Clarke's 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:

• Saves you time & effort – All the information you need on offshore trusts and companies is in one place in an easy to use format
• Clarke: Offshore Tax Planning book is relevant and contains up-to-date information
• Gives you confidence – Clarke: Offshore Tax Planning provides 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.

What’s 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
• New cases regarding residence are included in this edition of Clarke Offshore Tax Planning
• 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)
• 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
• Clarke: Offshore Tax Planning 2011-12 edition includes 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