Business & Finance
Management acquitted in procuring case at Sass’ Café
The verdict in one of Monaco’s most high-profile cases this year has been announced, with the court finding Samuel T, also known as Samy, not guilty of procuring allegations at the iconic Sass’ Cafe. However, six other individuals were convicted on the charges.
Read moreMonaco’s cross-border tax agreement approved
The European Council has approved the conclusion of an agreement with Monaco that will improve tax compliance by private savers, according to a press release from the Council. The agreement will...
Pound takes a dive, expats feel the hit
The dramatic fall in the value of the British pound, which started just after the Brexit vote on June 23 and picked up speed over recent days – plunging to a 31-year low against the USD in Asian...
Ireland blacklisted as tax haven
Ireland has been added to a ”blacklist“ of tax havens by the Department of Federal Revenue of Brazil just weeks after the European Commission ordered Apple to repay €13 billion in back taxes to...
Reassurance from reinsurance at the Fairmont
Reinsurance firms meeting in Monaco this week at the 60th edition of Les Rendez-vous de Septembre believe that premiums will more or less stabilise in 2016 after five years of decline. The $600...
Tax bonus for French middleclass
The French government is still promising a tax bonus for the middle classes, to be announced later this week, although the state’s generosity appears to have been subject to downward adjustment....
UK still ‘open for business’ says Barclays
The Barclays UK Prosperity Map released on August 30, 2016 reported that every region in the UK is more prosperous, despite the uncertainty of the previous year. Other key points in the annual...