Update for trusts created in the Cayman Islands
Cayman Islands: Trusts created under the 2024amendment can now last indefinitely.
Italy doubles the flat tax
Italy: The government doubles the flat tax onforeign-sourced income for new residents.
Cayman Islands: Beneficial Ownership Law update
Cayman Islands: The Beneficial Ownership Law has come into effect.
France will close the Effective Beneficiary Register
France: the Register of Beneficial Owners will be closed. You can also read the following column previously written by...
Italy suspends Final Beneficiary Registry
Italy: the obligation to register in the Register of Beneficial Owners has been suspended for those affected by the UBO...
Tax Reform in Madrid
Mbappé Law: a reform that allows saving up to 60 million euros per year in taxes for foreigners moving their residence...
Argentina and the United States: FATCA update
Argentina: AFIP announced that in September it will begin exchanging information with the United States through the...
Bahamas: New income tax.
Bahamas. To comply with the OECD, the government will introduce a corporate income tax (15%) for multinational...