US: The GILTI High-Tax Exclusion – a Planning Tool for noncorporate US Shareholders
www.mwe.com/insights/the-gilti-high-tax-exclusion-an-additional-planning-tool-for-noncorporate-us-shareholders/See also:bit.ly/2IJM5ym 0
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Singapore: MAS to amend Payment Services Act to adopt enhanced FATF standards
insightplus.bakermckenzie.com/bm/financial-institutions_1/singapore-mas-to-amend-payment-services-act-to-adopt-enhanced-financial-action-task-force-standardswww.mas.gov.sg/-/media/MAS/News-and-Publications/Consultation-Papers/2019-Consultation-Paper-on-Proposed-Amendments-to-PS-Act/Response-to-Feedback-Received-on-Proposed-Amendments-to-the-Payment-Services-Act.pdfwww.mas.gov.sg/-/media/MAS/News-and-Publications/Consultation-Papers/2020-Consultation-Paper-on-Notice-on-Identity-Verification-P007-2020/Consultation-Paper-on-Notice-on-Identity-Verification.pdf 0
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UK: Ignorance of the law as ‘reasonable excuse’
www.rpc.co.uk/perspectives/tax-take/belloul-ignorance-of-the-law-was-a-reasonable-excuse-for-failing-to-notify-hmrc/#page=1 0
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US: IRS removes one of four options to correct foreign reporting
www.withersworldwide.com/en-gb/insight/irs-removes-one-of-four-options-to-correct-foreign-reporting 0
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UAE: New Tax Evasion Court
waselandwasel.com/articles/new-tax-evasion-court-uae/waselandwasel.com/articles/two-tax-dispute-resolution-committees-formed-for-dubai-decree-no-691-2020/ See also:waselandwasel.com/articles/uae-supreme-court-extends-time-limit-to-challenge-decisions-of-the-tax-dispute-committees/waselandwasel.com/articles/no-tax-penalties-without-fta-public-clarification-rules-the-tax-dispute-resolution-committee/waselandwasel.com/articles/uae-supreme-court-first-tax-evasion-criminal-case/ 0
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Australia: How to respond if the ATO sues for a tax debt that you disagree with?
bit.ly/3iPu9AdSee also:jws.com.au/en/insights/articles/2022-articles/the-ato-ramps-up-its-recovery-of-existing-and-anti 0
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US: NY State takes aim at Sotheby’s in multimillion-dollar tax fraud lawsuit
New York State takes aim at Sotheby’s in multimillion-dollar tax fraud lawsuit 0
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Russia: Currency legislation relaxed
www.cms-lawnow.com/ealerts/2020/11/russia-to-relax-currency-legislation-starting-1-january-2021?cc_lang=en 0
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UK: Post Brexit Financial Services Bill introduced
hsfnotes.com/fsrandcorpcrime/2020/10/22/uk-post-brexit-reform-financial-services-bill-introduced/#page=1www.tltsolicitors.com/insights-and-events/insight/financial-services-bill-an-overview/brexit.freshfields.com/post/102h0xb/global-britain-and-financial-services-brexit-impacts-and-future-prospectsSee also:www.mhc.ie/latest/insights/what-does-a-no-deal-brexit-mean-for-financial-servicessites-herbertsmithfreehills.vuturevx.com/20/21553/landing-pages/2020.02.11—fsb-e-bulletin—to-publish.pdfwww.traverssmith.com/knowledge/knowledge-container/travers-smiths-alternative-insights-financial-services-policy-in-a-post-brexit-britain-issue-14/Update:blog.burges-salmon.com/post/102gxwl/fca-speech-on-regulatory-landscape-post-brexitwww.traverssmith.com/knowledge/knowledge-container/beyond-brexit-financial-services/www.traverssmith.com/knowledge/knowledge-container/retained-eu-law-10-key-questions/www.womblebonddickinson.com/uk/insights/articles-and-briefings/unravelling-mystery-financial-services-post-brexitwww.shearman.com/perspectives/2022/03/csfi-series–the-city-post-brexit#page=1Microsoft Word – 15953289_2.docx (stevens-bolton.com) 0
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US: Crypto Currencies valued at $24 million seized, assisting Brazil
www.justice.gov/opa/pr/us-seizes-virtual-currencies-valued-24-million-assisting-brazil-major-internet-fraudblockchain.bakermckenzie.com/2020/11/10/u-s-seizes-24-million-in-virtual-currency-under-mlat-request-from-brazil/#page=1 0
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