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EU Brexit Proposal




The EU is playing tough. Tusk proposed a Brexit extension until May 22 on the condition that the UK parliament approves the agreement. Discussion is ongoing and the exact end date may change.

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The British government launched last Saturday a system created to register the stay of EU citizens living in the United Kingdom, The process is free, and the application   is time at least until December 2020. To obtain the status of a settled status, you will need to prove that you have been in the United Kingdom for at least six months in each of these years in the last five years. Otherwise, the person submitting the application will receive a temporary pre-settled status, which can be changed after fulfilling the five-year requirement. If London agrees with Brussels regarding the conditions for leaving the Community, EU citizens will have until the end of June 2021 to register in the new system. In the case of hard Brexit, this time would be shortened until the end of December 2020. Initially, the registration in the system was 65 pounds (32.50 pounds for a child), but from Saturday, the earlier political announcement of Prime Minister Theresa May...
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Poland Bitcoin Transaction Subject to a Flat 1% Economic Tax Levy.   Polish Finance Ministry has now brought into effect an all new law that requires every cryptocurrency transaction to be subject to a flat 1% economic tax levy. the government also requires cryptocurrency traders and holders to pay an additional income tax between 18% – 32% on their altcoin savings.   This has caused outrage within the national crypto-community and many traders helpless since the Polish tax season is now coming to a close, requiring all citizens to file their federal taxes by April 30.
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The food industry is a $200-billion sector Canadian cannabis Market had bust news this week, a total of 59 new products were offered for sale by the Ontario Cannabis Store. The number of products available should increase to 100 in the coming months Between the products are edibles and drinks went on sale last Monday aiming no smokers consumers. The edibles is expected to had a much high profit margin and should help to recover the Canadian cannabis market and in certain extension fight against the cannabis black market. The government is also proposing changes in the legislation to facilitate the establishment of retail stores by licensed producers related to their production sites, which would further increase consumer access to legal retail stores.
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