The European Commission has released its much anticipated proposal on streamlining withholding tax procedures. The proposal for a Directive on the “Faster and Safer Relief of Excess Withholding Taxes” (or the “FASTER”...more
2023 is set to be a year of change for the global tax landscape. After many years of negotiation, development and consultation, implementation of the OECD’s Pillar One and Pillar Two reforms to international taxation is now...more
On 20 December 2021, the OECD published keenly awaited model rules designed to implement Pillar Two of its ambitious plans to reform international taxation. ...more
As recently announced, the French and Luxembourg governments are finalising a new double tax treaty between the two countries (the «DTT»).
We outline below the key revisions and their potential impact.
1. Withholding...more
Based on the press release issued by the Luxembourg Ministry of Finance (MoF), the amendment allocates the right to tax capital gains realised upon the sale of stock, shares or other rights in companies, trusts or any other...more
In this newsletter
- U.S.:
- Dodd-Frank Act – Designation of asset managers as systemically important financial institutions
- Volcker Rule finalised with a more limited application to covered fund activities...more
4/26/2014
/ AIFM ,
Alternative Investment Fund Managers Directive (AIFMD) ,
Asia ,
Asset Management ,
Banks ,
BEPS ,
China ,
Conflicts of Interest ,
Dodd-Frank ,
Due Diligence ,
EU ,
FATCA ,
Federal Reserve ,
Financial Conduct Authority (FCA) ,
Financial Transaction Tax ,
Foreign Banks ,
Foreign Investment ,
FSOC ,
Hong Kong Stock Exchange ,
MiFID ,
Outsourcing ,
SFC ,
SIFIs ,
Value-Added Tax (VAT) ,
Volcker Rule