Monthly Archive for: ‘December, 2015’

OECD Countries to Share Expat Bank Account Details

From January 1, 2016, information about individualsā€™ bank accounts, investment accounts & trusts will be recorded and automatically exchanged between many countries under the Organization for Economic Co-operation and Development (OECD) Standard for Automatic Exchange of Financial Account Information. The OECD Common Reporting Standard (CRS) has evolved out of an OECD-led initiative currently supported by the 94 Participating Countries. These …

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Deadline for Trusts with Israeli Beneficiaries

The deadline for the registration of Trusts with Israeli Resident Beneficiaries is December 31, 2015, by which timeĀ  trusts with Israeli resident beneficiaries need to be registered with the Israeli Tax Authorities. Braude Wealth has compiled a Guide to the Israeli Taxation of Trusts to assist legal & financial professionals, trustees and beneficiaries to understand the regulations concerning trusts that …

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CGT on Sale of UK Residential Property

Under new rules, British expatriates and non-UK residents may now be liable to pay Capital Gains Tax (CGT) of up to 28% on the sale of residential property in the UK. Since April 2015, the sale of a UK property by someone living outside the UK will incur a tax bill of 28% of the gains made from any gain …

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Threats to Your Inheritance?

Seminar on Making Savvy Investment Decisions Braude Wealth and Profimex will be hosting a free seminar on Wednesday December 23, 2015, on investment opportunities & strategies for the multi-national family with Israeli resident family members. The seminar will focus on why & how to invest in cross-border real estate, estate planning, wealth transfer & tax threats. There will be presentations …

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