Malta: Increased Investment In The Digital Gaming Sector: Tax Credits And Beyond

The Government’s investment in the digital gaming industry will be carried out via the establishment of the Malta Games Fund, which has been allocated €150,000 to help develop the expansion of the local game industry through projects related to digital games.

A tax credit scheme, aimed at assisting Maltese companies to commission educational or promotional digital games, complements this initiative. This tax credit will be granted on expenditure incurred in the development of the game, […]

By |March 15th, 2012|

Belgium: Tax Aspects Of An Acquisition Of Own Shares

From a tax point of view, an acquisition of own shares can be interesting especially when economic or financial reasons to do so also exist.

Some motivations could be the fact to allow third parties to enter into the capital without forcing them to find huge funding, optimizing the financial structure, or other motives as mentioned in the previous article.

Please note that a purchase of own shares for mere tax reasons is in certain cases […]

By |March 4th, 2012|

United Arab Emirates: The Cyprus & UAE Tax Treaty

On January 1, 2012 the tax treaty between Cyprus and the UAE is set to come into effect. Adriaan Struijk, Chairman of the Freemont Group, looks at how this partnership can offer a more secure solution for outward investment into the EU or Russia.

In February 2010, a tax treaty was signed between Cyprus and the UAE. The treaty largely follows the Organisation for Economic Co-operation and Development model (OECD) convention for tax treaties. A […]

By |February 1st, 2012|