News

EU whistle-blower protection improved with latest EU directive

Monday 18th March 2019

At 6CATS, something we’ve been vocal on is the movement of countries and international bodies towards tougher tax systems. The latest development in this regard is a new EU directive aimed at protecting whistle-blowers that expose crimes such as tax fraud. This is expected to lead towards more companies and individuals being prosecuted for tax… [continue reading]

Contractor compliance set to get more complicated as Singapore’s ‘Not Ordinarily Resident’ scheme is scrapped

Friday 15th March 2019

A major player in the APAC region, Singapore has a reputation as one of the strongest economies in the world. In fact, in 2018, the country was ranked as the second most open economy, as well as the second most pro-business regime in 2019. It’s also a hugely attractive destination for contractors, with high demand… [continue reading]

France and USA team up to achieve global digital taxation

Monday 11th March 2019

Here at 6CATS, we’re clear about the fact that authorities across the globe are increasing efforts to target tax evasion. Be it huge multinational corporations, or independent contractors, more and more scrutiny is being employed by authorities to ensure compliance. The latest development in this movement comes from France and the USA, two destinations that… [continue reading]

Qatari tax change makes compliance in the region more complicated than ever

Friday 8th March 2019

At 6CATS, we’ve been very vocal about the movement of countries to a complex and comprehensive tax system, and the need for contractors to be aware of the compliance challenges of working abroad. Recently, we have even seen well known ‘tax havens’ implementing stricter regulations. In previous blogs, for example, we have written about how Panama,… [continue reading]

Tax evasion in France scrutinised more than ever with record fine

Tuesday 5th March 2019

It’s clear that authorities worldwide are striving to introduce stricter tax and compliance systems. The latest news illustrating this comes out of France, a country that has undoubtedly been taking a leading role in this movement of late. We have previously written about the destination’s role in pushing for tax to be introduced to digital… [continue reading]

Extension of offshore time limits makes contractor compliance more important than ever

Friday 1st March 2019

Here at 6CATS, we’re always observing the latest developments in tax and compliance in order to provide the best service possible to contractors. Something that we’ve recently been warning the market about is the increasingly aggressive stance that HMRC and other global authorities have taken towards tax evasion. This has stemmed in part from the… [continue reading]

Panama tax law change outlaws tax evasion for the very first time

Monday 25th February 2019

Panama, often considered to be one of the world’s premier tax havens, and origin of one of the largest evasion scandals in recent memory, has been making the news once again, but this time, for positive reasons. Recent reports suggest that Panama seems to finally be falling in line with global tax regulations. According to… [continue reading]

Contracting in Hungary: Booming Economy Creating Talent Shortage?

Friday 22nd February 2019

Hungary, a country we’ve written about before, has been making headlines again. No, not for its latest policies aimed at triggering a ‘baby boom’, but for the news that its strong GDP growth may be about to create countrywide skills shortages. Hungary’s economy has been growing continuously for a while now, and as a result,… [continue reading]

Switzerland tax evasion amnesty brings in $44.5bn

Tuesday 19th February 2019

Switzerland, a country considered by many as a tax haven, is taking a tougher stance than ever on tax fraud. The country looks to have bowed to international pressure and begun falling in line with international efforts to crack down on tax evasion. In fact, recently, Switzerland made its first exchange of information under the… [continue reading]

Contracting in the EU: Is it about to get more complicated?

Friday 15th February 2019

As we have written about on previous occasions, authorities worldwide have been focusing more than ever on tax evasion and introducing stricter tax and compliance systems to prevent fraudulent behaviour. For those looking to contract abroad, the risks are now greater than ever and it is vital that you’re aware of the latest news in… [continue reading]