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The New Labuan tax regime: Towards the Advancement

...future of Labuan. The plan for the nearest future is to fight harmful tax competition, adjust taxation rules to be more transparent, change tax incentives for taxpayers and make other adjustments. Labuan feels the urge to improve now, since this tax regime was created in 1990, things have changed and the Governor of the Central Bank of Malaysia mentioned this at the Labuan Industry Annual Dinn...

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International Monetary Fund Demands Tax Reform from Hong Kong

...onal economy. This means, every business, from small retails to giant corporations, will be able to function in this jurisdiction effectively and bring income to country’s budget. The main recommendation of the IMF is to create new, progressive tax regime, which will include earlier rejected value-added tax, sales tax and other variations. **This will let Hong Kong to remain an innovative off...

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GST and Excise Tax Revision in Belize’s New Budget

...%.** The regime changes are implemented according to the OECD compliance requirements, and also to minimize abuse, tax evasion and any other negative factors for Belize’s Government.**International Business Companies will enjoy preferential low-tax regime until October 2018.** The other transitions will be implemented soon, as Belize will amend its tax regime according to the international co...

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Will Bahamas be Removed from the EU Tax Blacklist?

... provisions correspond with the BEPS minimum standards. This compliance means absence of harmful tax provisions, tax treaties, work on cross-border dispute resolution and prevention of tax abuse. In this case, **Offshorelicense Ltd** is aware of all tax regimes in offshore territories and is ready to assist with choosing the right one for you.

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