"The buy-to-let sector continues to thrive, still accounting for almost a quarter of mortgage business, despite the extra Stamp Duty imposed on purchases in October's budget and continuing concerns over the imp
However, for foreign residents inheriting an Australian estate, capital gains tax (CGT) is owed as part of the estate distribution. This is because the asset being passed on is considered disposed of when the individual dies. This rule does not extend to Australia tax residents, where CGT is...
The only way out, in some cases, is to cut the cord and find a new home. If you renounce, you no longer have to file a US tax return, report your non-US bank accounts, foreign companies or the income you earn unless it is US-sourced. In short, you no longer have to report or...
Another change is that you can now make partial ISA transfers – although not all platforms will accept them. (Under the old rules, if you contributed to an ISA and then wanted to transfer the funds to a different provider in the same tax year, you had to transfer all of that year’s...
Corporate income tax constitutes 18.8% of tax revenue in Afri‑ can countries compared to 10% of tax revenue in OECD countries. Therefore, it plays a critical role in SDG progress. This paper aims to quantify the contribution of one large taxpayer, that publishes their tax payments, (...
Offshore investment accounts are generally opened in the name of a corporation, such as aholding companyor a limited liability company (LLC) rather than an individual. This opens up investments to more favorable tax treatment. The primary downsides to offshore investing are the high costs and th...
is the lifeblood of modern capitalism. In 2024, the global equity market was valued at over $100 trillion, according to the World Federation of Exchanges.1This colossal figure is not just the cumulative value of publicly traded companies but also tied to the hopes, fears, and financial futures...
Among the extraordinary shocks to household life caused by the Covid-19 pandemic was the sudden shift to distance learning in K-12 schools. Gone were Monda
“They see the capital as the most secure, fairest, most honest place to park their cash, and the judges here would never extradite them.” Nick Candy himself summarized the attractions neatly: “This is the top city in the world, and the best tax haven in the world for some.” ‘It...
To hold an individual bond in your ISA or SIPP it must be listed on the stock exchange or issued by a listed company. Individual gilts areimmunefromcapital gains tax. Giltfunds, however,paytax on capital gains. Following the greatbond routof 2022 – which scythed through gilt prices – ...