As a non resident Canadian, you can gift money to your daughter in Canada, so that she can purchase a property in Canada. Your daughter will not be required to pay income tax on the gift received. However, you should speak with an accountant in your country of residence to see if...
RPBAis deeply involved in residence planning (in particular through the Portuguese non-habitual tax resident (NHR) and golden visa regimes or through similar foreign regimes). We frequently assist wealthy foreign individuals moving to Portugal and, likewise, Portuguese nationals moving abroad. We also ...
Capital gains tax declarations when selling property as a non-resident Since the new rules came into force in April 2015 as a non-resident, when you sell a UK residential property you must tell the HMRC, even if you have no capital gains tax to declare. This also applies if you are sel...
You would have to pay this year the IRNR income tax for non-residents of 2015. This means if you owned, bought, sold or inherited a Spanish property in 2015 and you are NOT a fiscal resident in Spain, then you are obliged to pay your yearly IRNR income tax for non-residents this ...
Based on the current law, if an individual like Nasser transfers personal land to his registered business, he does not have to pay any tax on the transfer because of the prevailing exemption under Section 21(k) of the ITA. However, under the proposed amendment, coupled with the provisions ...
Non Resident Indians & Persons of Indian Origin Matrimonial matters: marriage & divorce; Business Disputes in India, Tax matters in India; Investing in India and all others NRI Legal & Business Services, PIO Legal & Business Services Madaan & Co. Attorneys at law E-mail: click here Fax: (...
Trending Now: Trump-Era Tax Cuts Are Expiring — How Changes Will Impact Retirees The third key provision of the TCJA was an increase in the per-person estate and gift tax exemption. The exemption increased from $5.5 million in 2017 to $13.6 million in 2024. This has allowed wealthy Amer...