Private Trust Companies
Contributed by Sovereign Group
One way of planning against inheritance taxes is to transfer assets into trust. Once there the assets no longer belong to you, they belong to the trustees, so generally would not attract any tax charge on your death because the legal owner doesn't change. Continue
A Different Style : VISTA Trusts 8 years later
Contributed by O'Neal Webster
March 1 2004 marked the beginning of a new era in BVI trust law with the coming into force of the Virgin Islands Trust Act, 2003. The vision for this Act, commonly known as VISTA, came from the BVI trust industry and the need for BVI trust practitioners to meet the changing needs of their clients. The traditional trust structure was often seen as too rigid or as not the right fit for clients. Continue
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On January 18, the US Internal Revenue Service issued its final regulations
regarding the measures included in the Protecting Americans from Tax Hikes Act to restrict the tax-free spin-offs involving publicly traded real estate investment
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beneficial ownership in the city, and to enhance its regulatory regime for combating
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There was an increase in local company incorporations in Hong Kong in 2016, although incorporations by foreign companies experienced a dip, according to the territory's Companies Registry.
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Canada Waives Income, Activities Reporting For Labor Org's
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Switzerland Praised For Combatting Financial Crime
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Australia Considers Reforming Taxation Of Collective Investment Vehicles
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Canada To Close Property Tax Loophole
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