Wealthy Chinese are rushing to shelter assets and income in overseas trusts before new tax rules go into effect next month, including provisions that target offshore holdings. The Bank of Singapore has seen a 35 percent surge in Chinese clients i...
Chinese high-net-worth individuals and e…
Within the next 20-30 years, between £4-…
Since February 2018 China has had in pla…
Asia’s ultra-wealthy business elites are…
On the evening of November 15, 2018, C…
China has been tightening its grip on Ho…
The average expat adds an extra $21,000 …
Trusts are either too complicated, do no…
* The issuance of central bank bills in …
The Government of the British Virgin Isl…
HMRC has won a £79m case against Goldman…
Opening an offshore bank account is just…
Those who hold an account (or are a cont…
Britain’s so-called “requirement to corr…
Impact on Chinese High Net Worth Individ…
The revised individual income tax law…
In the past two years, due to the drasti…
According to a report by Chinanews.com o…
China first exchanged CRS information on…
The OECD today announced that Saudi Arab…
Lowtax.net News: Bermuda Discusses Rental Tax Proposal, Tax Data Exchange
Feb 12, 2019 | 00:00 amBermuda's Government has stated that proposals for a rental income tax, detailed in a pre-budget report, were released as part of a consultation exercise and that the proposal for the levy has not been confirmed or formally announced. A decision[…]
Read more...Lowtax.net News: Bermuda Seeks Greater Say In Int'l Tax Policy Talks
Jan 14, 2019 | 00:00 amThe Bermuda Government has set out its plans to more actively engage in discussions on tax policy internationally, including newly establishing offices in Brussels and Washington DC.
Read more...Lowtax.net News: Saint Kitts And Nevis Budget Focuses On Compliance
Dec 21, 2018 | 00:00 amCaribbean territory Saint Kitts and Nevis announced no new taxes or rate changes in its new Budget. However, it is planning a number of compliance initiatives and legislative amendments to conform with evolving international tax standards.
Read more...Lowtax.net News: Gibraltar Covered By Proposed Brexit Transition Period
Dec 3, 2018 | 00:00 amThe UK's recently negotiated Withdrawal Agreement with the EU sets out the arrangements that will apply with regards to Gibraltar.
Read more...
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