All countries of the Western Balkans tend to harmonise their tax laws with the legislation of the EU and implement necessary measures to attract foreign investors to the local financial market by creating preferential tax regimes. Capital gains laws are no exception to this, believe Slobodan Mihajlovic of Eurofast Taxand and Sead Dado Salkovic of Eurofast Global.
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The new guidance is not meant to reflect a substantial change to UK law, but the requirement that tax advice is ‘likely to be correct’ imposes unrealistic expectations
China and a clutch of EU nations have voiced dissent after Estonia shot down the US side-by-side deal; in other news, HMRC has awarded companies contracts to help close the tax gap