Foreword by Andrew Chilvers For ambitious companies eager to expand into overseas markets, often the conventional route of organic business development is simply not fast enough. The other option to invest in or buy a business outright is far quicker but often fraught with unforeseen dangers. And even the biggest, most experienced players can get […]
Amid the year-end crush, one area worth the focus of tax and HR departments is the potential for Section 409A failures. There is a window to avoid – or at least identify and correct – such errors by year-end. Failures commonly arise in connection with:• Deferred compensation plans• Excess 401(k) and Pension plans• SERPs• Equity […]
During a meeting held in Moscow between the Minister of Finance of the Republic of Cyprus and the Deputy PM of the Russian Federation on the 10th of August 2020, an agreement was reached on updating the Convention for the Avoidance of Double Taxation (‘DTT’) between the two countries. The revised protocol is expected to […]
Cyprus remains one of the safest countries to visit, work and live despite the COVID-19 pandemic. Cyprus established itself as a consistent international and regional business centre and is also praised for the efficient reaction and handling of the pandemic which should reassure visitors, investors and residents making plans to visit the island for business […]
The First Amendment to the U.S. Constitution protects the right to freedom of speech. As it is written, the Free Speech Clause constrains the government’s power to punish people based on the content of their speech, or to restrict people’s ability to speak. But not all speech is created equal under the law, and the […]
We are Zirkzee Group and are the exclusive Tax (Accountants) and Tax (Private Client) members within the Netherlands. Part of our core business is advising foreign companies and their employees on (international) tax and social security, residence and work permits and all other services surrounding expats. Our slogan “Be part of our community” implies that […]
Follow links to the IPB Tax, Trusts & Estates Newsletter In This Issue: GRATs are on a Roll – Market volatility in reaction to the coronavirus favors the use of short-term rolling GRATs for marketable securities. Poor performance over a short period of time doesn’t compromise the overall success of this gifting strategy. Alternatives to In-Person Notarization – […]
Tax Notes has published a Letter to the Editor from IPB’s Hank Gutman, entitled “Net Operating Loss Carrybacks Are Not Tax Subsidies,” in its latest issue. Refuting a letter sent to members of Congress with more than 200 signatory organizations urging repeal of a section of the CARES Act that the writers allege is an “unwarranted tax break” […]
Businesses not based in the European Union who incur VAT in connection with their activities in an EU country where they do not habitually supply goods/services (and so are not required to register for VAT) are nevertheless entitled to deduct that VAT. This “deduction” is made by means of a refund from the EU country […]
Cyprus remains one of the safest countries to visit, work and live despite the COVID-19 pandemic. Cyprus established itself as a consistent international and regional business centre and is also praised for the efficient reaction and handling of the pandemic which should reassure visitors, investors and residents making plans to visit the island for business […]
Jacob Stein of Aliant LLP hosted the IR Global Tax Group Virtual Call yesterday which was a great success. Twelve members took part in the call which gave everyone a chance to present themselves and discuss the lockdown and its impact on a personal level. Jacob had the following to say about the call: “Thank you everyone […]
“Should I stay or should I go now? If I go, there will be trouble. And if I stay it will be double.” – The Clash, ‘Should I Stay or Should I Go’ Many nonresidents stuck in the U.S. during the COVID-19 outbreak asked the same question that The Clash asked many years before: ‘Should […]