International tax planning affects all individuals and entities that have interests in more than one state. Lifting the bank secrecy laws and the introduction of automatic exchange of information have forced many taxpayers to reconsider their existing structures and seek new tax planning alternatives.
Residency, taxation of capital gains, method of holding assets, creation of structures (trust or foundation), and inheritance are some common matters for individuals.
Entities (private or public) have to be concerned about the place of incorporation, transfer pricing, import/export tax, and VAT. In this practice area, the tax authorities strictly enforce the law regarding substance requirements and place of management. However, in this field, it should be noted that they are not common understanding when it comes to international taxation. Therefore, the analyze could be complex.
Many states are currently implementing rules and regulations to combat tax evasion by moving assets abroad and creating innovative international structures. The OECD and the G20 have introduced Base Erosion and Profit Shifting Project (BEPS Project) to tackle tax avoidance. These new international standards have encouraged collaboration between countries and force multinational companies to become more transparent.
The role of the international tax attorney has become essential due to the rapid and constant mutation of the international context. Tax attorneys at our firm have expertise in helping clients in their tax planning both in Europe and in the United States. Our team of attorneys has a variety of legal backgrounds (case law and civil law), which allows us to work efficiently in the international context.
Contact us for consultation on your international tax issues. Our tax attorneys are at your disposal to assist you.