Estonia’s new Parliament has recently approved significant amendments to the country’s tax laws, which are set to take effect between 2023 and 2025. The amendments underwent substantial changes during parliamentary discussions, and below is a summary of key changes along with some draft acts still under review. Changes in VAT Rates: Standard VAT Rate Increase: […]

On 21 June 2023, the Finance Ministers of Belgium and the Netherlands finalized a new double tax treaty and protocol, which was officially published on 22 June 2023 (NL – FR). This latest agreement is set to replace the existing Belgian-Netherlands double tax treaty, which was established in 2001 and later amended in 2009 through […]

Today, the Home Office released a statement of changes to the Immigration Rules, imposing a visa regime on Dominica, Honduras, Namibia, Timor-Leste, and Vanuatu. Nationals from these countries will now be required to obtain a visa before visiting or transiting through the UK. The decision to implement these changes is in response to the large […]

The United Kingdom government is preparing to take action to suspend the current visa-waiver agreement with Dominica in July, with similar suspensions to follow for other Caribbean nations. The countries affected include St Lucia, Grenada, Antigua and Barbuda, and St Kitts and Nevis, and these suspensions will be implemented in phases by the end of […]

In a recent announcement on 13 July 2023, the UK Prime Minister unveiled plans for significant increases in visa application fees and the Immigration Health Surcharge (IHS). These measures have been proposed to meet the rise in public sector wages. Here are the key developments regarding the upcoming changes: Visa Application Fees: Reports suggest that […]

Hellenic Bank of Cyprus has been recognized in the annual list of the best banks in Western Europe for the year 2023, published by Global Finance. The bank received this accolade for its ability to quickly respond to customer needs in challenging conditions and achieve significant financial results. It is worth noting that Hellenic Bank […]

The Double Tax Treaty (DTT) on income and capital between the Sultanate of Oman and the Arab Republic of Egypt was signed in May 2023. While Oman ratified the DTT through Royal Decree RD 43/2023 on June 25, 2023, Egypt’s ratification is still pending. In Oman, the DTT will become effective on or after the […]

Starting from 28th June 2023, Czech Long-Term Visas are now available for digital nomads and their family members who are nationals of specific countries and work in IT or STEM fields. Digital nomads are individuals who work remotely in a different country from their home country while receiving salaries and benefits from their employers. Typically, […]

The Costa Rica Tax Authority recently released an important notice on the Ministry of Finance website, aiming to remind taxpayers engaged in providing tourism services and duly registered with the Costa Rican Tourism Institute (ICT) of the upcoming changes. Effective from 1st July 2023, these taxpayers will be required to apply a 13% Value Added […]

Panama has recently announced an updated version of its list of jurisdictions participating in the exchange of tax information under the Common Reporting Standard (CRS). The revised list now includes two additional jurisdictions: Turkey and Saint Kitts Nevis. The publication of Executive Decree No. 9 in the Official Gazette on June 29, 2023, marks the […]