Private Client Consultancy’s Post

Trusts and Germany can work in German tax planning - certain complexity will remain. We are currently working on several pre-immigration projects, where we use trusts to keep assets out of the German inheritance and gift tax and potentially exit tax. There can even be advantages on the income tax side, when you have the right assets in trust. Read my short summary on chances and challenges for the STEP Journal (Society of Trust & Estate Practitioners).

Spain’s vibrant property market has long attracted investors, buyers, and renters looking for their own piece of Mediterranean paradise. While the allure of owning Spanish property is undeniable, it is essential for all parties involved to have a comprehensive understanding of the tax obligations involved. While taxation is often seen as a complex and daunting aspect of property transactions, this article aims to provide you with clear information and guidance, equipping you with the tools you need to successfully navigate the Spanish tax system, whether as a local tax resident or non-resident. #propertyinvestment #spanishproperty #investinspain #spanishtaxes

Géraldine Gazo from our Private Clients team and Audrey Michelot from our Tax team bring back the provisions of the Franco-Monegasque Convention of 1st April 1950 relating to inheritance, as many Monegasque residents who own property in France are concerned about the taxation applicable to their estate. You can access their article by clicking on the links below: FR: https://lnkd.in/drG7RNDQ ENG: https://lnkd.in/dXzYwVHu #CMS #Monaco #successions #inheritance #internationallaw

Navigating CGT for Foreign Residents: Complex Rules Apply! 🌏 Did you know that even if you're not an Australian tax resident, you may still be liable for Capital Gains Tax (CGT) on certain Australian assets? These include real property, business assets, and more. The rules can be tricky, especially when it comes to properties and investments tied to Australia. Want to learn more? Read more here : https://lnkd.in/gbgt_DfZ to understand how these complex rules might affect you. Got questions? Contact us today https://lnkd.in/e9-XYGn for expert guidance on your specific situation!

Are you a US or UK national planning to move to Spain or currently living in Spain? Diego Pajaro and Todd Cowan, CFP® will join Sonia Velasco Menal, Partner at Cuatrecasas, on Tuesday 9 July, to share valuable insights into Spanish tax residency status, the Spanish non-dom regime, and how personalised tax planning and wealth management advice can optimise your financial outcomes.   Sign up to the webinar below #InternationalTax #CrossBorderWealth #ExpatsInSpain #SpanishTax #WealthTax #NonDom #InternationalAmericans #ExpatBrit #LivingInSpain #WealthAndTaxConsiderations #SpanishTaxResident

Had a fantastic time speaking at yesterday's Tax Seminar! Shared insights on key tax topics for Hong Kong immigrants, covering foreign income, asset reporting, Hong Kong MPF withdrawals, and inheritance tax. Grateful for the engaged audience! 🌐💡 #TaxSeminar #HongKongImmigrants #TaxInsights

🇳🇱💼 Are you relocating from the Netherlands and need to choose the best money transfer service? 👉 Read our top tips for managing your finances abroad, including how to send money and understanding local tax laws on transferring money internationally: https://bit.ly/49bw8qR

Receiving an Inheritance from Abroad? Don't Get Taxed Twice. Inheritance can be a life-changing event, but inheriting assets from another country adds a layer of complexity. Did you know you might owe taxes in BOTH Canada and the country where the inheritance originated? The article in the top comment offers insights on how to avoid unnecessary headaches and navigate the process smoothly. Here's the thing - every situation is unique, so it's always best to consult a tax specialist for personalized advice. 

Fun Fact Friday! Did you know? 🤔💡 The word tax comes from the Latin word taxare, meaning "to estimate" or "to assess." 📜 So, even in ancient Rome, people were crunching numbers and making calculations—just like our modern-day tax pros! 💼💸 👉 Keeping the tradition alive with every return we file! #TaxFacts #AccountingHistory #FunFactFriday #FRAccountingandTax

Germany’s Federal Fiscal Court has ruled in favor of French and Luxembourgish investment funds, granting refunds of withholding taxes plus interest! This landmark decision highlights that comparable foreign investment funds deserve equal treatment under EU law. 🇫🇷🇱🇺🇩🇪 Get more details in our #PwCFlash: https://ow.ly/xaLM50TattB 🔍 #TaxNews #InvestmentFunds #EULaw #WithholdingTax