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    The European Union finances the purchase and delivery of weapons for the first time ever

    The European Union agreed Sunday to provide some €500 million in arms and other aid to the Ukrainian military as it battles Russia's invasion, in a move the bloc described as a “watershed moment” in its history. The EU's treaties bar the bloc from using its normal budget to fund operations...
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    UK to crack down on "dirty money" from Russian oligarchs

    British leaders plan to introduce legislation in Parliament on Monday aimed at clamping down on money laundering and fraud following Russia's invasion of Ukraine. The measure would strengthen law enforcement to go after corrupt oligarchs and create a so-called “Register of Overseas Entities,”...
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    Residency and Taxation in Isle of Man

    I have read a number of posts in the forum that outline difficulty and cost in establishing an Isle of Man offshore company. What about if you apply and receive residency in the Isle of Man under the Investor Scheme with 50k GBP investment? Can you then serve as Director of your own company...
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    Can you avoid renting an office for a Dubai UAE freezone company?

    I prefer to work from home and I wouldn't mind saving on office costs. Some websites say it's obiligatory, others say it isn't so I am not sure. Another issue is banking as I've read banks may be more hesitant to give a corporate account if no office is rented. What is your take on this?
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    Blocked bank account after cashing out crypto in Germany or other country?

    So all my funds are legitimate and so is my crypto. I have spoken to the banks, they do not have a problem accepting funds from crypto. I am getting concerned if I make a big deposit to a German bank the deposit can get blocked by either the bank or the tax authorities. I am not concerned it...
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    Any experience from Monaco as domicile and tax residency?

    I have been collecting information on Monaco. I am still not clear on the following questions: 1. Do you always have to keep minimum balance 500k (the initial deposit for getting the residency) or are there ways around this? 2. Can you obtain a tax residency certificate? There is information on...
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    Advantages vs. disdvantages of private banks?

    I don't have any experience with private banks yet people seem to recommend them, particularly for cashing out crypto and such. What are the benefits of doing your banking with a private bank? Are your assets more safe with them compared to commercial banks? Are there lots of heavy fees usually...
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    Minimum 15% corporate tax - Did UAE sign?

    So 130 out of 139 OECD members signed the agreement for minimum 15% corporate tax for multinationals. Guess the small fish are next. Ireland, Estonia, Hungary, Barbados didn't sign. Not sure which are the other ones. I couldn't find any info on UAE and if it signed or not. Anyone has any news?
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    Offshore bank accounts for crypto with UAE address?

    If you live in the UAE is that a problem for e.g. European banks or Swiss banks or other - for doing your banking? I have heard UAE is good for crypto but banking can become a problem. If you want to diversify your banking is a UAE address an impediment? To give an example, I have heard that...
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    Tax residency certificate in UAE - 183 days or 183 days in the same fiscal year?

    I am getting conflicting info from UAE expats - some say you can obtain the tax residency certificate after 183 days in the country in any year, others say it has to be 183 days in the same fiscal year. What is the correct answer?
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    Realizing gains in UAE before having lived 183 days and obtaining tax certificate?

    Let's say I move to UAE in September 2021 and cash out crypto in December 2021. I think the earliest i could obtain a tax certificate would be July 2022 because the 183 days need to be in the same fiscal year - is this correct? How do I then report my crypto gains to the tax authorities in the...
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    Moving from Germany to Luxembourg to cash out crypto?

    So, it is well known that Germany does not tax crypto gains if you held for more than 1 year - but like any tax, this could change, by law, by court order etc. Moreover I am not convinced that German banks have the best attitude when it comes to profits from crypto. They could just send it back...

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