Spanish expat hub scraps wealth tax
The authorities in Andalucía – a major expat destination – has announced it is scrapping wealth tax for residents and second homeowners with immediate effect.
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Tax
Tax can be a pain to understand, calculate and keep up with. That is why we you the latest headlines from the tax world, simplified and thoroughly explained. Learn more about capital gains tax, returns, and inheritance tax in both your new country of residence and native country.
1 in 4 U.S. expats would give up citizenship due to tax issue
Around 1 in 4 U.S. expats is “seriously considering” or “planning” to renounce their U.S. citizenship, according to a survey
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What is a non-dom?
Last month it was revealed that UK Chancellor Rishi Sunak’s multi-millionaire wife claims non-domicile status
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Reforms to China’s preferential expat tax policies shelved
China has extended favourable income tax policies for expats in the country to 31 December 2023, the finance ministry has confirmed
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Expats targeted in SA Budget Review
The South African Budget Review 2022, delivered by Finance Minister Enoch Godongwana in what was his maiden budget speech on 23 February 2022
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European court slams Spain’s overseas assets penalty regime
The European Court of Justice has found that Spain infringed the European principle of free movement of capital, prompting a major reform of its regulations
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Expat hub UAE to introduce 9% corporate tax
The United Arab Emirates, one of the world’s most popular expat destinations, is to introduce a 9% corporation tax rate as the country moves to further
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UK tax authority sued again over FATCA
The UK tax authority is facing another legal battle at the high court over supposed breaches of the EU’s data protection
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Belgium tax shake-up hitting expats
Expats in Belgium are facing a change to their taxes as the Belgian government are planning to shake-up the regime in the 2022 Budget
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Why U.S. expats are hit by taxman’s over-reach
The U.S. tax regime is continuing to make financial matters difficult for American expats In almost every country around the world, the tax authority taxes
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