Temporary Permissions Regime & the Brexit deadline
We would like to kindly remind you that from 7 January 2019 to 28 March 2019, the Financial Conduct Authority ("FCA") online system ‘Connect’ is open for EEA-based firms and fund managers of EEA-domiciled investment funds (UCITS and AIF) currently passported into the UK to notify the FCA about their intention to participate in the …
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Finance Bill 2019: CIT reduction and optional extension of interest limitation rules on fiscal unity
On 5 March 2019 the Luxembourg government filed the new finance bill n° 7450 (“Finance Bill”) with the Luxembourg parliament
CJEU clarifies abuse and beneficial ownership concepts under the Parent Subsidiary and Interest/Roya
On 26 February 2019 the Grand Chamber of the Court of Justice of the European Union (“CJEU”) rendered 2 judgments regarding the non-application of the Parent Subsidiary Directive (Council Directive 90/435/EEC – ”PSD") and the Interest and Royalties Directive (Council Directive 2003/49/EC – “IRD”) in case of fraud or abuse, even in the absence of any …
Luxembourg Newsflash – Brexit: the Luxembourg emergency legislation – 27 February 2019
On 31 January 2019, the bill of law n°7401 (the “Bill”) was issued on measures to be taken in relation to the financial sector in case of the withdrawal of the United Kingdom (“UK”) and North Ireland from the European Union (“EU”) (“Brexit”).
(Some) clarifications regarding the Register of BOs
Publication of the Grand-Ducal Regulation of 15 February 2019 on the modalities for registration, payment of the administrative fees and on the access to the information registered with the register of beneficial owners.
What features of the tax system in your jurisdiction are particularly attractive to potential invest
The following article discusses session three in the IR Global Virtual Series on 'Tax Efficient Inbound Investment: Tax Structures for Cross-Border Acquisitions
What are the most serious tax pitfalls to be aware of when considering an inbound investment?
The following article discusses session two in the IR Global Virtual Series on 'Tax Efficient Inbound Investment: Tax Structures for Cross-Border Acquisitions
UK Visa Fees are increasing as of March 29th 2019
The United Kingdom has one of the highest visa fee rates in the world and it is no secret that applications can cost an ample amount often leaving families in economic hardship due to staggering visa fee costs. Additionally, as a result of a complicated visa application process many also lose their visa fee due …
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Malta introduces new guidelines for long term leasing, reducing the vat liability of pleasure yachts
On the 28th of February 2019 the Maltese Revenue Department published a new set of guidelines for the long term hiring of yachts and the payment of VAT. These guidelines apply to operational leases which have started on or after the 1st of November 2018. The guidelines have a number of similarities to those that …
fwp expands know-how thanks to new junior partner
Vienna, March 2019. Fellner Wratzfeld & Partner GmbH (fwp) adds valuable competence and expertise to the team by welcoming Pavel Bachleda in its midst as a new attorney-at-law and junior partner.