June 25th 2018
The French Conseil d'Etat has handed down an important and far
reaching decision which whilst not explicitly stated to do so will
affect Shari'ah law loans granted to French companies using
offshore trustees to hold capital zero-coupon bonds...
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June 10th 2018
The recent Impôt sur la Fortune immobilère or IFI and the
necessary allowances and exemptions has had to be adapted to the
main sanction for non-declaration of Trust assets which is
the prélèvement of 1.5%
Those trustees with mere portfolio...
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June 8th 2018
The French administration bit off a good deal more than their
computer system could chew in the modification of the tax basis
from the ISF,last year, 2017, which comprised both movable and
immovable assets to the new Impôt sur la Fortune...
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May 16th 2018
The deadline for filing the IFI forms has been extended
from 22nd May for non-residents to 15th June 2018 for all taxpayers
whether resident or otherwise, presumably on a one-off basis. The
irony is that what is now an income tax declaration...
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May 3rd 2018
This article has been removed from public circulation, please
refer to Peter Harris for inforation and advice on the question of
IFI declarations required in France of non-resdnets and
particularly involving property holding structures and trusts...
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April 16th 2018
As at Monday 16th April, 2018.
The impôt sur la fortune immobiière: the new French Wealth Tax
on immovables and immovable property holding entities.
The first point is to check whether indirectly, you own a direct
or an indirect interest in...
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March 19th 2018
This EU Task Force sourced document was sent to the EU27 Member
States, to the Brexit Steering Group of the European Parliament and
published on the TF50 website on 19th March 2018. It is not
yet what might be termed a final draft as...
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March 14th 2018
The EC Commission's proposal for a Regulation of the European
Parliament and of the Council on the law applicable to the
third-party effects of assignments of claims has been published.
This is of interest to Financial institutions involved...
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