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The global economic downturn coupled with the continuous growth of public expenditures has prompted nations to recalibrate their tax frameworks to tackle budget shortfalls. The most straightforward and common approach [...]

In the last 24 hours, government officials have been briefing the press that the UK chancellor, Rachel Reeves, is prepared to revisit the detail of expected radical reforms to the [...]

In today's world, pensioners are geographically mobile, so some of the luckier pensioners can spend most of the year even in warmer climates. However, the question may arise: in which [...]

The Swiss regulations on withholding tax for cross-border commuters make it difficult for employers who work in several cantons to keep track of everything. This is because the same regulations [...]

Abolition of the UK's non-dom regime Following the Spring Budget and the recent elections in the UK, it was announced that the existing non-domicile ('non-dom') regime, as it currently exists [...]

Cyprus, a colorful island in the Mediterranean, has become a popular destination for expatriates from around the globe. Its favorable climate, strategic location, and attractive tax regime make it an [...]

The remittance basis of taxation for UK resident non-domiciled individuals will be terminated next year. A fresh four-year foreign income and gains regime (FIG) will be introduced for those becoming [...]

With Circular letter no. 17/E dated 25 May 2022, the Italian Tax Authority clarified the requirements and conditions to opt for the extension of the tax benefits granted to teachers [...]

What has happened since then? The Labour party won the general election with a record majority in parliament and their first budget has been set for 30 October 2024. They've [...]

On Monday (29 July 2024), the new Chancellor of the Exchequer, Rachel Reeves, gave a statement to the House of Commons, setting out the state of the public finances and [...]

As part of today's statement by the Chancellor on public spending pressures, the government has made several announcements relating to tax. These include measures relating to carried interest taxation and [...]

Portugal has announced a series of measures aimed at attracting foreign investment and stimulating economic growth. These include a reduction in corporate tax rates and plans to expand the list [...]

In the wake of France's recent parliamentary elections, marked by a significant victory for the extreme left, many high-net-worth individuals (HNWIs) in France are seeking relocation options to protect their [...]

Introduction: The UAE has established comprehensive regulations to determine tax residency for individuals and businesses operating within its borders. Three key legislative instruments guide these determinations: Cabinet Decision No. 85/2022, [...]

Tax residence is a fundamental aspect of international taxation, and understanding it is essential for individuals and businesses to effectively manage their tax obligations. One crucial document in this context [...]

With promises of 'change' ringing through Westminster and across the nation, Sir Keir Starmer has been appointed the new Prime Minister of the United Kingdom. As had widely been expected, [...]

From a UK perspective, the determination of corporate tax residency is crucial for understanding a company's tax obligations. A company is considered a UK tax resident if it is either [...]

Major changes to the tax rules applying to individuals domiciled outside the UK ('non-doms') were proposed in Jeremy Hunt's 6 March 2024 Budget announcement. This was covered in our initial [...]

From a UK perspective, the determination of corporate tax residency is crucial for understanding a company's tax obligations. A company is considered a UK tax resident if it is either [...]

Carried Interest - 'carry' has been one of the most common and tax efficient ways for UK-based private equity professionals to receive compensation, owing to the fact that they have, [...]

For tax purposes, the distinction between a resident and a non-resident of Canada is essential in determining how much a taxpayer owes. Canadian residents are taxed on their worldwide income, [...]

This article was first published in the Financial Times. Against the backdrop of a stagnant IPO market, higher financing costs and dwindling deal opportunities, fund managers are increasingly turning to [...]

Digital nomads are largely tech-savvy professionals who successfully leverage the power of modern technology to forge a mobile lifestyle that combines work and travel. Often, the request to work in [...]

The Commonwealth of Puerto Rico offers lucrative tax breaks that are designed to attract high-net-worth individuals and businesses to the island and boost its local economy. Under the Puerto Rico [...]

Introduction It is January 2025 and two people are sitting at the departure gate at Heathrow waiting for their (inevitably) delayed flight to the Bahamas. They start a conversation and [...]

Portugal's allure extends far beyond its stunning landscapes and vibrant culture. In recent years, the country has emerged as a favourite destination for international citizens seeking a tax-advantageous and fulfilling [...]

1. Introduction The recent decision of the government of the United Kingdom (UK) to abolish the time-honored longstanding 225 years old provision of granting non-domicile (non-dom) status heralds a momentous [...]

Learn about the upcoming changes in the UK tax landscape as the Non-Domicile Tax Regime is set to be replaced by the Foreign Income & Gains (FIG) regime by April [...]

The UK chancellor announced in the Spring Budget 2024 the end of the remittance basis for UK non-domiciliaries from 6 April 2025 and proposed changes to Inheritance Tax (IHT) that [...]

CRA Clarifies Issues Surrounding Remote Employees The Canada Revenue Agency ('CRA') introduced significant changes regarding determination of the province or territory of employment for remote workers and changes that will [...]

In the United Kingdom, there is a specific tax system that applies to non-doms - this refers to individuals who are UK tax residents but are not UK-domiciled or deemed [...]

The unabridged version of the article will be published in the Sports Law & Taxation June issue. In the Spring Budget 2024, the UK chancellor recently announced a radical overhaul [...]

The United States is unique among industrialised nations in subjecting its citizens to worldwide income and gains tax wherever they happen to live. Accordingly, Americans living in the UK have [...]

Discover the nuances of Georgian tax residency, from benefits like low tax rates and exemptions to criteria such as physical presence or the High Net Worth Individual program in this [...]