I. Introduction and Scope This guidance is crucial for all AIFMs, including Internally Managed Alternative Investment Funds (AIFs), authorized or registered by the CBI, or those managing/marketing AIFs in Ireland.…
1. Introduction and Core Purpose The DORA oversight framework is established to address the growing reliance of financial entities (FEs) on external Information and Communication Technology (ICT) services and the…
1. General Provisions What documentation should be consulted? Amended Law of 18 December 2015 Amended Grand-Ducal Regulation of 15 March 2016 ACD official FAQs Circular ECHA No. 4 CRS XSD…
1. ECHA - n° 4 The ECHA - n° 4 serves as a detailed guide for Luxembourgish RFIs on fulfilling their CRS reporting obligations. It covers various aspects of XML…
1. Introduction and Core Objective The primary objective of this reporting is to combat VAT fraud by enabling competent authorities of Member States to control the supply of goods and…
Overview of the Crypto-Asset Reporting Framework (CARF) and its implications for global tax transparency. Key Takeaways: Global Initiative for Tax Transparency: The Crypto-Asset Reporting Framework (CARF) is an OECD-led international…
Source: "Crypto-Asset Reporting Framework XML Schema: User Guide for Tax Administrations – Version 1.0 – October 2024" (OECD, 2024) 1. Executive Summary This post outlines the key themes and essential…
This detailed briefing document reviews the main themes and most important ideas and facts from the provided sources, focusing on the "Standard for Automatic Exchange of Financial Information in Tax…
This title introduces a suite of measures designed to improve transparency and enforcement regarding foreign financial assets. Foreign Account Tax Compliance Act (FATCA) Framework (New Sections 1471-1473):Withholding on Payments to…
Source: Directive (EU) 2021/2101 of the European Parliament and of the Council of 24 November 2021 amending Directive 2013/34/EU as regards the disclosure of income tax information by certain undertakings…