Australia: Tax Avoidance through Trusts – The ATO’s Focus on privately owned and wealthy Groups

ngm.com.au/tax-avoidance-trusts-ato-focus/www.ato.gov.au/General/Tax-avoidance-taskforce/Tax-Avoidance-Taskforce-highlights-2020-21/pinpoint.cch.com.au/news/csh-da-filter!WKAP_TAL_YAITTNEWS_REFERENCE/legauUio3418891sl1283809711/tax-scheme-promoters-and-complex-trusts-structures-still-an-ato-focuswww.ato.gov.au/General/The-fight-against-tax-crime/Our-focus/Serious-Financial-Crime-Taskforce/www.ato.gov.au/uploadedFiles/Content/ITX/downloads/SFCT_O_Tax%20Evasion_Fact%20Sheet.pdfwww.kwm.com/en/au/knowledge/insights/undeclared-foreign-income-20210924ngm.com.au/use-overseas-gift-loan-to-support-financial-activity-ato/cgw.com.au/publication/the-ato-is-cracking-down-on-undeclared-foreign-income-being-disguised-as-gifts-or-loans/www.holdingredlich.com/next-5000-findings-report-identifies-key-errors-common-to-many-private-groups See also:bit.ly/3ozw3YEbit.ly/3eXdo5Fwww.claytonutz.com/knowledge/2021/september/the-top-five-trends-shaping-disputes-with-the-australian-tax-office-and-your-tax-risk-in-2021pinpoint.cch.com.au/news/csh-da-filter!WKAP_TAL_YAITTNEWS_REFERENCE/legauUio3418502sl1283536199/ato-reminder-to-declare-income-from-shareswww.ato.gov.au/Business/Privately-owned-and-wealthy-groups/Tax-governance/Tax-governance-guide-for-privately-owned-groups/Gifts-or-loans-from-related-overseas-entities/www.ato.gov.au/law/view/document?DocID=TPA/TA20212/NAT/ATO/00001www.ato.gov.au/Business/Business-bulletins-newsroom/Tax-avoidance/Disguising-undeclared-foreign-income-as-gifts-or-loans/pinpoint.cch.com.au/news/csh-da-filter!WKAP_TAL_YAITTNEWS_REFERENCE/legauUio3423262sl1285880664/ato-sights-on-undeclared-foreign-income-disguised-as-gifts-or-loans-from-related-overseas-entitiesngm.com.au/ato-taxpayer-alert-disguise-foreign-income-gift-or-loan/cgw.com.au/publication/it-depends-gift-and-loan-back-strategies/#page=1cgw.com.au/publication/it-depends-the-atos-use-of-the-avoidance-provisions/#page=1 0
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Australia, Tax, Tax Planning European Union, Tax, Tax Planning, UK

Czech Republic: Definition of Beneficial Ownership extended to include those who have ‘Final Influence’

www.eversheds-sutherland.com/global/en/what/articles/index.page?ArticleID=en/global/czech-republic/en/New_Act_on_the_Registration_of_Beneficial_Owners_en_OSwww.schoenherr.eu/content/czech-republic-new-changes-in-the-register-of-ultimate-beneficial-owners/ Update:www.taylorwessing.com/en/insights-and-events/insights/2022/09/amendment-to-the-act-on-the-registration-of-beneficial-ownerswww.schoenherr.eu/content/new-rules-in-czech-ubo-law-as-of-1-october-2022-immediate-threat-of-sanctions/www.kinstellar.com/news-and-insights/detail/2132/czech-republic-ubo-update-deadline 0
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Czech Republic, Ownership

Cayman: CIMA fines Trust company with more than $4.2 million for AML breaches

www.cima.ky/upimages/noticedoc/PublicNotice-Administrativefine-IntertrustCorporateServicesCaymanLimited_1620946178.pdfcaymannewsservice.com/2021/05/intertrust-fined-4-2m-over-aml-failings/www.caymancompass.com/2021/05/14/cima-fines-intertrust-more-than-4-2-million-for-aml-breaches/Update:www.caymancompass.com/2021/10/04/intertrust-allowed-to-appeal-cimas-enforcement-action-after-deadline-passed/ 0
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Cayman Islands, Money Laundring, Regulatory Divorce, Litigation, UK Australia, Tax Corporate Law, Guernsey, UK Tax, Tax Planning, UK

Germany: Real Estate Transfer Tax Reform

sites-herbertsmithfreehills.vuturevx.com/271/24879/compose-email/real-estate-transfer-tax-(-rett-)-reform-likely-to-be-implemented-on-short-notice.aspwww.mofo.com/resources/insights/210421-real-estate-transfer-tax-rules.html www.gtlaw.com/en/insights/2021/4/law-amending-the-real-estate-transfer-tax-act-passedwww.wfw.com/articles/new-german-bill-tightens-real-estate-transfer-tax-on-share-deals/www.cmshs-bloggt.de/real-estate-public/grunderwerbsteuerrecht-neues-vom-share-deal/#page=1estatewww.reedsmith.com/en/perspectives/2021/05/movement-in-the-amendment-of-german-real-estate-tax-actwww.squirepattonboggs.com/-/media/files/insights/publications/2021/05/germany-amends-real-estate-transfer-tax-act-for-share-deals/amendments-to-the-german-real-estate-transfer-tax-act-for-share-deals.pdfwww.web-partner.de/de/journal/grundGerman Real Estate Transfer Tax and Investment Funds, Martin Schiessl, Sebastian Röger (freshfields.com)Share Deals: Geplante Änderungen im Hinblick auf die Grunderwerbsteuer | Morrison Foerster (mofo.com)blogs.pwc.de/de/german-tax-and-legal-news/article/238371/discussion-draft-for-a-law-amending-the-real-estate-transfer-tax-act-in-coordination-between-the-federal-government-and-the-federal-states/ See also:bit.ly/3veXEQVwww.dlapiper.com/en/us/insights/publications/2022/08/new-guidelines-on-role-of-aml-cft-compliance-eba-expectations/www.goerg.de/de/aktuelles/veroeffentlichungen/26-09-2022/grundsteuerreform-2022-die-modelle-im-belastungsvergleich-und-vertraglicher-handlungsbedarf-bei-immobilientransaktionen Update:www.europeantax.blog/post/102i1co/german-tax-authorities-publish-long-awaited-guidance-on-new-rett-law#page=1Another German Real Estate Transfer Tax reform? | Herbert Smith Freehills | Global law firmGeplante Novelle des Grunderwerbsteuergesetzes – ARNECKE...
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Germany, Real Estate, Tax Insurance, Spain, Tax, Tax Planning