UK: Expansion of the Trust Register – Implications for Non-Resident Trustees

www.charlesrussellspeechlys.com/en/news-and-insights/insights/private-wealth/2020/expansion-of-the-uk-trust-register-implications-for-non-uk-resident-trustees/www.mwe.com/insights/trust-registration-service-who-is-affected/hsfnotes.com/realestatedevelopment/2021/11/26/trusts-in-your-uk-property-ownership-structure-remember-to-register-with-the-uk-trust-registration-service/#page=1www.osborneclarke.com/insights/jersey-property-unit-trusts-may-now-need-be-hmrcs-trust-register Update:www.osborneclarke.com/insights/trust-registration-service-extension-non-tax-paying-trusts/insights.teacherstern.com/post/102h5r1/hmrc-trust-registration-deadlines-extended-now-that-non-taxable-trusts-also-needwww.osborneclarke.com/insights/trust-registration-service-extended-non-tax-paying-trusts-ebt-aspects/www.boodlehatfield.com/articles/wider-trust-register-now-open/www.taylorwessing.com/de/insights-and-events/insights/2021/12/trust-register-are-we-nearly-therewedlakebell.com/privacy-and-property-recent-legal-developments-increase-the-transparency-of-non-uk-trusts-and-structures-holding-interests-in-uk-property/JPUTs may now need to be registered under the trust registration service | Bryan Cave Leighton Paisner (bclplaw.com)Avoiding Trust Registration penalties – the latest HMRC advice (taylorvinters.com)HMRC update guidance on whether offshore unit trusts are required to register on the Trust Registration Service (cms-lawnow.com)www.bclplaw.com/en-US/events-insights-news/jputs-may-now-need-to-be-registered-under-the-trust-registration-service.htmlcms-lawnow.com/en/ealerts/2023/02/hmrc-update-guidance-on-whether-offshore-unit-trusts-are-required-to-register-on-the-trust-registration-servicewww.gov.uk/hmrc-internal-manuals/trust-registration-service-manual/trsm10030TRS – Don’t simply...
Continue reading
Transparency, Trusts, UK Malta, Money Laundring, Regulatory Regulatory, US

Czech Republic: Real Estate acquisition tax abolished

www.cms-lawnow.com/ealerts/2020/09/czech-republic-abolishes-property-acquisition-tax?cc_lang=enwww.kinstellar.com/insights/detail/1231/abolition-of-real-estate-acquisition-tax-czech-government-seeks-streamlining-in-response-to-coronavirus-pandemicwww.havelpartners.cz/en/cancelation-of-the-real-estate-acquisition-tax/ 0
Continue reading
Czech Republic, Real Estate, Tax Regulatory, Seychelles

US: IRS targets tax compliance by foreign owners of real estate

www.withersworldwide.com/en-gb/insight/irs-targets-tax-compliance-by-non-u-s-owners-of-real-estatewww.hklaw.com/en/insights/publications/2020/10/irs-audit-campaign-targets-nonresident-alien-us-real-estate-activitieswww.irs.gov/businesses/small-businesses-self-employed/irs-lbi-compliance-campaigns-oct-5-2020www.irs.gov/businesses/corporations/lbi-active-campaigns#nonresident-rental-incomewww.irsstreamlinedprocedures.com/nonresident-alien-rental-income-from-u-s-property/ 0
Continue reading
Real Estate, Tax, US

Turkey: Remote Client Identification Draft Communiqué for Banks

bit.ly/2LTQdx9 Update:www.esin.av.tr/2023/05/29/amendment-to-the-regulation-on-remote-identification-methods-to-be-used-by-banks-and-establishment-of-contractual-relationships-in-the-electronic-environment/Amendments were made in Remote Identification Methods of the Banks for the Remote Identification in Electronic Environment and Execution of Agreements. – Moroğlu Arseven (morogluarseven.com) 0
Continue reading
Banking, Money Laundring, Regulatory, Turkey European Union, UAE

US: IRS final Regulations on transfers of Partnership Interests

www.cadwalader.com/brass-tax/index.php?nid=28&eid=128tax.weil.com/legal-developments/final-864c8-regulations-some-relief-for-certain-non-u-s-partners/#page=1www.hoganlovells.com/en/publications/final-regulations-foreign-partners-us-tax-liability-on-transfer-of-partnership-interestwww.ey.com/en_gl/tax-alerts/us-final-regulations-largely-adopt-proposed-characterization-of-foreign-persons-gain-or-loss-from-sale-or-exchange-of-interests-in-certain-partnerships-with-some-welcome-changeswww.shearman.com/perspectives/2020/10/treasury-and-irs-regulations-on-withholding-disposition-of-partnership-interest-by-foreign-partnerwww.proskauertaxtalks.com/2020/10/section-1446f-final-regulations-key-changes-to-guidance-on-non-publicly-traded-partnership-interest-transfers-by-non-u-s-persons/#page=1www.hoganlovells.com/~/media/hogan-lovells/pdf/2020-pdfs/2020_10_20_private_capital_update.pdf?la=enwww.cadwalader.com/brass-tax/index.php?nid=30&eid=131&tag=2020-10-22-IRS+Finalizes+Foreign+Partnership+Withholding+Regulations&utmwww.mayerbrown.com/en/perspectives-events/publications/2020/10/irs-releases-final-withholding-tax-regulations-on-sales-of-partnership-interestswww.klgates.com/IRS-Issues-Section-1446f-Final-Regulations-10-28-2020www.lplegal.com/content/tax-treatment-partnership-interests-private-equity-managers.html See also:www.tafttaxinsights.com/2024/02/did-you-know-in-a-sale-of-assets-to-a-partnership-for-cash-and-partnership-interests-you-can-reduce-tax-by-specifying-which-assets-are-sold-and-which-are-exchanged-for-partnership-interests/#page=1insightplus.bakermckenzie.com/bm/viewContent.action?key=Ec8teaJ9VaokKdxzusMtjF7eOOGbnAEFKCLORG72fHz0%2BNbpi2jDfaB8lgiEyY1JAvAvaah9lF1sWg%2Fh4myq2Q%3D%3D&nav 0
Continue reading
Corporate Taxation, Tax, US Family Office Services, Hong Kong, Regulatory