|
|
|
 |
|
|
|
|
|
Case Studies |
| |
|
| |
» Company
Case Studies
» Trust
Case Studies |
| |
The following case
studies provide valuable insight into how offshore companies, onshore
companies and offshore trusts can be used to structure your affairs
so as to maximise your assets.
COMPANY
CASE STUDIES
Intermediate Group Holding Company
Telco Ltd., a company incorporated and managed in South Africa and
engaged in telecommunication services, is going to invest in China.
Its Chinese operations will be both manufacturing and providing services.
Telco intends to penetrate the Chinese market for telecommunication
and according to some market research carried out before, the operations
will be highly profitable within a couple of years.
How to structure Telco's investment in a tax effective manner?
Read our solution »
Intermediate Finance Company
An Israeli investor is investing in the Czech Republic. A substantial
part of the investment will be financed with debt. As the Czech withholding
tax on interest paid to Israel is 10%, he wonders whether this withholding
tax can be avoided by structuring the loan through a third country.
The Israeli investors wish to avoid paying this tax for internal reasons.
Read
our solution »
Licensing Company
Zoomcopter Ltd., a company established in Taiwan, has developed a
new widget which is used as a spare part in the assembly of helicopters.
By using this widget when producing the helicopters, the operational
costs of the helicopters can be substantially reduced.
Zoomcopter holds the worldwide patent on this invention and it wonders
how the exploitation of the patent can be arranged in a tax-effective
manner.
Read
our solution »
Personal Service Company
Albert Smith is currently working in Luxembourg as an independent
IT consultant through a Luxembourg management company. Therefore,
he is currently paying Luxembourg taxes (rates up to 38%).
Mr. Smith is going to conclude a new service contract to work in Italy
for a US-company. The US company has a European office in the UK.
It is contract work and the US company is using Albert's services
by sub-contracting him out to one of its clients in Italy.
Mr. Smith wonders whether he can reduce his Italian income tax exposure
(rates up to 45%), for example, by using an offshore company which
is directly or indirectly controlled by him?
Read
our solution »
International Trading
Companies
Yuri Ivanov lives in Russia. He is purchasing and selling shoes. He
buys the shoes from Italy and sells them to department stores in France,
Germany and Spain.
Mr. Ivanov wonders whether he can structure his business in a tax-effective
manner, for example by using an offshore company.
Read
our solution »
Wolfgang Schmidt is a High Net-Worth individual and lives in Monaco.
He wants to source products from the Far East for sale to one of his business
associates in Brazil and wants to do this in a tax efficient manner.
Read
our solution »
Real Property Companies
Ferenc Kiss, a Hungarian high net-worth individual living in Budapest,
is investing substantial amounts of his wealth in real property, both
in Hungary and in other Central and Eastern European countries.
Mr. Kiss wonders how the return on his investment can be arranged
for in a tax-effective manner. The same question arises in case he
sells the property in these countries and he realises a gain.
Read
our solution »
Holding Company
Oscar Valdez, a Mexican high net-worth individual is planning to invest
in new recreational and tourist facilities (spa resort, golf links,
holiday cottages, restaurant, etc.) in Portugal.
Mr. Valdez is interested in structuring his investment in such a manner
that:
A. the assets wholly or partly owned by him in Portugal are well protected
against various business, economic or political risks; and
B. the return of his investment after the commencement of the business
operations is tax effective.
Read
our solution »
TRUST
CASE STUDIES
Income Arising Overseas
Nancy Johnson, a Canadian individual, has acquired some luxury apartments
in France along the coast of the Mediterranean. It is her intention
that the apartments will be rented out to third parties. In case of
the sale of the apartments or when Nancy dies, capital gains taxes
and inheritance taxes should be avoided or reduced as much as possible.
In addition, Nancy wonders how high taxes on rental income and/or
taxes on capital gains in case of sale of the apartments can be avoided
or reduced as much as possible.
Read
our solution »
Estate Planning
Bernard Shaw, a widower of 65, is planning to remarry with a Canadian
woman and emigrate to Canada. At present, Mr. Shaw is resident in
the UK. He has two children; a son living in the Bahamas, and a daughter
who married a German man and has been a resident of Germany for more
than 10 years. His new wife also has two children from her first marriage,
one son who lives in Brazil and a daughter living in the United States.
Before he remarries, Mr. Shaw wishes to come to a comprehensive, tax
effective arrangement for the administration and the transfer of his
property, if any, and the benefits derived there from after his death.
Read
our solution »
Divesting Of Personal
Assets
Olga Barschett receives substantial amounts of royalties (and dividends)
from the Russian company she works for, which she is subject to tax
in the Russian Federation. She wonders whether she can exploit the
patents in a more tax-effective way by bringing the patents offshore.
At the same time, she intends to use the proceeds for both charitable
purposes and the education of her grandchildren (at this moment, Olga
has only one daughter of 12 years old).
Read
our solution »
Inheritance Tax Planning
Pierre Dubois, a French citizen and resident, owns valuable works
of art situated in several galleries and museums in the UK. The value
of these works of art would certainly exceed the inheritance tax threshold
for UK inheritance tax purposes, if Pierre would die in the very near
future.
Mr. Dubois wonders how he can avoid exposure to UK inheritance tax.
Read
our solution »
Pre Migration Planning
Mr. Abdullah, an executive working for a big oil company in Kuwait
and also resident in Kuwait (0% income tax) is sent by his employer
to Germany to become the CEO European operations of his company.
It is expected that he will stay in Germany for a long period of time (at least 8 - 10 years) and he will take his family with him to Germany.
Mr. Abdullah is concerned about the high personal income tax rates
in Germany (up to 48.5%). He wonders whether his exposure to German
tax can be mitigated as a result of pre-migration tax planning.
Read
our solution »
|
|
|
|
|
|
|
