In the quest for an alleged tax justice, a recent EU Directive to implement the OECD’s global minimum tax for multinational enterprises may negatively impact smaller countries, hamper free capital movement and also undermine tax competition

Various leaks of data over the past years have brought to light a trove of private or concealed financial information, but are invasion of privacy and demonisation of offshore companies absolutely indispensable?

Now is the time to rethink tax. How can we use it in a more diversified way to help us overcome the challenges brought about by the global pandemic?

The EU is moving to increase its taxation powers and create a more integrated, federalist Europe. This is bad news for many of its member states, which could see their competitiveness on the world stage suffer as a result

At a time when governments are making more concerted efforts to restrict tax optimisation, having an advisor with top drawer knowledge of all the complex intricacies of tax law is more important than ever

Increased collaboration between EU member states continues to reduce tax competition, but there are still an array of further methods that can be used to reduce complexity and optimise returns

Sweeping measures on taxation could create a harmonised structure across the EU, but this in turn could severely weaken countries’ tax systems

In the second part of our conversation with Jonathan Chazkal, he explains the information that will be exchanged and when

Jonathan Chazkal from Afschrift Law Firm discusses the last chance for Belgium’s tax residents to come clean about overseas assets

World Finance spoke to Thierry Afschrift, founder of Afschrift Law Firm and university professor, about how tax lawyers can respond to a changing European environment