England; December 2016 saw the inauguration of new rules targeting UK tax advisers. The FA 2016, Section 162(1) and Schedule 20 (Appointed Day) Regulations 2016 (“the Legislation”) by Her Majesty’s Treasury; the initial plans for the Legislation were announced in the UK Budget 2015 and sets out the civil penalties for tax advisers who have […]
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The Key Employee Initiative (KEI) has been introduced in Malta, providing a new, efficient programme for third country nationals / non – EU nationals (TCN) seeking employment and residence in Malta. The Key Employee Initiative aims to facilitate and to provide a fast track application process to highly-specialised third-country nationals who seek employment in Malta; […]
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BREXIT – Britain’s momentous decision to leave the European Union has put into question what rights will British nationals and companies located in Britain have in relation to the European market? In particular, there is doubt whether the passporting rights pursuant to European directives will continue to apply. Following Brexit, Malta offers a number of […]
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Acumum – Malta’s International set of Legal, Tax & Accountancy firms are pleased to announce that Acumum Accounting Ltd has been granted its accountancy license by the Malta Institute of Accountants, pursuant to the Accountancy Profession Act, Chapter 281, Malta. Acumum Accounting adds to Acumum’s service offering, by allowing the independent, boutique group located in […]
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A draft law on Islamic banking has been submitted to the State Duma in Russia concerning the establishment of new bank accounts allowing investment into only Shariah-approved assets. The idea was first raised at the level of the State Duma a year ago after Western sanctions closed Russia’s access to the European and American capital […]
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Acumum Attends Women’s International Shipping & Trading Association (WISTA) in Cyprus The Women’s International Shipping & Trading Association (WISTA) is holding its 40th International AGM and Conference in Limassol, Cyprus, between the 8 & 10 October 2014. WISTA International’s first such AGM and Conference took place in 1981 in Hamburg. WISTA Malta is the Malta branch (WISTA Malta) of […]
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Swiss Cabinet Presents Plans for Swiss Corporate Tax Reform The Swiss government has made plans to abolish certain Swiss corporate tax privileges for international firms and introduce a royalty box and an interest-adjusted profit tax. Notional Interest Deduction on Equity Reduction of Headline Corporate Tax Rate Royalty Box Schemes Under Attack by OECD $1.8 Billion […]
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Acumum provides Headline Editorial for Tax Adviser Magazine of The Chartered Institute of Taxation (CIOT) Acumum’s Managing Partner, Geraldine Noel, has been invited to provide the Malta editorial for the Tax Adviser magazine, the Chartered Institute of Taxation’s (CIOT) official publication. The Malta editorial provides an overview of the main tax and other fiscal benefits […]
read more »Malta – Israel Tax Treaty – Ratified: the double tax treaty between Malta and the State of Israel signed in Jerusalem on the 29th of July 2011 has been ratified by the Republic of Malta via Legal Notice 343 of 2013. Malta – Israel Tax Treaty. For a full list of Malta’s tax treaties go here The ratification […]
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London,25 November 2013: Malta – Cayman Sign Tax Information Exchange Agreement (TIEA) Malta (EU) and the Cayman Islands signed a Tax Information Exchange Agreement (TIEA) – which provides for a full exchange of information between the two jurisdictions on tax matters. The agreement was signed by Cayman Financial Services Minister Wayne Panton and Finance Minister, Professor […]
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