Europe
Gibraltar
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Americas
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Americas
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Europe
Americas
Africa
Americas
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Bulgaria
EU Advocate General considers Bulgaria’s refusal to exempt dividends paid to Gibraltar companies from withholding tax
Davide Anghileri of the University of Lausanne, Switzerland, discusses a European Court of Justice Advocate General opinion concerning a Bulgarian law that excludes from the exemption from withholding taxes dividends paid by subsidiary companies incorporated in a Member State to their parent companies incorporated in Gibraltar . . .
Europe
Europe
Europe
EU Commission publishes decision to extend Gibraltar state aid probe to tax rulings
The European Commission has published a non confidential version of its decision to open an investigation into whether Gibraltar’s tax ruling practice violates . . .
Europe
Africa
UK requires companies in Caymans, BVI, other territories, to publicly disclose ownership
Britain’s overseas territories, including the tax havens of Cayman Islands, British Virgin Islands, and Bermuda, must introduce publicly accessible registers of the beneficial ownership of companies located in their jurisdictions before 2021 or the UK will require them to do so, a law approved by UK Parliament . . .
Americas
Europe
Europe
Americas
Europe
EU says 165 Gibraltar private rulings may contain illegal state aid; Gibraltar claims EU competition chief is biased
The European Commission on Oct 1 announced that it has opened an investigation into whether Gibraltar’s tax authorities selectively favor companies in private tax rulings thereby violating EU state aid rules.
The Commission said it has has assessed 165 tax rulings
. . .
Europe
Gibraltar consults on proposed register of beneficial ownership of companies
The government of Gibraltar, on July 24, opened a consultation on a proposal to establish a registry of the ultimate beneficial owners of Gibraltar companies. Input is requested on topics such as whether the registry should made available publicly or only to select users, and what type of information, beyond names and addresses, should be required. Submissions are due September 30. Consultation Paper (PDF 386KB)
Americas
UK details treatment of holding and treasury companies for automatic exchange of financial account information
The UK’s HM Revenue and Customs on May 21 issued guidance on the treatment of holding companies and treasury companies under FATCA, the multilateral competent authority agreement implementing the common reporting standard, and the . . .
