Luxembourg introduces new tax package
On 17 July 2024, Minister of Finance Gilles Roth announced Luxembourg’s new tax package for individuals and businesses, entitled “Recovery Package.
SEC, FinCEN propose CIP requirements for Investment Advisers
In May 2024, the Securities and Exchange Commission (SEC) and the Financial Crimes Enforcement Network (FinCEN) of the Department of the Treasury jointly proposed a new rule that would subject SEC-registered investment advisers (RIAs) and exempt reporting advisers (ERAs) to the requirements of the customer identification program (CIP).
Summary: Proposed measures to Portugal’s tax rules
Under Portugal’s Accelerate the Economy Programme, there are measures that propose changes to the country’s tax rules.