Funds, Luxembourg, Money Laundring, Risk Management

Canada: Tax-Deferred Capital distributions from Discretionary Family Trusts

www.collinsbarrow.com/en/cbn/publications/taxalert-deferred-capital-distributions-from-discretionary-family-trusts goo.gl/KprQrx Valuing Discretionary and Non-Discretionary Trusts www.blaney.com/articles/family-trusts-weighing-the-true-value-of-a-discretionary-interest?ipl=1 See also: headtopics.com/ca/discretionary-trusts-prove-problematic-when-it-comes-to-dividing-assets-4966389 0
Continue reading
Canada, Tax, Tax Planning, Trusts Peru, Real Estate, Tax Chile, Foundations, Tax

US: Second Circuit rejects DOJ’s expansive interpretation of the FCPA’s extraterritorial reach to non-US persons

www.arnoldporter.com/en/perspectives/publications/2018/08/second-circuit-limits-governments-ability www.jonesday.com/second-circuit-rejects-dojs-attempt-to-expand-reach-of-the-fcpa-08-29-2018/ Click to access SC-Publication-Second-Circuit-Limits-Extraterritorial-Reach-of-FCPA.pdf www.nortonrosefulbright.com/knowledge/publications/170088/ihoskinsi-second-circuit-rejects-dojs-expansive-interpretation-of-the-fcpas-extraterritorial-reach-to 0
Continue reading
Regulatory, Risk Management, US

Ecuador: Tax Reform

www.pazhorowitz.com/system/files_force/leyorganicaparaelfomentoproductivo.pdf?download=1 goo.gl/zGgqJ8 www.ey.com/gl/en/services/tax/international-tax/alert–ecuador-enacts-new-law-that-includes-tax-amnesty-and-new-tax-incentives www.sri.gob.ec/web/guest/ley-organica-fomento-productivo www.registroficial.gob.ec/index.php/registro-oficial-web/publicaciones/suplementos/item/10838-suplemento-al-registro-oficial-no-309.html   0
Continue reading
Ecuador, Tax Information Exchange, Switzerland, Transparency

Italy: Tax reduction for returning brains

goo.gl/7gLUzj Click to access Tax_incentives_for_attracting_human_capital_in_Italy.pdf Update: www.euitalianinternationaltax.com/2019/04/articles/international-taxation/italy-plans-to-enhance-sp theword.iuslaboris.com/hrlaw/insights/italy-new-legislation-on-the-so-called-brain-returnecial-tax-regime-for-foreign-high-skilled-people-and-entrepreneurs/ www.dlapiper.com/it/italy/insights/publications/2019/07/new-tax-incentives-for-attracting-human-capital/ 0
Continue reading
Immigration, Italy, Residency, Tax, Tax Planning India, Information Exchange, Transparency

Belgium: Beneficial ownership disclosure rules gazetted

www.moorestephens.be/en/services/tax-legal-services/842-the-ubo-register www.loyensloeff.be/en/news/belgian-ubo-register-effective-soon/ www.whitecase.com/publications/alert/publication-royal-decree-ubo-register www.nautadutilh.com/en/information-centre/news/belgian-entities-required-to-disclose-their-ubos-before-30-november-2018 Click to access News_UBO_-_EN.pdf www.taxathand.com/article/10438/Belgium/2018/New-register-of-ultimate-beneficial-owners-introduced?id=gx:2em:3na:4wta_2018_10_05:5eng:6tax&sfid=7011O000002Do1H goo.gl/XBhrmu www.peeters-law.be/En/news/UBO-register-online-as-of-today-and-deadline-postponed-to-31-March-2019/1093 www.stibbe.com/en/news/2018/september/ultimate-beneficial-owners-register-operational-as-of-today–compliance-required-by-31-march-2019 goo.gl/1TtK7e www.loyensloeff.com/be/nl/nieuws/artikels-en-nieuwsflashes/registratie-van-documentatie-in-het-belgisch-ubo-register-n20560/ See also: www.simontbraun.com/en/news/news-corporate-banking-and-finance/2152-ubo-register-what-are-the-new-obligations-of-belgian-entities netherlands.taylorwessing.com/en/ubo-registers-in-the-benelux-a-state-of-play www.lydian.be/en/news-insights/risk-being-struck-crossroads-bank-enterprises-non-compliance-ubo-obligations Update: www.lydian.be/en/news/ubo-approaching-deadline-register-additional-information www.lydian.be/en/news/legitimate-interest-and-access-ubo-register Public access to the register of beneficial owners is on hold riskandcompliance.freshfields.com/post/102j20n/belgian-ubo-register-shows-its-teeth-almost-21-000-entities-side-lined-for-non-c#page=1 0
Continue reading
Belgium, Information Exchange, Transparency