EU targets tax loopholes on Isle of Man and Italy

The Isle of Man and Italy have reportedly given illegal tax breaks to some of the world’s wealthiest people over their purchases of private jets and yachts. And now the European Commission has launched infringement proceedings.


Switzerland to amend definition in the CRS

This article discusses the change announced in the FAQ, details the jurisdictions affected and highlights the key obligations and considerations for Swiss FIs in complying with the amendment