While some of the reactions to the Cayman Islands’ introduction of The International Tax Co-operation (Economic Substance) Law, 2018 (Substance Law) have been less than positive, the reality is that the Substance Law is a set of rules that fairly elegantly address OECD requirements for geographically mobile activities to have economic substance ...

With a variety of new legislation in the emirates, Louise Bowmaker of Horizons & Co looks at some of the most significant recent and upcoming changes ...

The rules are a response to the UAE being put on the EU's blacklist of non-cooperative tax jurisdictions.

One of the noteworthy points under Decree 86 is educational association, which is defined as twinning between Vietnamese private kindergartens ...

On April 2 the Gambia’s parliament wrote itself into modern African history when it ratified the Africa Continental Free Trade Agreement (AfCFTA) ...

Fasken’s team examines important budget 2019 measures — some which made headlines, and others that should not escape notice.

The budget contains significant proposals to amend income and excise taxes, while also providing updates on previously announced tax measures and policies.

The government has recently promulgated several regulations that are beneficial for M&A transactions ...

Plus a rundown of recent decrees and circulars ...

Recently, the Supreme Court of Korea upheld a lower court judgment finding that under the Korea-US Income Tax Convention, where a foreign corporation has given a patent licence to a company in Korea ...

Canada's 2018 Federal Budget contains significant proposals to amend the Income Tax Act and the Excise Tax Act while also providing updates on previously announced tax measures and policies ...

It is important to remember that Africa is not a country but consists of 54 sovereign states and a huge diversity of cultures, customs, languages, ethnic groups and religions ...

Asian-mena Counsel: Competition, Thinking, AI, In-House Insights and Updates from across Asia and Africa ....

The Bureau of Internal Revenue (BIR) issued Revenue Circular No. 102-2017 clarifying the tax imposed on entities engaged in Philippine offshore gaming operations ...

A Designated Zone is required to be a specific fenced area with security measures and Customs controls in place ...