TAX PLANNING
In 2014, more than 100 countries (including international financial centers) expressed their desire to join the automated system for exchange of information under the CRS system. Many countries began transmitting information as early as 2017.
Control is exercised at the level of financial institutions.
conflict of interest, formation of a "new business normal", a challenge for the classic offshore industry and private banking.
What can be the solution?
Change of tax residency and business immigration subject to the absence of tax on global income (Malta, Cyprus, UAE, Hong Kong, Singapore, etc.)
1 Increase in tax burden due to the introduction of transparency principles:
- Progressive income tax
- Direct and indirect taxes on assets
- Property and wealth taxes
- Regional and municipal taxes
2 Global "harmonization" of taxes:
- Taxes on controlled foreign corporations (CFC)
- Thin capitalization and transfer pricing restrictions for companies
- Restrictions on base erosion using classic tools (interest expenses, depreciation, royalties, etc.)
3 Solution planning
- Internal offshores: free economic zones (FEZ) and priority development zones
- Use of preferential tax regimes and structures with reduced rates
- Application of "tax-transparent" structures with a tax deferral ideology
About our company
We are equally committed to both sides of our mission: developing our team and helping our clients adapt to change.
We are a team of leaders whose expertise, experience, and knowledge influence others, especially in the business environment.
We use a flexible approach to solve complex problems. When necessary, we involve reliable and trusted partners who share our values and beliefs.
We constantly strive for innovation in our business to maximize our benefits.
