The United Arab Emirates authorities have recently received significant recognition from the Financial Action Task Force (FATF) as they have been removed from the so-called “Grey List” for combating money laundering and terrorism financing.

You’ve got to hand it to litigation funders. They continue to explore novel ways to ameliorate the significant cost of class action litigation. In Hunt Leather Pty Ltd v Transport for NSW (No 4), the NSW Supreme Court determined that the litigation funding arrangement in that case did not constitute a recoverable head of damage for class members.

The CDI plans to eliminate double taxation in terms of taxes on income and wealth using the tax credit method, that is, allowing the refund in the country of residence of the taxpayer (under certain conditions) of the taxes paid in the other country.

Did you know that the Chilean passport is considered one of the most powerful passports in Latin America, according to the ranking carried out by the firm Henley & Partners, since it is ranked 16th worldwide and number 1 in Latin America.

The Ministry of Finance has recently approved three new information statements in relation to virtual currencies. These are models 172, 173 and 721.

The informative statements, forms 172 and 173, refer to the balances and operations carried out with virtual currencies (commonly called cryptocurrencies) by natural and legal persons.