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2017

Tax Considerations for Foreigners Investing in UK Real Estate

It is always helpful to get professional advice before proceeding with any investment.  Tax advice is especially critical as taxes can make an otherwise attractive investment unattractive. Ways in which an adviser can help – Advising on appropriate structures to avoid or minimise UK income tax, stamp duty land tax, VAT and inheritance tax Introducing […]

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Privacy in Dubai compared to Hong Kong & Singapore

Introduction The UAE is a constitutional federation formed on 2 December 1971 between the seven emirates of Abu Dhabi, Dubai, Sharjah, Ajman, Fujairah, Umm al-Quwain and Ras al Khaimah.  Formerly a part of the British protectorate known as the “Trucial States” or “Trucial Oman,” the emirates gained autonomy when the British withdrew from the Gulf

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Substantial Compliance – Form 5471

Please start by reading this – https://www.mooresrowland.tax/2014/03/the-scariest-us-tax-form-ever.html In 2015, the IRS released a new International Practice Unit (IPU) providing guidance to its examiners on the penalties that apply if certain categories of U.S. shareholders fail to comply with the reporting requirements on Form 5471, Information Return of U.S. Persons With Respect to Certain Foreign Corporations. The IRS has

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Where should you set up an Asian HQ?

Please read this first – https://www.mooresrowland.tax/2017/12/why-should-usuk-technology.html Surveys suggest that the top four criteria businesses use in deciding the attractiveness of a location for Regional Headquarters are economic policies, domestic market size, infrastructure and political stability. It seems like most Asian jurisdictions compete, at least on paper, to encourage companies to set up a regional headquarters

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Why Should US/UK Technology Entrepreneurs Should Consider Expanding to SE Asia

It sounds like a cliche now but there is an ongoing shift towards Asia in general and towards South East Asia in particular.  Here we will give 6 reasons for tech entrepreneurs in the West to consider moving East. 1.   Market Size ·         Based on the World Population data prepared by United

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Considerations when investing in Indonesia from Singapore

Things in Indonesia are booming.  When I talk with those unfamiliar with Indonesia, they are often amazed.  I maintain that Indonesia is one of the world’s best kept secrets.  So many people do not even know that Bali is a part of Indonesia. By some measures, Indonesia is the 16th largest economy in the world. 

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Does a Singapore Tax Resident need to pay tax on Foreign Investment Income?

Is investment income taxable in Singapore? Many of our Singapore clients ask about the tax treatment of their overseas investments.  The good news is that investment income of SG tax residents isn’t usually taxed by IRAS. In Singapore, taxes are imposed on income earned or accrued in Singapore, as well as foreign-sourced income remitted into

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Does a UK Tax Resident need to pay tax on Foreign Investment Income?

Many of our UK clients ask about the tax treatment of their overseas investments. The good news is that their foreign investment income may not be taxed by HMRC. This is because UK residents who have their permanent home (‘domicile’) outside the UK may not have to pay UK tax on foreign income. The same

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Privacy is Dead, Long Live Privacy!

The so called “Paradise Papers” have once again brought the issue of taxation into the headlines. The Paradise Papers describes 13.4 million stolen confidential electronic documents relating to offshore structures. These stolen documents were leaked to a German newspaper who proceeded to share them with the International Consortium of Investigative Journalists. It is believed that

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