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US: House Ways and Means Committee Proposal – Big Changes for Estate Planning

www.greensfelder.com/trusts-and-estates-blog/house-ways-and-means-committee-proposal-brings#page=1www.bhfs.com/insights/alerts-articles/2021/ways-and-means-budget-reconciliation-recommendations-subtitle-i-summary-and-analysis-www.bhfs.com/insights/alerts-articles/2021/ways-and-means-releases-additional-reconciliation-textwww.jct.gov/publications/2021/jcx-44-21/www.bakerlaw.com/House-and-Senate-Advance-President-Bidens-Far-Reaching-2021-Tax-Changeswww.steptoe.com/en/news-publications/new-tax-proposals-targeting-estate-and-gift-planning-for-the-wealthy.htmlwww.dinsmore.com/publications/tax-and-employee-benefits-reform-house-committee-on-ways-and-means-submits-proposals/?utmwww.dykema.com/resources-alerts-the-tax-proposals-of-the-house-ways-and-means-committee.htmlwww.daypitney.com/insights/publications/2021/09/17-proposed-legislation-may-affect-gifting-planswww.ey.com/en_gl/tax-alerts/us-tax-plan-in-house-ways-means-reconciliation-bill-offers-new-details-on-international-tax-proposalswaysandmeans.house.gov/sites/democrats.waysandmeans.house.gov/files/documents/NEAL_032_xml.pdfwww.michaelbest.com/Newsroom/272102/Proposed-Estate-and-Tax-Planning-Changes-in-2021-and-2022www.blankrome.com/publications/estate-planning-provisions-new-tax-planwww.milbank.com/images/content/1/5/v2/158993/Trusts-Estates-Client-Alert-September-2021.pdfwww.venable.com/insights/publications/2021/09/tax-proposals-of-the-house-ways-and-meanswww.bilzin.com/we-think-big/insights/publications/2021/09/tax-and-wealth-services-19www.loeb.com/en/insights/publications/2021/09/house-ways-and-means-committee-issues-draft-for-proposed-tax-changesinfo.dechert.com/10/15673/september-2021/the-time-to-act-is-now—house-ways-and-means-committee-proposes-tax-changes–significant-provisions-related-to-estate-planning-included.asp?sid=7cde9853-131f-492a-b589-e4c87ae7615cwww.daypitney.com/insights/publications/2021/09/17-proposed-legislation-may-affect-gifting-planswww.pearlcohen.com/abandonment-of-lawful-permanent-resident-status/www.fosterswift.com/communications-budget-reconciliation-farmer-tax-code.htmlwww.greenbergglusker.com/publications/house-ways-and-means-advances-draft-tax-legislation-with-dramatic-impact-on-estate-gift-and-trust-taxation/www.morganlewis.com/pubs/2021/09/the-house-democrats-tax-plan-the-time-for-estate-planning-is-nowwww.blankrome.com/publications/new-york-state-alj-determines-taxpayer-was-domiciled-new-york-part-year-and-statutorywww.dwpv.com/fr/Insights#/article/Publications/2021/House-Democrats-Release-Tax-Increaseswww.nelsonmullins.com/idea_exchange/blogs/the-estate-planning-and-probate-litigation-blog/estate-planning/house-ways-and-means-committee-proposed-tax-changes-impacting-high-net-worth-and-high-income-individualswww.bowditch.com/estateandtaxplanningblog/2021/09/22/impact-of-house-ways-and-means-tax-proposal-on-domestic-businesses/www.paulweiss.com/practices/transactional/personal-representation/publications/potential-tax-law-changes-affecting-estate-planning?id=41183www.lowenstein.com/news-insights/publications/client-alerts/house-tax-proposal-would-restrict-grantor-trust-planning-what-you-need-to-know-now-trusts-estateswww.duanemorris.com/alerts/major_federal_tax_legislation_moves_forward_panic_no_predict_maybe_plan_absolutely_0921.htmlkatten.com/proposed-tax-legislation-would-dramatically-impact-private-wealth-planningwww.gmlaw.com/news/greenspoon-marder-international-wealth-asset-planning-blog-significant-estate-tax-changes-proposed-urgent-action-may-be-needed-to-lock/www.willkie.com/-/media/files/publications/2021/09/2021_proposed_estate_planning_legislation.pdfwww.kramerlevin.com/en/perspectives-search/proposed-tax-law-amendments-and-tax-increases-may-impact-private-equity-and-manda-deals.htmlwww.cozen.com/news-resources/publications/2021/house-ways-and-means-committee-proposes-reduction-of-qsbs-exclusionwww.morganlewis.com/blogs/mlbenebits/2021/09/irs-issues-important-reminder-on-application-of-irc-section-415c-limit-to-403b-plans#page=1www.mcguirewoods.com/client-resources/Alerts/2021/9/build-back-better-actwww.vorys.com/publications-3004.htmlwww.goulstonstorrs.com/publications/big-potential-tax-changes-on-the-horizon-for-clients/www.mayerbrown.com/-/media/files/perspectives-events/publications/2021/09/build-back-better-tax-proposals-approved-by-the-house-ways–means-committeev2.pdfwww.friedfrank.com/siteFiles/Publications/FFTOCLastChancetoUseManyEffectiveEstatePlanningStrategies09282021.pdfwww.srz.com/resources/estate-planning-considerations-in-light-of-the-house-ways-and.htmlwww.hklaw.com/en/insights/publications/2021/09/house-ways-and-means-committee-tax-plan-proposes-changeswww.greensfelder.com/trusts-and-estates-blog/budget-committee-report-brings-estate-and-tax#page=1www.cadwalader.com/brass-tax/index.php?nid=44&eid=183insightplus.bakermckenzie.com/bm/viewContent.action?key=Ec8teaJ9VaqXbEltS7F0n17eOOGbnAEFKCLORG72fHz0%2BNbpi2jDfaB8lgiEyY1JAvAvaah9lF1P4Yhmok33cA%3D%3D&navwww.fredlaw.com/news__media/potential-tax-law-changes-impacting-estate-planning/www.akerman.com/en/perspectives/draft-legislation-in-us-house-of-representatives-would-dramatically-alter-estate-planning-strategies.htmlwww.bowditch.com/estateandtaxplanningblog/2021/09/29/impact-of-house-ways-and-means-tax-proposals-for-trusts-estates-and-retirement-accounts/www.taxreformlaw.com/2021/10/new-cryptocurrency-tax-law-proposals-by-the-house-ways-and-means-committee/www.haynesboone.com/-/media/project/haynesboone/haynesboone/pdfs/alert-pdfs/2021/build-back-better-act—proposed-changes-to-gift-and-estate-tax-law.pdfwww.taftlaw.com/news-events/law-bulletins/attention-action-might-be-needed-if-you-have-grats-life-insurance-trusts-slats-qprts-or-other-grantor-trustsus.eversheds-sutherland.com/NewsCommentary/Legal-Alerts/245386/Significant-Proposed-Limitations-on-IRA-Investments-Included-in-House-Legislationwww.sidley.com/en/insights/newsupdates/2021/09/one-step-forward-ways-and-means-committee-approves-expanded-renewable-energy-tax-creditswww.burges-salmon.com/news-and-insight/legal-updates/private-wealth/bidens-tax-plan-a-uk-perspectivewww.bowditch.com/estateandtaxplanningblog/2021/10/04/impact-of-house-ways-and-means-tax-proposals-for-international-operations/#page=1www.greenbaumlaw.com/insights-alerts-Build-Back-Better-Act.htmlwww.mintz.com/insights-center/viewpoints/2906/2021-10-11-house-democrats-weigh-major-tax-changes-businesses-fundsriker.com/publications/proposed-legislation-drastically-changes-estate-planning-landscapewww.whitecase.com/publications/alert/us-tax-proposals-may-affect-estate-and-gift-planning-strategieswww.dwt.com/blogs/family-business-resource-center/2021/10/build-back-better-act-trust-and-estates-impact#page=1www.cadwalader.com/brass-tax/index.php?nid=45&eid=187collyerbristow.com/shorter-reads/us-tax-changes-imminent/ 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Costa Rica: Lower Residency Requirements and Tax Exemptions introduced for foreign Investors

www.ey.com/en_gl/tax-alerts/el-salvador-approves-bitcoin-as-legal-tenderhome.kpmg/us/en/home/insights/2021/06/tnf-costa-rica-incentives-for-investors-retirees-include-tax-relief-measures.htmlariaslaw.com/en/news-in/approval-of-new-laws-that-benefit-the-foreigners-that-want-to-reside-in-costa-rica-digital-nomads-investors-renters-retirees Update:assets.ey.com/content/dam/ey-sites/ey-com/en_gl/topics/tax/tax-pdfs/ey-costa-rican-president-signs-regulations-to-law-for-attracting-foreign-investors-rentiers-and-pensioners.pdf 0
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EU: Tackling the abusive use of Shell Companies

ec.europa.eu/taxation_customs/communication-business-taxation-21st-century_enec.europa.eu/commission/presscorner/detail/en/ip_21_2430mnetax.com/ambitious-eu-tax-agenda-includes-new-common-corporate-tax-base-proposal-44127www.cms-lawnow.com/ealerts/2021/06/future-eu-directive-tackling-shell-companies-atad-3?cc_lang=enec.europa.eu/info/law/better-regulation/have-your-say/initiatives/12999-Tax-avoidance-fighting-the-use-of-shell-entities-and-arrangements-for-tax-purposes_enwww.arthurcox.com/knowledge/fighting-the-use-of-shell-entities-and-arrangements-for-tax-purposes/www.cms-lawnow.com/ealerts/2022/01/atad-3-european-commissions-proposal-targeting-shell-companies?cc_lang=en See also:blog.macfarlanes.com/post/102h0ho/atad-3-the-writing-on-the-wall-for-eu-holding-companieswww.step.org/system/files/media/files/2021-08/step-paper-on-business-taxation-for-the-21st-century-in-particular-with-respect-to-shell-companies.pdfwww.step.org/sites/default/files/2021-08/step-response-on-the-european-commission-consultation-on-fighting-the-use-of-shell-entities-and-arrangements-for-tax-purposes.pdf Update:blog.macfarlanes.com/post/102hso8/ec-follow-up-proposal-linked-to-non-eu-shell-entities-publishedwww.jonesday.com/en/insights/2022/10/the-unshell-draft-directive–only-a-few-months-left-to-complyec.europa.eu/transparency/documents-register/detail?ref=COM(2022)554&lang=enec.europa.eu/info/sites/default/files/supranational_risk_assessment_of_the_money_laundering_and_terrorist_financing_risks_affecting_the_union_-_annex.pdfcamilleripreziosi.com/news/european-commission-publishes-its-updated-supranational-risk-assessment/www.loyensloeff.com/insights/news–events/news/when-will-the-eu-ata-3-directive-impact-my-eu-entities-ny-office-snippet/www.traverssmith.com/knowledge/knowledge-container/anti-tax-avoidance-directive-iii-eu-unshell-proposal/#page=1www.macfarlanes.com/what-we-think/in-depth/2022/atad-3-unshell-directive/www.europarl.europa.eu/news/en/press-room/20230117IPR67314/unshell-meps-adopt-position-on-legislation-to-clamp-down-on-shell-companieswww.europarl.europa.eu/news/en/press-room/20221128IPR58202/unshell-meps-adopt-position-on-legislation-to-clamp-down-on-shell-companiestax.weil.com/insights/european-parliament-approves-atad-3-amendments-analysis/#page=1www.cms-lawnow.com/ealerts/2023/01/atad-3-proposal-approved-by-the-european-parliament?cc_lang=enUpdate_on_the_ATAD_3_Unshell_Directive_v2.pdf (algoodbody.com)www.twobirds.com/en/insights/2023/global/atad-3-amended-by-eu-parliamentwww.kinanis.com/Media/Uploads/Publications/Brochures%202022/March%202022/ATAD%203%20-%20The%20tompstone%20of%20shell%20entities.pdfwww.europarl.europa.eu/news/de/press-room/20230327IPR78511/new-eu-measures-against-money-laundering-and-terrorist-financingwww.stibbe.com/publications-and-insights/proposal-for-a-directive-to-prevent-misuse-of-shell-entities-atad-3-andTax Alert: Understanding the Unshell Directive – PenterisWebcast: ATAD 3, what is the impact to your organization? – YouTubeATAD 3: EU crackdown on shell entities – is there any sign of life? – Macfarlaneswww.macfarlanes.com/what-we-think/in-depth/2023/atad-3-eu-crackdown-on-shell-entities-is-there-any-sign-of-life/www.grant-williams.com/how-do-you-solve-a-problem-like-inflation/?utmdata.consilium.europa.eu/doc/document/ST-10710-2023-INIT/en/pdfwww.euractiv.com/section/economy-jobs/opinion/time-for-the-council-to-shell-out-some-justice-and-fight-tax-avoidance/data.consilium.europa.eu/doc/document/ST-16100-2023-INIT/en/pdfcms-lawnow.com/en/ealerts/2023/12/no-white-smoke-on-atad-iii-proposal-in-2023?utm 0
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