The UK government has published the Economic Crime and Corporate Transparency Bill, following on from measures introduced in March 2022. Among other measures, the Bill presents reforms to Companies House, steps to prevent the abuse of limited partnerships and additional powers to seize assets.
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Published date
29/09/2022
The Mexican government has proposed its economic package for 2023, with a focus on the fight against avoidance and evasion rather than the creation of new taxes.
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Published date
28/09/2022
The US government has released a proposed comprehensive regulatory framework for the development of digital assets, addressing the future of money and payment systems, consumer protection and money laundering risks.
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Published date
26/09/2022
Last week (23 September 2022), newly appointed UK Chancellor of the Exchequer, the Rt Hon Kwasi Kwarteng MP presented The Growth Plan 2022 to the House of Commons. The plan contains numerous significant amendments to taxation legislation.
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Published date
26/09/2022
The Skinner family has won its appeal against an Upper Tax Tribunal ruling that denied them entrepreneurs' relief from capital gains tax (CGT) on the disposal of business assets held by a trust.
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Published date
22/09/2022
Spain's Andalucía province has announced the immediate abolition of its wealth tax for residents and second homeowners in the region.
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Published date
22/09/2022
The Supreme Court of British Columbia has refused a request from a mother to remove trustees of a discretionary trust after they rejected her requests for funds for her son, the beneficiary of the trust.
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Published date
19/09/2022
The Jersey Financial Services Commission (JFSC) has published draft legislation that will significantly increase the number of financial services businesses falling into the scope of its anti-money laundering (AML) regime.
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Published date
15/09/2022
Two statutory instruments (SIs) came into force at the start of September 2022, extending reporting obligations under the UK's sanctions regime to crypto-asset exchange and custodian wallet providers.
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Published date
15/09/2022
The Costa Rican tax authority has amended the due-diligence and reporting requirements for financial institutions (FIs) in the country under the Common Reporting Standard (CRS).
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Published date
14/09/2022