China’s Growing Fiscal Pressure on the Ultra-Rich As China’s economic challenges deepen, the Chinese government is implementing new strategies to revitalize its economy. One of the most talked-about initiatives is the move to impose new taxes on the overseas...
A strong economy, business-friendly environment, strong domestic market, government support, and a high quality of life. These are some of factors the that contribute to Italy's appeal as a prime destination for businesses seeking growth and access to international...
Aside from its favorable business environment, there are several other compelling reasons why businesses choose to operate in Mexico. This includes its strategic Location, large consumer market, competitive labor costs, and it’s strong trade relationships. However,...
After the collapse of the FTX exchange, it has been a more crucial task to supervise the cryptocurrency industry, as the catastrophe has affected it. In an interview, the new face of the International markets authority Iosco (International Organization of Securities...
When it comes to Brazil (or other countries for that matter), there are several factors involved in the decision to relocate, including the tax significance. Whether you’re a Brazilian resident or not, you need to be aware of Brazil's tax requirements and laws and...
The real estate market in Brazil is starting to boom, and the choices for potential investments are numerous: apartments, hotels, residential services, lands, lofts, and condos. Either for living or investment, Brazil is the ideal place. You want to buy a real estate...
What is the RFC number in Mexico? In Mexico, the RFC stands for ‘Registro Federal de Contribuyentes’. The RFC is issued by the Mexican Tax Administration Service (Servicio de Administración Tributaria), and it is a 13-digit alphanumeric number for any physical...
An individual who has a registered seat, place of business, or establishment in the Czech Republic is required to register for VAT (Value-added tax) if its turnover exceeds CZK 1 million in 12 consecutive months. Even if the threshold is not surpassed, Czech and...
On 14 July 2016, the Parliament of Luxembourg approved Bill of Law no. 6929 introducing the Reserved Alternative Investment Fund (RAIF) which aims to revolutionize the fund landscape in the Grand Duchy. This new regime somewhat replicates the applicable regime to...
As of 1 January 2014, the new land appreciation tax was put in force by the Israel Tax Authority, and by January 2022, a new acquisition tax came into effect. The subsequent increase of purchase tax now requires multiple homeowners in Israel as well as foreign...
