by Demetris Nicolaides | May 9, 2023 | Business, World News
The European Parliament has recently approved new regulations on cryptocurrency tracing in the EU to combat money laundering and terrorist financing. These regulations require service providers to register and implement customer due diligence measures for tracing...
by Demetris Nicolaides | Dec 28, 2021 | Business, Economy, Europe, Income Tax, Tax, World News
The European Commission has published on 22 December 2021 the legislative proposal for a Directive laying down rules to prevent the misuse of shell entities for tax purposes. The Unshell proposal (commonly referred to as ATAD III) is part of the Communication on...
by Demetris Nicolaides | Aug 19, 2021 | Europe, Tax
On 18 May 2021 the EU Commission published the Communication on Business Taxation for the 21st Century (the “Communication”), a 15 page document addressed to the European Parliament and the EU Council setting out the agenda of the EU Commission on tax...
by Demetris Nicolaides | Aug 19, 2021 | Business, Economy, Europe, Income Tax, Tax
The effects of the COVID-19 have been unprecedented and substantial to businesses across the world with many businesses racking in heavy losses and struggling for survival while many have already closed down permanently. At the EU level, the Commission has taken a...