Update: Reforms in German Tax Legislation – Overview of Pending Legislative Procedures and Legislative Initiatives

As we have already reported, the German government seems intent on completing as many tax law reforms as possible as quickly as possible before the general election in September 2021. Since May 19, 2021, the recommendations of the Bundestag Finance Committee for the KöMoG and the ATAD-UmsG have been available. On May 21, 2021, both […]

William Spiteri Bailey of RSM Malta is elected to The Malta Chamber of Commerce, Enterprise and Industry

William Spiteri Bailey of RSM Malta, a longstanding member of IR Global, is happy to announce that he has been elected to the Council of The Malta Chamber of Commerce, Enterprise and Industry. Following last Wednesday’s Annual General Meeting and subsequent voting process, Malta Chamber members elected a new council for 2021-2023. The elected members, […]

William Spiteri BaileyPartner, RSM Malta

New year, new luck – important German tax changes for companies at the turn of the year

The year 2020 is history and was a year with many unexpected challenges for the vast majority of the population and businesses. However, the wheel of tax legislation and tax jurisprudence continues to turn, even though many of the legislator’s plans were significantly influenced by the Covid-19-pandemic and are likely to be significantly influenced by […]

Reform of Sec. 50d (3) EStG (anti-treaty shopping provision)

At the end of 2020 the Federal Ministry of Finance (Bundesministerium der Finanzen, BMF) presented a draft bill for a Withholding Tax Relief Modernisation Act (Abzugsteuerentlastungsmodernisierungsgesetz, AbzStEntModG), which is intended in particular to address the illegality of Sec. 50d (3) German Income Tax Act (Einkommensteuergesetz, EStG) under European Union (EU) law. It also contains several […]

“BREXIT” – consequences for VAT

Since “BREXIT”, the United Kingdom’s exit from the European Union (EU), Companies with supply and service relationships with the United Kingdom of Great Britain and Northern Ireland face tougher rules for VAT purposes. Any previous VAT regulations based on EU law are no longer applied from January 1, 2021. While on December 24, 2020, the […]

Jean-François Alandry of You Are Capital participated in The Art of Deal Making: Using External Expertise Effectively

Foreword by Andrew Chilvers For ambitious companies eager to expand into overseas markets, often the conventional route of organic business development is simply not fast enough. The other option to invest in or buy a business outright is far quicker but often fraught with unforeseen dangers. And even the biggest, most experienced players can get […]

Jean-François AlandryCEO & Founder, You Are Capital

Global Business Update – 46 : The new Premium Travel Visa for long stays

Introduction As per official data communicated by the Government of Mauritius, no new Covid-19 cases through local transmission have been detected in Mauritius since 26 April 2020.The international borders have reopened since 1 October 2020 and any person may now travel to Mauritius subject to agreeing to undergo a period of quarantine in a government-approved […]

Kamal HawabhayManaging Director, GWMS Ltd

Fitch: Issuance of sovereign bonds provides economic stability for Peru

The issuance of Peruvian bonds equivalent to US$4 billion, including one due in 101 years, shows the country’s macroeconomic strength, which was a key factor for this successful operation, Director of Sovereigns for the Americas at Fitch Ratings Kelli Bissett-Tom affirmed on Thursday. “This issuance confirms Peru’s macroeconomic solvency and generates market stability expectations about […]

Lizardo Vargas-RevillaPartner, Valinvest

Peru: Country risk remained below regional average

The Peruvian Reserve Bank has reported that Peru’s EMBIG spread stood at 144 bps, while the Latin America’s EMBIG decreased 31 bps to 419 bps on November 4-11. The Peruvian indicator remained below the regional average and was in line with the results of the elections in the United States. The index is measured based on the difference between […]

Lizardo Vargas-RevillaPartner, Valinvest

Valinvest joins IR as the exclusive Corporate Finance Member in Peru

IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Lizardo Vargas-Revilla of Valinvest. Lizardo has joined IR as our exclusive Corporate Finance member in Peru. Valinvest provides financial advice or guidance to customers, such as institutional investors, companies and persons in asset management, corporate finance, tax planning, and estate planning. We have […]

Lizardo Vargas-RevillaPartner, Valinvest