Tax & Accounting Blog

Two More Combined Tax Areas In Texas

Two More Combined Tax Areas In Texas

Texas has added two new combined tax areas since April: Fate/Rockwall County Assistance District (effective April 1st 2016) Cleveland/East Montgomery County Improvement District (effective July 1st 2016) This brings the total number of combined tax areas in Texas up to 42. Combined tax areas are “unique areas where a portion of a city overlaps another … Read More

Liechtenstein Opens Consultation on Implementation of Beneficial Ownership Register

Liechtenstein Opens Consultation on Implementation of Beneficial Ownership Register

On July 12, 2016, Liechtenstein released a 193-page consultation on the implementation of a beneficial ownership registry in line with the Fourth EU Anti-Money Laundering Directive (EU 2015/849). Companies would have to disclose the identities of their ultimate owners under a proposal to come in line with European anti-money laundering recommendations. See … Read More

Mercosur and EU FTA

Mercosur and EU FTA

Twelve years after the first discussions about a possible Free Trade Agreement between MERCOSUR[1] and the European Union, members of the two blocs met in Brussels on 12 May 2016 and exchanged a list of commercial offers between them. This exchange, which occurred for the first time since 2004, included almost all agricultural … Read More