As this year’s Thanksgiving festivities approach, we at US Tax & Financial Services are looking forward to enjoying the relative respite that the holiday season brings. As always, the final months of the year also provide an opportunity to focus on year-end tax planning opportunities available to optimise US tax for 2016. The starting point […]

As the end of 2015 is fast approaching and we make plans for the upcoming festive season, this is also the time to consider what opportunities exist to optimise your US tax position (or your client’s if you are an advisor) for the 2015 tax year by implementing some effective year-end planning. The starting point […]

Since the August 2009 announcement of an agreement between HM Revenue & Customs (“HMRC”) and the Government of the Principality of Liechtenstein, the LDF (“Liechtenstein Disclosure Facility”) has been the most painless route to disclosure for many UK resident individuals with previously undisclosed offshore income and assets. Originally set to run until April 2016 the […]

HMRC’s powers to obtain information on UK taxpayers with foreign bank accounts is increasing day by day, with the recent signing of the so-called “G5 Tax Agreement” between the UK, France, Germany, Italy and Spain. The UK Government’s attack on “tax havens” has been bolstered by additional news that similar agreements have now been discussed […]

On 2nd October 2012, the Swiss Government announced that the implementation of the UK Swiss Tax Agreement with HM Revenue & Customs will not be put to a referendum vote in Switzerland. The result of this decision is that the contents of the UK Swiss Tax Agreement will become law in Switzerland with effect from […]