA, and Swiss nationals arriving in the UK after 29th March, 2019, if no deal is agreed with the EU. Hesham Shoeb, Employment & Immigration Associate…
more news…