News

EU remove Switzerland from tax haven list

Tuesday 15th October 2019

At 6CATS, something we’re especially vocal about is the pressure that international bodies are applying to crack down on tax and compliance. As a result of this pressure, numerous countries around the world are toughening up on legislation, and taking in record tax collections. One destination that has made large strides in this regard is… [continue reading]

South Korea strengthening taxation of YouTubers

Monday 7th October 2019

Famous for its spectacular rise from one of the poorest countries in the world to a high-income destination in just a few generations, South Korea is the fourth largest economy in Asia, 11th largest in the world, and fast becoming a hotspot for contractors worldwide. Despite being known as ‘The Land of Morning Calm’, there’s plenty to be excited… [continue reading]

Italian tax crackdown surges ahead with controversial new proposals

Friday 4th October 2019

In recent years, Italy – a cultural hotbed and contracting hotspot – has been pulling out all the stops to crack down on tax evasion.  If international contractors want to live, work and enjoy their pasta and wine in peace, then it’s crucial that they do not fall foul of the increasingly strict compliance legislation in… [continue reading]

Ukrainian tax crackdown continues as partnership with Switzerland blossoms

Monday 30th September 2019

Ukraine, a growing economic power, is following the lead of many other countries in Europe, and toughening up on tax and compliance. The latest measure the country has taken is signing a series of amendments to its Double Taxation Avoidance Agreement with Switzerland.  The ex-Soviet state is just one of a number of nations that has recently linked… [continue reading]

French compliance crackdown claims another victim as Google pay €1 billion fine

Friday 27th September 2019

France – a country known for some of the best food, wine and art in the world – is also unsurprisingly a contractor hotspot. Business is booming in the Gallic nation – with so many new companies starting up in the country that some employers are warning that skilled workers are becoming increasingly hard to source. Another… [continue reading]

Panama strengthens tax laws – are tax havens coming to an end?

Friday 27th September 2019

Despite being most famous as tax haven for the super-rich,  Panama has been changing its ways of late. Just a few weeks ago, we wrote about how the country had teamed up with France, one of the leading global powers in the fight against tax fraud by signing a landmark bilateral deal. Since then, there… [continue reading]

Is Australian offshore evasion finally set to end?

Friday 20th September 2019

Over the last few years, it’s become increasingly clear that tax and compliance is getting tougher around the globe, with Australia a prime example. We’ve recently written about the government’s latest budget, which has given tax authorities vastly increased powers, and commented on reports that Australia is involved in several large investigations concerning cryptocurrency tax… [continue reading]

Is contractor compliance in Kenya set to get more complicated?

Thursday 19th September 2019

While it might not be the first destination that comes to mind when it comes to contracting hotspots, Kenya, is one of Africa’s fastest growing markets. In fact, the country was recently ranked 61st in the World Bank’s Ease of doing business index, one of the highest African countries on the list. Additionally, large scale… [continue reading]

Celebrity tax evasion round-up: What’s the latest?

Wednesday 18th September 2019

Here at 6CATS International, we’re clear that no-one should take compliance lightly, including celebrities. Recently, many famous figures have been caught out for tax crimes, with the latest, Chelsea footballer Diego Costa, agreeing to pay £1.7m to Spanish tax authorities just a couple of weeks ago. In this week’s blog, we’ll take a look at… [continue reading]

Germany’s biggest tax fraud case – what does it mean for recruiters?

Tuesday 17th September 2019

As the largest economy in Europe, Germany is unsurprisingly a contracting hotspot. On top of this, the destination is a cultural powerhouse, producing some of the greatest artists, writers and filmmakers of all time. However, there are many legal and financial concerns to bear in mind when attempting to work in the destination, with Germany… [continue reading]