The coronavirus has taken its toll on the world in multiple ways, including negatively affecting the real estate market. In Budapest, the price growth of real estate has slowed down,…
Switzerland is doing its best to overcome its reputation for being closely associated with tax havens. The latest step in its efforts is to eliminate a bribery loophole. The Changes…
A recent report from the Australian Financial Review indicates that the Perth Mint has connections to tax havens, thanks to its decision to hold around $100 million worth of gold…
It is no secret that high-net-worth individuals commonly use tax havens to reduce their income or corporate tax rates, frequently going as far as owning offshore real estate. A recent…
Those involved in the real estate market in Hungary have noticed a significant drop in foreign investments. Experts connect this reduction in investments to the coronavirus pandemic. Relevant Statistics Data…
It has officially been 10 years since Hungary first introduced the tax exemption for household distillers of palinka. In honor of the anniversary, we will take a look at…
Each country has taken a slightly different approach to the pandemic, including a health perspective and a financial perspective. Budapest has suggested implementing a restart or recovery tax to help…
The Financial Times recently published a piece criticizing three water companies that continue to maintain subsidiaries in tax havens. This type of criticism is nothing new, as water companies in…
For years, the European Union has maintained a blacklist of jurisdictions that it considers tax havens. The Cayman Islands was previously on this list, but as of October, this is…
The British Virgin Islands is nearly always included on lists of tax havens. That’s because of its secrecy and how that attracts criminals looking to hide their funds. Recently, the…