In March 2024, the UK government announced its plan to abolish the centuries-old non-domiciled (non-dom) tax regime beginning April 2025—a move that will profoundly affect how long-term residents and returning UK citizens are taxed on global income and assets. Under the new rules: Anyone who has been a UK tax
In early April 2025, former President Donald Trump officially enacted a sweeping new tariff regime that is actively reshaping the global economic landscape. Following the declaration of a national emergency under the International Emergency Economic Powers Act (IEEPA), a universal 10% tariff on all imports took effect on April 5.
The Italian government has recently redefined the concept of tax residence through Legislative Decree No. 209, issued on December 27, 2023. This decree brings significant modifications to Article 2 of the Italian Income Tax Code (TUIR), aligning Italy’s tax residence rules with international standards and addressing uncertainties that have long
The Trump Administration has recently articulated its “America First Investment Policy,” a significant policy framework aimed at reshaping the landscape of cross-border investments, particularly with regards to China. This new directive builds on the foundational policies set by both the first Trump Administration and the Biden Administration, targeting to curb
The prominence of US dollar-pegged stablecoins, which constitute 97% of the global stablecoin market, has intensified concerns within the European Union regarding President Donald Trump’s strategy to enhance dollar dominance using digital financial technologies. This issue was highlighted during the 13th ILF Conference on the Future of the Financial Sector
Donald Trump’s recent executive order to ban a “digital dollar” has unexpectedly cleared the way for China and Europe to potentially set global standards with their central bank digital currency (CBDC) prototypes. As the United States opts out, remaining the only major economy with such a ban, it stands apart
Having spent over a decade in the corporate and fiduciary industry specializing in entity management, I have gained valuable insights into the evolving needs of the sector. Hands-on experience with market-leading solutions has offered a unique perspective on service delivery and user experience. This journey inspired the creation of NorthLark
n the ever-evolving global economic landscape, Latin American countries are actively seeking to attract foreign capital through various tax incentives. This article explores the investment opportunities available in Panama, Uruguay, and Paraguay for foreign investors. PANAMA Tax System Panama operates under a territorial tax system, meaning that only income generated
The Evolution of Wealth Preservation and Expansion For ultra-high-net-worth individuals (UHNWIs), traditional wealth management is no longer enough. Today, financial discretion, global mobility, and asset protection are critical components of a robust wealth strategy. Golden visas and second passports have become essential tools for safeguarding wealth, optimizing tax liabilities, and
Hungary is a country located in Central Europe and member of the EU as well as the Schengen Area. Hungarian governments have always been keen to encourage foreign investments. Hungary now serves as a hub for investments not only into Central and Eastern Europe, but the European Union as well.
