Managers of Wealth Offshore

Carried interest in 2021: New guidance for tax on income associated with services provided to investment partnerships

Treasury made several significant changes in the rules, many of which are to the benefit of taxpayers.

Great Fortunes Tax imposed in Argentina

The new tax is expected to be one-time tax, payable by Argentinian individuals with personal wealth equal or above 200 million pesos

Bermuda to reform ‘unfair’ tax system

The premier questioned why workers with multiple jobs must pay tax, while property owners, who collect income from several properties, do not.

Belgium adopts multiple defensive tax measures towards EU blacklisted jurisdictions

The list includes non-EU countries and territories that do not comply with certain “tax good governance standards” relating to transparency, fair taxation and implementation of the minimum standards agreed at OECD level as part of the Base Ero

Kenya risks losing out on international tax treaties – experts

Last year, the government was also in pursuit of new DTA's with the government of Barbados and the Republic of Singapore.

New vehicle tax to boost funding for environment?

This, he said, could include a vehicle taxation system of £100 a year, which he said could generate as much as £15 million for the government to put into other environmental initiatives.

Cayman Finance Submission OECD Consultation: Pillar One and Pillar Two Blueprints

The Cayman Islands is a fully cooperating member of the Inclusive Framework.

UK Inheritance Tax Reform: rates, reliefs and responsibility

The OTS’s report has flagged that the effective rate for very large estates (i.e. estates over £7m) is, in fact, in the region of 10% once all relevant reliefs and exemptions are properly applied.

UK Inheritance Tax Reform: lessons from Europe

As for the connecting factors based on where to charge IHT, most European countries use either the situs of the assets or the residence of the donor (and more rarely the residence of the donee) as the connecting factor to charge succession or donation tax

Cayman Finance Submission OECD Consultation: Pillar One And Pillar Two Blueprint

The Cayman Islands exercises a legitimate economic policy choice to apply a zero rate of tax on all corporations and meets its revenue needs through customs duties and fees.

Searching for truth in a tax haven election

Working mostly alone and for free, this student would try to hold back a wave of misinformation washing over the British island.

Economic substance in the Cayman Islands

The Guidance clarifies that the TIA will regard mutual and private funds registered with or licensed by the Cayman Islands Monetary Authority (CIMA), pursuant to the Mutual Funds Act (2020 Revision) or the Private Funds Act, 2020 respectively, as "in

10 festive questions with… André Trebert from BDO

Through the experience we’ve taken lessons that include transforming our working way of life, allowing more freedom for our people to work flexibly and remotely.

Tax challenges arising from digitalisation

This proposal would result in companies having to pay tax in each Member State (MS) where they have a significant digital presence.

Russia's Mishustin Approves Protocol On Amendments To Double Tax Agreement With Malta

It added that Russia and Malta signed the protocol on amending the Double Tax Agreement in October 2020.

Many tax provisions appear in year-end coronavirus relief bill

The AICPA disputed this interpretation of the CARES Act loan forgiveness rules, arguing that it was not Congress’s intent to disallow the deduction of otherwise deductible expenses.

Finance Dublin- Irish Tax Monitor

In the Irish Tax Monitor in the latest issue of Finance Dublin, William Fogarty shares his insights on the possible consequences that could arise for corporation tax from the 155 page Perrigo judgment issued in the High Court last month and Lynn Cramer lo

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