About Renald Camilleri

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So far Renald Camilleri has created 224 blog entries.

New Tax Treaty between Spain and the United Kingdom on Gibraltar

March 20th, 2019|Categories: AITC, Newsletters, Tax|

By Emilio Alvarez Arjona (https://accountinginspain.com) Spain and United Kingdom have agreed a new Tax Treaty on Gibraltar. In first place, [...]

Post-implementation review of the Tax Transparency Code in Australia

March 4th, 2019|Categories: AITC, Newsletters|

By Vicca Chartered Accountants The Board of Taxation (the Board) is conducting a post-implementation review of the Tax Transparency Code [...]

IFRS 9 Financial Instruments (Cyprus)

February 22nd, 2019|Categories: AITC, Newsletters, Tax|

By Yiallourides & Partners Ltd IFRS 9 despite the wide perception actually affects not only financial institutions but much more [...]

Corporate inversion – a new green path: The transfer of shares in an Israeli company to a foreign company that is resident in a treaty country

February 13th, 2019|Categories: AITC, Newsletters|

By Artzi, Hiba, Elmekiesse, Cohen - Tax Solutions Ltd. The Israeli Tax Authority has recently published a new green path, [...]

Two BEPS measures introduced into the Australian Parliament

February 8th, 2019|Categories: Uncategorised|

By Robert Gordon, Pointon Partners Bills to enact OECD BEPS measures No 2 & 15 were introduced into the House [...]

New preferential tax policy for Small & Medium-sized Enterprises (SMEs) in mainland China

January 31st, 2019|Categories: AITC, Newsletters|

On 17 January 2019, the Chinese Ministry of Finance and State Administration of Taxation jointly issued a circular Cai Shui [...]

WHAT DOES THE NEW PAPUA NEW GUINEAN GST LAW MEAN TO YOUR BUSINESS?

January 30th, 2019|Categories: AITC, Newsletters|

The 2019 budget has done away with the GST exemption, on supplies made to resource companies, from 1 January 2019. [...]

Global Business Reforms in Mauritius

January 23rd, 2019|Categories: AITC, Newsletters|

The Mauritian Global Business Sector has undergone key transformations following the National Budget 2018-2019 and recommendations made by the OECD, [...]

Implementation of the European Union Anti-Tax Avoidance Directive

January 23rd, 2019|Categories: AITC, Newsletters|

Legal Notice 411 of 2018 which came into force at the end of last year has brought about the implementation [...]

New Family Bonus Plus in Austria

January 1st, 2019|Categories: Uncategorised|

The tax rules for families with children will be changed as of January 2019. The new benefit is called "Family [...]

IRS Update Makes Voluntary Disclosures For Foreign Accounts More Expensive

December 17th, 2018|Categories: Uncategorised|

The cost of voluntarily disclosing previously unreported offshore assets to the IRS avoid criminal prosecution, just got more expenses under [...]

New tax incentives to boost research & development activities in Hong Kong

December 10th, 2018|Categories: Uncategorised|

In order to promote Hong Kong as an international research & development (R&D) hub and attract more R&D activities to [...]

Employee Share Option Plans in Hong Kong

November 23rd, 2018|Categories: AITC, Newsletters, Tax|

Employee Share Option Plans in Hong Kong How does ESOP work? Employee Share Option Plan (ESOP) refers to the mechanism [...]

2019 PAPUA NEW GUINEA BUDGET – EXPERT COMMENTARY BY SHISHYA BUSINESS SERVICES

November 15th, 2018|Categories: AITC, Newsletters, Tax|

The Deputy Prime Minister and Minister for Treasury, Hon. Charles Abel handed over the 2019 Budget on behalf of O’Neill-Abel [...]

Austrian Tax free allowance 2018 – pay less Income Tax

November 14th, 2018|Categories: AITC, Newsletters, Tax|

Dear clients, The year 2018 will come to its end soon and we wanted to remind you of the Austrian [...]

Malta’s labour marked has increased resulting in a very low rate of unemployment

October 31st, 2018|Categories: AITC, Newsletters, Tax|

Malta announces its 2019 Budget whereby the country has recorded an economic growth leaving surplus of 1% in the country’s [...]

OVDP Ended Sept. 28 – So Now What?

October 31st, 2018|Categories: AITC, Newsletters, Tax|

We originally posted on March 13, 2018 IRS to End OVDP Sept. 28 - Last Chance for Taxpayers With Undisclosed [...]

PNG’s Internal Revenue Commission (IRC) hosted a Meet and Greet session

October 30th, 2018|Categories: AITC, Newsletters, Tax|

On October 12, 2018, PNG’s Internal Revenue Commission (IRC) hosted a Meet and Greet session for certain large tax payers, [...]

Proceeds from Export of Goods Must Be Brought Into To Turkey And A Minimum Of 80% Of The Said Proceeds Are Required To Be Sold To The Banks

October 29th, 2018|Categories: AITC, Newsletters, Tax|

Communiqué No. 48 regarding the Decree No. 32 on the Protection of the Value of the Turkish Currency is published [...]

Accelerated Reduction of Company Tax Rates now Law

October 26th, 2018|Categories: AITC, Newsletters, Tax|

The previously legislated tax cuts for small business included a reduction to eligible entity’s rate to 27.5% and a progressive [...]

Anti-Money Laundering & Countering Financing Of Terrorism (AML/CFT)

October 25th, 2018|Categories: AITC, Newsletters, Tax|

You may have already been asked for increased proof of identity and in some cases, information regarding your tax residency [...]

Malta goes Blockchain

October 11th, 2018|Categories: AITC, Newsletters, Tax|

Malta introduces the enactment of three pieces of legislation; namely: The Malta Digital Innovation Act, The Innovative Technology Arrangement and [...]

New startup visa introduced in Shanghai

October 10th, 2018|Categories: AITC, Newsletters, Tax|

Shanghai’s Public Security Bureau introduced, in May 2018, a new ‘’Private Residence Permit (Entrepreneurship)’’, most commonly known as ‘’Business Startup [...]

China proposes new measures for foreign investors’ strategic investments in listed companies

October 10th, 2018|Categories: AITC, Newsletters, Tax|

The Chinese Ministry of Commerce (‘’MOC’’) released on 30 July 2018 a draft on the amended Administrative Measures for Strategic [...]

China Individual Income Tax Reform

October 10th, 2018|Categories: AITC, Newsletters, Tax|

The Chinese government has recently released the draft amendments to the Individual Income Tax (“IIT”) Law to the public for [...]

US Expats with non US corporations

October 1st, 2018|Categories: AITC, Newsletters, Tax|

US Expats with non US corporations, hold your hats…..The Tax Cuts and Jobs Act (TCJA) of 2017 imposed a one [...]

150 Offshore Banks Are Turning Over Your Names To The IRS and the OVDP Program Ends on Sept. 28 – What Are You Waiting For?

October 1st, 2018|Categories: AITC, Newsletters, Tax|

The Internal Revenue Service announced in IR-2018-52 on March 13, 2018 that it will close the OVDP program on Sept. [...]

AGM 2018 Los Angeles

September 20th, 2018|Categories: AITC, Newsletters|

AITC held its AGM in Los Angeles between the 31st August and 2nd September 2018 hosted by our USA member [...]

Property acquisition opportunities in Mauritius: a must visit destination

August 21st, 2018|Categories: AITC, Newsletters|

Mauritius, ideally located in the Indian Ocean, has a mild, tropical climate year-round and is praised for its idyllic landscape [...]

PAPUA NEW GUINEA TAX – JUN 2018

July 19th, 2018|Categories: AITC, Newsletters, Tax|

This article highlights the changes introduced to tax remittance process by Internal Revenue Commission (IRC) of PNG, from 1 June [...]

AFRICA-TRADE STRAGEGY

July 6th, 2018|Categories: AITC|

Africa is the world's second largest and second most-populous continent with a population more than 1.25 billion. Today, Africa comprises [...]

AITC Welcomes the New Panama Member

May 24th, 2018|Categories: Newsletters, Tax|

The President and the Board of AITC welcome Mr. Alessandro Cavallera of N&C Capital as a new member within the [...]

Managing the Foreign remittance process in Papua New Guinea

May 19th, 2018|Categories: Newsletters, Tax|

In the past few years, we have seen PNG facing acute shortage of foreign currency and businesses are hard hit. [...]

India: Tax & Professional updates For May 2018

May 16th, 2018|Categories: Newsletters, Tax|

RBI came up with the latest changes on ECB on the 27th of April 2018, which has been incorporated in [...]

2018 Australian Federal Budget – A Business Perspective

May 14th, 2018|Categories: Newsletters, Tax|

The 2018 Federal Budget was in Tax and fiscal terms was a  generally a lacklustre affair. Herein is a business [...]

The Offshore Voluntary Disclosure Program and Cryptocurrency

May 11th, 2018|Categories: Newsletters, Tax|

Do you think the IRS's recent announcement that it is ending its Offshore Voluntary Disclosure Program (OVDP) and Streamlined program [...]

US Expatriates Living Abroad – What You Should Know About the New Tax Law – Part II

May 7th, 2018|Categories: Newsletters, Tax|

The Tax Cuts and Jobs Act 2017 (TCJA) changed many things, including reporting and taxing requirements for US taxpayers living abroad. [...]

Mauritius: 50 years of Independence this year

April 23rd, 2018|Categories: Newsletters, Tax|

Mauritius having attained its independence on 12 March 1968, has celebrated it’s 50 years of Independence this year. The Golden [...]

Creatrust Securitisation Platform

April 20th, 2018|Categories: Newsletters, Tax|

Promoters or Issuers use securitisation vehicles as an alternative to traditional bank funding, to transfer risk or deconsolidate risk off [...]

US Expatriates Living Abroad – What You Should Know About the New Tax Law – Part I

April 16th, 2018|Categories: Newsletters, Tax|

The Tax Cuts and Jobs Act 2017 (TCJA) changed many things, including reporting and taxing requirements for US taxpayers living abroad. [...]