post October 15, 2018

South African Yachting Crew. How to plan your affairs

The world’s yachting management business is large and attracts staff from around the world. The South African contingent has been growing considerably of late, not least because it offers an opportunity to work with limited passport and visa issues. The question arises though, as to how to optimize that opportunity…

post April 12, 2017

Italy Introduces Non-Domiciled Tax Regime

Italy has taken the plunge and set out to attract high net worth individuals to its shores. It may prove remarkably attractive. The Italian Tax Code was amended in the 2017 budget approved by Parliament in December 2016. The timing coming on the heels of the tightening up of the…

post July 4, 2016

Brexit: EU Parent Subsidiary Directive Implications

The implications of Brexit are continually coming to the fore and we will examine them as they surface.  One of the benefits for a company of being incorporated in the EU is that any number of provisions have been implemented in order to avoid tax obstacles for companies operating across…

post April 15, 2016

UK Spring Budget 2016: Update for Res Non Doms

George Osborne’s eighth Budget has reiterated the announcement made in the Summer Budget 2015 that UK Res Non Doms who have been resident in the UK for 15 out of the past 20 years will become deemed UK domiciled, for all taxes, after 5th April 2017, thus bringing to an…

post March 10, 2016

Register of People with Significant Control of UK Companies

In an effort to increase transparency over who owns and controls UK companies and assist with anti-money laundering initiatives, from 6 April 2016, UK companies and limited liability partnerships will be required to identify and keep a register of Persons with Significant Control (PSC) of that entity. This register will…