Ireland Must Recover 13 Billion Euros in Illegal State Aid to Apple.

The European Commission has today issued a press release confirming their finding that Ireland, granted undue tax benefits of up to €13 billion to Apple. This is illegal under EU state aid rules, because it allowed Apple to pay substantially less tax than other businesses. Ireland must now recover the illegal aid. Commissioner Margrethe Vestager,… More Ireland Must Recover 13 Billion Euros in Illegal State Aid to Apple.

FHA TAX ALERT – Barbados 2016 Budget

FRANHENDY ATTORNEYS TAX ALERT Growth Returns to the Barbados Economy. Trajectory is Not Assured. No Additional Direct Tax Measures to Support the International Business and Financial Services Sector (IBFSS). Emphasis on Public-Private Sector Partnership to Spur Growth in the IBFSS Summary of the  2016 Budgetary Proposals:  Removal of the imposition of duty on yachts remaining in Barbados… More FHA TAX ALERT – Barbados 2016 Budget

What You May Have Missed This Week…

FRANHENDY ATTORNEYS  WEEKLY REPORT TAX Is Africa now being carved up by a complicated web of offshore accounts, tax havens and tricky paper trails? New research seems to suggest this is exactly what’s going on. Offshore companies connected to 44 of Africa’s 54 countries disturbingly appear in the Panama Papers leak. Over 1,400 companies in the… More What You May Have Missed This Week…