Australia: New Taxes on Foreign Owners of underutilised Residential Property

www.ato.gov.au/General/New-legislation/In-detail/Other-topics/International/Annual-charge-on-foreign-owners-of-underutilised-residential-property/ budget.gov.au/2017-18/content/glossies/factsheets/html/HA_16.htm budget.gov.au/2017-18/content/bp2/html/ www.claytonutz.com/knowledge/2017/may/federal-budget-2017-banks-property-investors-and-multinationals-in-the-spotlight www.moorestephens.com.au/news-and-views/may-2017/2017-2018-federal-budget-expert-analysis-small-b hallandwilcox.com.au/foreign-state-tax-surcharges-on-australian-property-what-can-you-do-about-it/ www.gtlaw.com.au/insights/australian-federal-budget-analysis-2017-18 www.kwm.com/en/au/knowledge/insights/australian-federal-budget-2017-18-small-business-tax-reforms-20170509 www.domain.com.au/news/federal-budget-2017-foreign-home-buyers-hit-by-vacancy-tax-and-restrictions-20170509-1nxugk/ See also: www.gtlaw.com.au/knowledge/doing-business-australia/simple-guide-australian-tax-system www.claytonutz.com/knowledge/2022/april/foreign-investment-compliance-reporting-forget-at-your-peril?utm 0
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Australia, Real Estate, Tax

UK: New Register of beneficial ownership of Trusts

home.kpmg.com/uk/en/home/insights/2017/04/tmd-register-of-beneficial-ownership-of-trusts.html www.wrigleys.co.uk/news/charity-social-economy/hmrcs-trust-registration-service–action-required/ bit.ly/2upFehL Click to access beneficial-ownership-register-call-evidence.pdf www.charlesrussellspeechlys.com/en/news-and-insights/insights/litigation–dispute-resolution/2017/the-uk-trusts-register–the-impact-on-non-uk-trustees/ bit.ly/2tzbSMg www.burges-salmon.com/news-and-insight/legal-updates/new-trust-reporting-requirements-hmrc-trust-registration-service-launched/ www.pitmans.com/insights/news/hmrc-goes-digital-with-new-online-trusts-register/ bit.ly/2gydJN2 rosemont-int.com/en/news/18-12-2017-uk-trust-registration/?utm_source=Sarbacane&utm_medium=email&utm_campaign=RISL%20-%20December%202017 Trusts in your UK property ownership structure? Remember to register with the UK Trust Registration Service Fund managers may urgently need to register express trusts with HMRC – Osborne Clarke | Osborne Clarke See also:...
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Transparency, Trusts, UK

Portugal: Bearer Shares abolished

www.lugna.pt/bearer-shares-forbidden-in-portugal/ bit.ly/2rn5uu3 Click to access the-end-of-the-bearer-securities-o-fim-dos-valores-mobiliyArios-ao-portador.pdf Update: Click to access The_conversion_of_bearer_securities.pdf www.plmj.com/en/know_newsletters_detail.php?aID=18003   0
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Corporate Law, Portugal Cyprus, Russia, Tax, Tax Planning Banking, Regulatory, Risk Management, US

Guernsey: Closed-ended Listed Funds

www.weareguernsey.com/literature/2017/guernsey-the-1-alternative-choice-for-the-lse/ www.walkersglobal.com/index.php/legal-services/investment-funds/87-legal-services/3059-seven-reasons-why-guernsey-is-the-most-popular-offshore-jurisdiction-for-lse-listings www.mourant.com/news-and-views/updates/updates-2022/the-guernsey-private-investment-fund.aspx See also: www.walkersglobal.com/index.php/legal-services/corporate-private-equity/87-legal-services/3000-why-guernsey-and-jersey-offer-a-valuable-alternative-to-luxembourg-for-private-funds www.walkersglobal.com/index.php/publications/99-advisory/3000-why-guernsey-and-jersey-offer-a-valuable-alternative-to-luxembourg-for-private-funds 0
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Funds, Guernsey, Jersey, UK

US: FBAR Penalty Turns on Individual’s Intent according to Court

bakerxchange.com/collect/click.aspx?u=jRYOrR8N39RWbdhZcxnMChj7sk/DxvdG+g1WqWLdMOY5lPAwIMYA+4d8czYbapn3ExPmYj+WUhKLT7VGiUBOl2hRzt1/AE7mzlKs0CAHWTLaWACi2q1X3A==&rh=ff003077a4fa3bd09e922c5492449db00e219e1f Court Rules “Per Form” Limitation for Non-Willful FBAR Penalties Court Rules “Per Form” Limitation for Non-Willful FBAR Penalties bit.ly/3g0RcqD bit.ly/3c9FpoS bit.ly/3HhYEJY bit.ly/3qb7ZO4 bit.ly/3nDHTlg bit.ly/3GkOgjE insightplus.bakermckenzie.com/bm/viewContent.action?key=Ec8teaJ9VarMqdRy0bR39V7eOOGbnAEFKCLORG72fHz0%2BNbpi2jDfaB8lgiEyY1JAvAvaah9lF1P4Yhmok33cA%3D%3D&nav bit.ly/3Gz277K bit.ly/3GCOOTT t.ly/38C3c See also: bit.ly/314ebua bit.ly/3mIKkRU www.venable.com/insights/publications/2021/04/beware-the-fbar-willful-behavior-penalties bit.ly/2T4j3OP bit.ly/3E7CPLf bit.ly/3zv0PY1 bit.ly/344C612 bit.ly/3FZwdj0 bit.ly/3q5G3uo bit.ly/3C8j74j www.lerchearly.com/news/schik-and-levine/ Update: tinyurl.com/mr4xpxxb 0
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Tax, Tax Reporting, US Asset Protection, India, Indonesia, Trends Nigeria, Tax British Virgin Islands, Corporate Law