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02 Apr, 2019
During the 2018 UK Budget, it was discussed that there would be a decision made on the increase in SDLT for non-UK residents who are interested in purchasing residential property in England and Northern Ireland...
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19 Oct, 2018
In an effort to enhance Hong Kong's regulatory regime for combating money laundering and terrorist financing, a new licensing regime for trust or company service providers (TCSPs) and new requirements on the keeping of significant controllers registers (SCR) by companies took effect on March 1st, 2018...
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09 Oct, 2018
More often, parents are willing and determined to start saving money for their children as soon as their baby is born (sometimes, even before the baby's "arrival"). Typically, a parent's primary concern is being able to pay their child's educational...
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06 Apr, 2018
Cyprus still keeps a high position as one of the most attractive jurisdictions for international tax planning in the world. Transparency of tax legislation, a low rate of the corporate tax, non-taxation of dividends...
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15 Feb, 2018
Nobody likes paying tax but it is something almost all of us have to do. We would all like to pay a little less tax to the tax authorities but we often overlook simple ways of doing so. It doesn't help that the UK tax rules are complicated but...
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03 Aug, 2017
Lack of efficient ways to receive financial information from foreign countries has been a serious obstacle to the government's desire to impose tax on residents' income received and stored abroad...
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30 May, 2017
When it comes to trusts, New Zealand (NZ) and the United States of America (US) are remarkably similar, as they appear to be the only OECD countries, with recognizable "foreign trust" regimes...
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16 May, 2017
I have been dealing with trusts, from many different jurisdictions, for more than 25 years. Not all those trusts have been discretionary but the majority have been and that is still the case today...
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02 Feb, 2017
In the 2015 Summer Budget the former Chancellor of the Exchequer, George Osborne, announced reforms to the rules regarding the taxation of people who hold UK non-domiciled status ("non-doms")...
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02 Feb, 2017
The UK government announced at the outset of these reforms that it intended there to be some protection for those individuals who had set up offshore trusts before they became deemed-domiciled...
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