European Union: EUROMAT Vs Holland On Dutch iGaming Tax Legislation

Back in 2012, the land-based gaming sector in Denmark had put forward an official complaint with regards to the regulations that were subsequently applied to its online gaming market. In the present, a similar case occurred this week when the European Amusement and Gaming Federation EUROMAT along with its Dutch member, the VAN Kansspelen Branche-organisatie presented a complaint to the European Commission with regards to Holland’s upcoming igaming legislation.

As markets in Europe are looking […]

By |May 18th, 2015|

Malta: The Budget Measures Implementation Act 2015

Following the presentation of the Budget by the Minister for Finance back in November of last year, the Budget Measures Implementation Act XIII has on the 30th of April 2015 been enacted by the Maltese Parliament. The following article summarizes the main changes effected to the Income Tax Act, the Income Tax Management Act and the Duty on Documents and Transfers Act.

The amendments include amongst others the introduction of new tax rates for individuals, […]

By |May 18th, 2015|

File Timely Returns!

In the recent case of Coyle v. United States (In re Coyle), 524 B.R. 863 (Bankr. S.D. Fla. 2015)(http://www.flsb.uscourts.gov) the U.S. Bankruptcy Court for the Southern District of Florida (“Bankruptcy Court”) held that a debtor’s untimely Form 1040 for 2006 that was filed in 2010, after the Internal Revenue Service’s (“IRS”) assessment of her tax liability for 2006, was not an honest and good faith effort to comply with the tax laws, was not […]

By |May 18th, 2015|