US: GRAT your SPAC
www.lplegal.com/content/grat-your-spac.htmlSee also:bit.ly/3eSk5oubit.ly/3b0Mo2VUse Grantor Retained Annuity Trusts (GRATs) for Business Succession (carpenterwellington.com) 0
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Home » Posts taggedTax Planning (Page 35)
US: Irrevocable Life Insurance Trust
www.lplegal.com/content/insurance-trusts-now.htmlwww.bowditch.com/estateandtaxplanningblog/2024/03/28/estate-planning-the-irrevocable-life-insurance-trust/#page=1 See also:bit.ly/32VXr91 0
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Germany: Anti-Tax Avoidance Directive (ATAD Implementation Act) submitted
blogs.pwc.de/german-tax-and-legal-news/2021/03/24/government-draft-for-the-implementation-of-the-anti-tax-avoidance-directive-atad-implementation-act-submitted/knowledge.freshfields.com/en/Global/r/4455/lower_house_of_german_parliament_adopts_atadUpdate:www.advant-beiten.com/en/blogs/stn/atad-umsetzungsgesetz-aenderungen-bei-der-hinzurechnugsbesterung 0
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US: New York City’s Real Property Tax Exemption Program – Attractive Real Property Tax Benefits for Multi-family Properties
katten.com/new-york-citys-article-xi-real-property-tax-exemption-program-providing-attractive-real-property-tax-benefits-for-multi-family-properties 0
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UK: Shares sold by Trusts not eligible for Entrepreneurs’ Relief?
www.rpc.co.uk/perspectives/tax-take/quentin-skinner-shares-sold-by-trusts-not-eligible-for-entrepreneurs-relief/#page=1 See also:bit.ly/39dlRyg Update, overturned:www.bailii.org/ew/cases/EWCA/Civ/2022/1222.htmlwww.gov.uk/tax-and-chancery-tribunal-decisions/the-commissioners-for-hm-revenue-and-customs-v-1-the-quentin-skinner-2005-settlement-l-2-the-quentin-skinner-2005-settlement-r-3-the-quentin-skinner-2005-settlement-b-2021-ukut-0029-tccfinanceandtax.decisions.tribunals.gov.uk/judgmentfiles/j11272/TC07312.pdfwww.withersworldwide.com/en-gb/insight/entrepreneur-s-relief-and-the-qualifying-beneficiary-requirement-is-it-now-the-time-to-actwww.rpc.co.uk/perspectives/tax-take/court-of-appeal-finds-in-favour-of-taxpayers-concluding-that-entrepreneurs-relief-was-available/#page=1 Update:www.mishcon.com/news/entrepreneurs-relief-a-bad-relief-for-trustees 0
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US: IRS Private Letter Ruling helps to Define the Scope of proscribed excluded Activities under Section 1202
bit.ly/2SKnw9sfrostbrowntodd.com/determining-section-1202-exclusion-percentage-when-selling-qsbs/#page=1frostbrowntodd.com/the-intersection-between-equity-compensation-planning-and-section-1202/#page=1 0
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Chile: Double Tax Treaty with Netherland signed
gtlawinfo.com/rv/ff007579696fe63e3b27710a7d4ba3d308fc48f3See also:mnetax.com/chilean-guidance-addresses-enhanced-foreign-tax-credit-rules-under-2020-tax-reform-45147 0
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US: Equity Awards granted to US Participants by Non-U.S. Entities may lead to unintended Consequences
bit.ly/3bXRUUf 0
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Australia: ATO Guidance on Deductibility of Bribes
ngm.com.au/are-bribes-tax-deductible-ato-guidance/See also:bit.ly/2Ov1ndx 0
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Canada: Straddle Transactions deductible even when deliberate Attempt to create Tax Losses
www.thor.ca/blog/2021/02/tax-court-reaffirms-legitimacy-of-straddle-transactions-and-source-of-income-test/www.canlii.org/en/ca/tcc/doc/2021/2021tcc11/2021tcc11.html?resultIndex=1 See also:www.thor.ca/blog/2022/06/paletta-estate-federal-court-of-appeal-overturns-tax-court-on-source-of-income-test/www.canlii.org/en/ca/fca/doc/2022/2022fca86/2022fca86.html?autocompleteStr=2022%20fca%2086&autocompletePos=1www.millerthomson.com/en/publications/communiques-and-updates/tax-notes/august-17-2022/interest-deductibility-fundamentals-canada/ 0
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