Immovable property tax is normally payable on 30 September each year by all owners of immovable property in Cyprus. The tax is assessed on the taxpayer’s total holding of immovable property on the preceding 1 January, valued at 1980 values.
After a number of proposed amendments the new law setting the rates of immovable property tax for 2013 has been passed by the Cyprus parliament and published in the official gazette. The rates applied to […]
1. M.H. Investments, 2. J.H. Investments v the Cayman Islands Tax Information Authority – Cause No. G391/2012
In a notable and detailed decision of the Grand Court of the Cayman Islands dated 13 September 2013, Hon. Justice Quin issued an order for Certiorari quashing the decisions of the Cayman Islands Tax Information Authority (“CITIA”) to provide information to the Australian Tax Office (“ATO”) pursuant to four requests ostensibly made under the Tax Information Exchange Agreement […]
On May 17 a steering committee, consisting of the Swiss finance minister, the commissioner of the Swiss Federal Tax Administration, the head of the Swiss Finance Administration, the state secretary for International Finance Matters, and four cantonal finance directors, published an intermediate report regarding how the cantonal tax regimes challenged by the European Union could be replaced in a way that maintains Switzerland’s attractiveness for foreign investors.1
While the intermediate report, ”Measures to Reinforce the […]