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Welcome to Offshore Trusts Guide [OTG]

OTG publishes news, features and newsletters on the use of offshore trust structures. The full guide analyses key global issues relating to the offshore trust, and examines in detail the trust regimes in key jurisdictions. Please make use of our free trial access to explore the guide.

 

Latest OTG News

Latest OTG Features

 

Latest Network News

Switzerland Publishes 2012 Flat Tax Figures

24/5/2013

Switzerland's Conference of Cantonal Finance Directors has published details of the latest figures from the Swiss cantons, pertaining to the controversial flat tax regime currently benefiting wealthy foreigners in the Confederation.

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Mobilize Tax Revenues, IMF Tells Guatemala

24/5/2013

The International Monetary Fund has urged the Guatemalan Government to mobilize tax revenue beyond its consolidation needs, warning that higher revenues are necessary to support priority public spending and achieve long-term sustainability.

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Swiss Bankers Favor Automatic Information Exchange

24/5/2013

President of the Swiss Private Bankers Association Nicolas Pictet has urged the Federal Council to abandon its "white money" strategy, and to opt instead for an automatic information exchange regime, in particular with the European Union.

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OECD Approves Changes To Transfer Pricing Guidelines

24/5/2013

The Organization for Economic Cooperation and Development is to release new guidance on safe harbours after its Council approved revisions to Transfer Pricing Guidelines.

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Businesses Seeking More Tax Guidance, Report Says

24/5/2013

A majority of businesses would welcome greater guidance from tax authorities on what is deemed acceptable tax planning, according to the latest research from the Grant Thornton International Business Report.

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Philippines Hotels To Lose Tax Break

24/5/2013

Finance Secretary Cesar Purisima has supported the recent removal of income tax holidays by the Board of Investments from profitable hotels in four popular resorts in the Philippines.

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France's Tax-Free Livret A Remains Popular For Savers

24/5/2013

Latest figures released by the French state-owned financial institution Caisse des Dépôts show that the state-regulated tax-free savings account, the Livret A, remains a highly popular and attractive proposition for savers in France, despite the fact that the interest rate was lowered from 2.25 percent to 1.75 percent on February 1.

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France's Cazeneuve Justifies 'Confiscatory' Tax Levels

24/5/2013

French Budget Minister Bernard Cazeneuve has defended the fact that around 8,000 households in France paid over 100 percent of their income in tax last year.

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India Explains Withholding Tax Rationalization Plans

24/5/2013

Changes to the Indian withholding tax regime will encourage greater foreign investment in the country's debt securities and aid the development of the debt market, the Finance Ministry has claimed.

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Online Media Lists Suspected South Korean Tax Evaders

24/5/2013

An independent group of journalists, the Korea Center for Investigative Journalism has disclosed that it has a list of 245 South Korean individuals and families that, it is claimed, are using companies set up in offshore jurisdictions to avoid taxes.

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Singapore Hosts First Asia-Pacific GST/VAT Conference

24/5/2013

In conjunction with the Organisation for Economic Co-operation and Development, Singapore hosted, on May 22-23, what was said to be the first conference in the Asia-Pacific region focused on goods and services tax and value added tax.

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UK Fund Managers Welcome Tax Reform

24/5/2013

The UK's Investment Management Association has welcomed HM Treasury's decision to remove the requirement for fund managers to withhold tax on rebates paid to overseas investors.

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Indian Govt Urges Taxpayer Compliance

24/5/2013

The Indian Government has again urged taxpayers to comply with filing and payment regulations, warning that high priority cases can expect to be contacted this month.

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Jersey, Guernsey Reply To Cameron Over Tax Info Exchange

24/5/2013

The Chief Ministers of both Jersey and Guernsey have replied to Prime Minister David Cameron's recent letter to the heads of government of all the Crown Dependencies and Overseas Territories, pressing them to work in partnership with the United Kingdom in taking the lead on tax information exchange initiatives.

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Grenada Adapts VAT Regime

24/5/2013

The Government of Grenada has announced, in its Budget for 2013-14, comprehensive changes to the island's VAT regime, and proposals to introduce a Citizenship by Investment Program.

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The Report

Offshore Trusts Guide: Introduction

The History of Offshore Trusts
Development of Professional Competence in the Jurisdictions
What Future for the Trust?
The New Age of Transparency
The Swiss Association of Trust Companies
The Society of Trusts and Estates Practitioners

Offshore Trusts Guide: Jurisdictions

Bahamas

Bahamas: Legal Framework and Formation Rules and Fees
Bahamas: 2006 Private Trust Companies Legislation

Barbados

Barbados: Legal Framework and Formation Rules and Fees
Barbados: Supervisory and Licensing Regime and Fees

Bermuda

Bermuda: Legal Framework and Formation Rules and Fees
Bermuda: Supervisory and Licensing Regime and Fees

British Virgin Islands

British Virgin Islands: Legal Framework and Formation Rules and Fees
British Virgin Islands: Special Trusts Act 2003
British Virgin Islands: The Trustee Act 2003
British Virgin Islands: :Supervisory and Licensing Regime and Fees
British Virgin Islands: New Laws on Private Trust Companies
British Virgin Islands: New Private Trust Company Regulations

Cayman Islands

Cayman Islands: Legal Framework and Formation Rules and Fees
Cayman Islands: Supervisory and Licensing Regime and Fees

Cook Islands

Cook Islands: Legal Framework and Formation Rules and Fees
Cook Islands: Supervisory and Licensing Regime and Fees

Cyprus

Cyprus: Legal Framework and Formation Rules and Fees
Cyprus: Supervision, Licensing and Tax

Gibraltar

Gibraltar: Legal Framework and Formation Rules and Fees
Gibraltar: Legislation, Regulation and Supervision

Guernsey

Guernsey: Legal Framework and Formation Rules and Fees
Guernsey: Trusts Law 2007

Isle of Man

Isle of Man: Legal Framework and Formation Rules and Fees
Isle of Man: Supervisory and Licensing Regime
Isle of Man: Uses Clients and Tax Treatment

Jersey

Jersey: Legal Framework and Formation Rules and Fees
Jersey: Supervisory and Licensing Regime
Jersey: Trusts Amendment Act 2006
Jersey: Foundations

Liechtenstein

Liechtenstein: Legal Framework and Formation Rules and Fees
Liechtenstein: Regulation Supervision and Transparency
Liechtenstein: Characteristics of Liechtenstein Trusts
Liechtenstein: Foundations

Madeira

Madeira: Legal Framework and Formation Rules and Fees

Malta

Malta: Legal Framework and Formation Rules and Fees
Malta: The Trust and Trustees Act 2004

Mauritius

Mauritius: Legal Framework and Formation Rules and Fees
Mauritius: Characteristics of the 2001 Trusts Act
Mauritius: Additional Provisions of the 2001 Trusts Act
Mauritius: Tax Treatment

Monaco

Monaco: Legal Framework and Formation Rules and Fees

Nevis

Nevis: Legal Framework and Formation Rules and Fees

New Zealand

New Zealand: Legal Framework and Formation Rules and Fees
New Zealand: Review of the Law of Trusts
New Zealand: Taxation of Trusts

Panama

Panama: Legal Framework and Formation Rules and Fees
Panama: Requirements for Acting as Trust Company in Panama

Seychelles

Seychelles: Legal Framework and Formation Rules and Fees

Turks & Caicos

Turks & Caicos: Legal Framework and Formation Rules and Fees
Turks & Caicos: The Voidable Dispositions Ordinance

Vanuatu

Vanuatu Legal Framework and Formation Rules and Fees