Clarke: Offshore Tax Planning 18th Edition
Clarke: Offshore Tax Planning provides practical analysis of the planning opportunities for investment offshore through analysis of anti-avoidance legislation, extended treatment of non-domiciliaries and an examination of existing offshore structures.
The practical nature of Clarke: Offshore Tax Planning book makes it an invaluable guide for accountants, solicitors and financial advisers handling the affairs of private clients and privately-owned businesses while annual publication ensures it is both up-to-date and relevant.
Key benefits of Clarke: Offshore Tax Planning 18th Edition:
- Saves you time & effort – All the information you need on offshore trusts and companies is in one place in an easy to use format
- Gives you confidence – Practical guidance on planning opportunities, thorough analysis of anti-avoidance legislation, extended treatment of non-domiciliaries and an examination of existing offshore structures so you can be confident when advising wealthy private clients or companies on best place to set up a trust/reinvest/re-locate, etc.
New to Clarke Offshore Tax Planning 2011-12 Edition:
- The new rules in relation to employee benefit trusts, which drastically change the income tax treatment of EBTs and in most cases will make EBTs unattractive as a vehicle to incentivise employees
- Amendments to HMRC6, the document which sets out HMRC's general practice in relation to the determination of residence is included in this edition of Clarke: Offshore Tax Planning
- New cases regarding residence
- Amendments to HMRC's inheritance tax manual regarding the interaction of the rules on 'excluded property' trusts and the rules on 'reservations of benefit'
- HMRC guidance regarding the CGT rules on offshore trusts (the guidance related to transitional provisions which only applied during the tax year 2010/11, but statements made by HMRC regarding the timing of receipt of capital payments may be of longer-term significance)
- Clarke: Offshore Tax Planning 18th edition contains amendments to the offshore fund tax rules
- Changes to the penalty regime for non-compliance in relation to assets situated in or managed in offshore jurisdictions
- New rules regarding foreign pension schemes
- Changes to the rules on controlled foreign corporations (which apply to UK companies with interests in non-UK companies)
- Updated as of Finance Act 2011
Tolley lives up to its reputation as the authority on tax matters. Covering all aspects of estate planning changes - from the simple to the complex - this reliable publication not only informs, but it guides.
This essential guide forms the first point of reference for tax managers searching for information on tax positions, rates and processes in 94 of the world’s key trading nations and tax havens.