Micro News

Micro News

On Monday night of last week, the Cayman Islands parliament passed new legislation: International Tax Co-operation (Economic Substance) Bill late alongside two different Bills that will greatly influence the overseas-fiscal related industry on the island.  The Cayman Prime Minister McLaughlin acknowledged…


 Hong Kong’s former Secretary of Home Undertakings has been sentenced by a New York City-based court for infringement of the Foreign Corrupt Practices Act and worldwide money laundering charges. He reportedly bribed government authorities in Uganda and Chad in return for business gain for a Chinese multinational…


The EC has recently looked into Gibraltar's corporate tax exemption scheme between 2011 - 2013 for interest, royalties and sovereignties was illicit under EU state help regulations. The Gibraltar government presently needs to issue reviewed tax receipts to the recipients of its previous arrangement;…


Cyprus authorities have accepted about 2,500 applications for golden visas. Since the launch of the Federal state program for the provision of a Cyprus passport through investment, from May 2013 to August this year, 2390 applications for Cypriot citizenship were received. A larger number of applications…


In the middle of the last month Beijing announced that it was going to impose additional restrictions on the import of solid waste. The event took place less than a year after the establishment of the first limits, which horrified the countries that shipped their garbage to China. In general, the sanctions…


The Housing and Development Board of Singapore states that next year has commissioned 800 flats less than originally planned. It is reported that the initial number of flats should have been 15,800. New housing will be available in the areas of Sengkang, Jurong West and Kallang Whampoa.


Europe Inc., one of the biggest European company, was among the first who suffers from it. Due to many restrictions, European companies show slow growth of their shares, which leads to a decrease in annual profit. The reason for this is the ongoing dispute between China and America regarding electricity…



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