Anglo-Italian Chartered Accountants and Cross-Border Wealth Advisors
TAX | LAW | WEALTH | FINANCE
Do you know what an Authorized Economic Operator (A.E.O.) is? The AEO is a customs operator recognized as reliable in the context of customs activities and, as such, is authorized to enjoy specific benefits throughout the European Union. In June 2005, the World Customs Organization (WCO) Council adopted the SAFE…
With Regulation (EU) 2023/956 of the European Parliament and of the Council of 10 May 2023, published in the Official Journal of the European Union on 16 May 2023, a new tax instrument has been introduced for the EU budget — the so-called Carbon Border Adjustment Mechanism (CBAM). This regulation…
Have you received a letter from HMRC inviting you to declare your foreign assets and income to the UK Government? No need to panic. In this article, we provide some clarifications on HMRC’s guidelines for taxpayers wishing to use the Worldwide Disclosure Facility (WDF) to declare offshore wealth. General Overview…