Bermuda Introduces New ICO Regulations The Government of Bermuda has introduced new regulations on Initial Coin Offerings (ICOs), local news outlet the Royal Gazette reported on Friday. Speaking before the island’s House of Assembly, the Premier and Minister of Finance of Bermuda David Burt revealed that the new regulatory framework specifies the minimum required information...Read More

UK: HMRC seeks powers to force third party disclosure without judicial oversight   HMRC has begun a consultation on what it describes as ‘the relevance of the third-party information powers enacted by schedule 36 of the Finance Act 2008‘. However, tax enforcement experts say it proposes ‘unprecedented powers’ to obtain information about taxpayers, including non-residents,...Read More

Germany drafts bill to tax the sale of property companies owned by non-residents A draft bill for the German Annual Tax Act 2018, published by lawmakers in late June, proposes to levy taxes on the sale of real estate companies owned by foreign-based taxpayers. Content of the new regulation The new right to levy taxes...Read More