The European Union’s 5th Anti-Money Laundering Directive required that EU member states should set up beneficial ownership registers for corporate and other legal entities by January 10, 2020, and for trusts and similar legal arrangements by March 10, 2020. My...
Many countries levy a so called “exit tax”, which is realised in situations where a country would lose its right to tax assets that are being transferred to another country. The purpose of exit taxes is to collect a tax on such assets before they would be out of reach...
