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Spain: General Budget Law for 2019 approved by Council of Ministers

goo.gl/oqVBScwww.jdsupra.com/legalnews/2019-state-budget-bill-of-law-main-tax-52544/?www.perezllorca.com/actualidad/nota-juridica/principales-novedades-fiscales-incluidas-en-el-proyecto-de-ley-de-presupuestos-generales-del-estado-para-el-ano-2019/ Update:www.taxathand.com/article/11128/Spain/2019/Parliament-rejects-budget-bill-2019 0
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US: IRS Guidance on transfers of Non-US Partners of Interests in Partnerships with US assets

www.jdsupra.com/legalnews/irs-issues-guidance-on-transfers-by-non-45578/www.proskauertaxtalks.com/2019/05/section-1446f-proposed-regulations-key-guidance-on-partnership-interest-transfers-by-non-u-s-persons/www.ey.com/gl/en/services/tax/international-tax/alert–us-proposed-regulations-under-section-1446-f–would-clarify-scope-of-withholding-on-transfers-of-partnership-interests See also:www.tafttaxinsights.com/2024/02/did-you-know-in-a-sale-of-assets-to-a-partnership-for-cash-and-partnership-interests-you-can-reduce-tax-by-specifying-which-assets-are-sold-and-which-are-exchanged-for-partnership-interests/#page=1 0
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Bermuda: Economic Substance Legislation

www.mwe.com/de/insights/the-economic-substance-requirements/ www.applebyglobal.com/insights/insights-2019/economic-substance-requirements-in-bermuda–the-british-virgin-islands-and-the-cayman-islands-.aspx goo.gl/D1EdBE Update:www.walkersglobal.com/index.php/publications/99-advisory/2853-bermuda-economic-substance-update Update:www.applebyglobal.com/publications/updates-on-bermuda-economic-substance-requirements/www.gov.bm/sites/default/files/Industry-Notice-18.pdfwww.consilium.europa.eu/en/press/press-releases/2022/10/04/taxation-anguilla-the-bahamas-and-turks-and-caicos-islands-added-to-eu-list-of-non-cooperative-jurisdictions-for-tax-purposes/www.fra.gov.ky/app/webroot/files/Publication%20Notice%20General%20Licence%20GL20220001.pdfwww.fra.gov.ky/app/webroot/files/Governor%20General%20Licence%20G20220001.pdfwww.cima.ky/general-licence-under-russian-sanctions-issueddata.consilium.europa.eu/doc/document/ST-13092-2022-INIT/en/pdfwww.consilium.europa.eu/media/59347/st12612-en22.pdfwww.careyolsen.com/briefings/bermuda-removed-eus-annex-ii-council-europe 0
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Romania: Major tax amendments enacted

www.cms-lawnow.com/ealerts/2019/01/romania-enacts-major-tax-amendmentswww.volciucionescu.com/proposed-changes-to-the-financial-assets-tax-affecting-banks-in-romania/www.dlapiper.com/en/southafrica/insights/publications/2019/01/global-tax-alert/ stalfort.ro/wp-content/uploads/2019/01/20190129-AZ-Tax_surprises_at_the_turn_of_the_year_part_1.pdf 0
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UK: Update on Entrepreneurs’ Relief

www.cms-lawnow.com/ealerts/2019/01/entrepreneurs-relief-good-news-at-lastwww.kattenlaw.com/Potentially-Helpful-Changes-to-Entrepreneurs-Reliefbrodies.com/blog/personal-law/6-things-you-need-to-know-about-investors-relief/ www.clydeco.com/insight/article/entrepreneurs-relief www.proskauer.com/blog/are-fixed-rate-preference-shares-ordinary-share-capital-for-entrepreneurs-relief-more-or-less-certaintyEntrepreneurs’ Relief – the family dynamic (taylorwessing.com) See also:goo.gl/uipLP9 0
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France: Finance Bill for 2019 enacted

 https://www.twobirds.com/en/news/articles/2019/france/finance-bill-taxation-of-individuals-january-2019www.ey.com/gl/en/services/tax/international-tax/alert–french-parliament-approves-finance-bill-for-2019goo.gl/RkyrHESee also:www.ey.com/gl/en/services/tax/international-tax/alert–french-finance-www.ey.com/gl/en/services/people-advisory-services/hc-alert–france-makes-significant-changes-to-taxation-of-nonresidents-with-french-source-incomebill-for-2019-modifies-french-annual-trust-reporting-requirementsSee also:rosemont-int.com/en/article/news/latest-developments-on-french-wealth-tax-2019-does-the-debt-still-pay-off?utm_source=Sarbacane&utm_medium=email&utm_campaign=Tax%20-%20IFI%20Alert%20April%202019 0
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UK: Cyber Fraud – follow the money

www.clydeco.com/insight/article/cyber-fraud-follow-the-moneywww.shlegal.com/insights/finance-litigation-podcast-series-2022#page=1 See also:www.rpc.co.uk/perspectives/commercial-disputes/how-can-i-find-the-golden-egg-part-2-ask-the-easter-bunny-or-third-parties/www.rpc.co.uk/perspectives/tax-take/taxing-matters-private-prosecutions-an-essential-part-of-your-business-toolkit/#page=1www.rpc.co.uk/perspectives/tax-take/taxing-matters-ashbolt-and-arundell-challenging-search-warrants/#page=1www.foxwilliams.com/2022/05/26/offshore-interim-relief-in-international-fraud-and-asset-chases-a-view-from-lidw22/ 0
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US: Final rules on pass-through deduction for small businesses trusts and estates

home.treasury.gov/news/press-releases/sm589www.irs.gov/newsroom/treasury-irs-issue-final-regulations-other-guidance-on-new-qualified-business-income-deduction-safe-harbor-enables-many-rental-real-estate-owners-to-claim-deductionbakertilly.com/insights/pass-through-entity-business-deduction/www.loeb.com/en/insights/publications/2018/01/the-new-pass-through-deduction-explainedwww.omm.com/resources/alerts-and-publications/alerts/proposed-regulations-provide-relief-for-individual-and-pass-through-shareholders/www.bakermckenzie.com/en/insight/publications/2019/03/individual-us-tax-payerswww.ey.com/gl/en/services/tax/international-tax/alert–report-on-recent-us-international-tax-developments—15-march-2019www.moodysgartner.com/irs-regulations-clarify-gilti-tax-relief-to-us-individual-shareholders-with-the-sec-962-election/www.jdsupra.com/legalnews/proposed-rental-business-safe-harbor-89796/www.dentons.com/en/insights/alerts/2019/march/15/irs-and-treasury-issue-proposed-regulations-allowing-50-percent-gilti-deduction-to-individualswww.bgdlegal.com/blog/20-small-business-income-tax-deduction-available www.eidebailly.com/insights/articles/2019/6/five-reasons-international-businesses-should-consider-gilti See also: www.jdsupra.com/legalnews/final-gilti-regulations-and-proposed-46836/ www.jdsupra.com/legalnews/final-gilti-regulations-and-proposed-46836/ herzoglaw.co.il/en/news-and-insights/83b-election-update/ 0
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