What are the European Union’s ‘black’, ‘grey’ and even ‘white’ lists, and what does it mean to be on any of these ‘lists’? So far, the EU has reviewed more than 200 jurisdictions to see if their tax regimes are transparent, promote fair tax competition, and in alignment with the OECD’s Base Erosion and Profit Shifting (BEPS) minimum standards.
In the seventh video of this series, we talk to Michael Thomas, Global Head of Information Reporting Services, about the differences between these EU ‘Lists’.
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How can companies demonstrate ‘substance’, and how can Vistra help?
10 September 2019
Before a company decides to establish ‘economic substance’ in any offshore jurisdiction, it is crucial for it to have gained a full understanding of its classification in relation to the substance legislation. Should a company decide to set up substance in the…
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What should the top priority for companies with offshore entities be right now?
27 August 2019
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19 August 2019
What is the Vistra Economic Substance Classification Questionnaire?
13 August 2019