Addressing Corporate Tax Avoidance: The Need for a Global Minimum Tax
April 9, 2024
The Tax Cuts and Jobs Act of 2017, which was initially hailed as a transformative reform for the U.S. tax code, has not lived up
Articles
Corporate & Fiduciary
Corporate tax in the UAE: How is it reshaping the country’s business landscape?
March 29, 2024
Author: Virtuzone As 94% of companies in the UAE are small and medium-sized businesses, market analysts expect the milestone corporate tax law to bring a
UK to Abolish Non-Dom Tax Status, Impacting Ultra-Wealthy Foreign Residents
March 10, 2024
The UK government is set to abolish the “non-domicile” (non-dom) tax status, affecting approximately 68,000 ultra-wealthy foreign residents. This significant change, announced by Chancellor Jeremy
U.S. Proposes New Regulations to Restrict Foreign Access to Sensitive Data”
March 4, 2024
In a significant move aimed at enhancing national security, the U.S. government, led by President Biden, has initiated steps to curb foreign access to sensitive
Hong Kong’s Securities Regulator Proposes Lowering Investment Threshold to Attract Mainland Traders”
March 3, 2024
The head of Hong Kong’s Securities and Futures Commission (SFC), Tim Lui, has proposed significant adjustments to the Stock Connect program to increase stock market
Federal Gift and Estate Tax Rules Adjusted for 2024, Offering New Opportunities for Tax Efficiency”
March 2, 2024
The new year ushers in significant adjustments to the federal gift, estate, and generation-skipping transfer (GST) tax rules, reflecting inflation adjustments that substantially increase exemption
Navigating the Implications of the OECD’s Global Tax System on American Businesses
February 27, 2024
In a significant global development, nearly 140 countries, including the Biden administration, are supporting a new tax framework developed by the Organisation for Economic Co-operation
Navigating the Selection of a Trustee in Estate Planning
February 27, 2024
One of the most critical choices in estate planning is selecting the right trustee, a decision fraught with complexity and importance. The trustee’s role is
Global Minimum Corporate Tax of 15% Goes Live, Marking a Shift in International Taxation
February 5, 2024
On January 1, a significant shift in international corporate taxation took place as a global minimum corporate tax rate of 15% was implemented in several
China Tightens Regulations on Local Government Financing Vehicles to Curb Rising Debt
February 5, 2024
Chinese regulators have moved to close a loophole that allowed local government financing vehicles (LGFVs) to amass significant debt through offshore bonds. According to four
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