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Rafael Fuster, partner at Uría Menéndez, says new
international tax initiatives, such as BEPs and EU legislation
limiting tax planning, will change the landscape for clients and
advisers alike forcing them to increase risk awareness and develop
risk mitigation strategies.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
As part of the UK's Spring Budget 2024, the Chancellor of the Exchequer, Jeremy Hunt, has announced the abolition of the remittance basis for income tax and capital gains tax for non-UK domiciled...
One of the most high-profile announcements in this year's Budget was the abolition of the UK's current tax regime that applies to UK resident, but non-UK domiciled individuals ("Non-Doms").
Pillar Two is a groundbreaking international tax framework that imposes a 15% minimum taxation to multinational enterprises in each country where they operate.
In light of the Spring Budget (6 March 2024) non-UK domicile tax rules will be replaced with a residence-based regime. Updates and comments on the changes will be held within this article.
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