top of page
Polar Bear / Napoleon/Penguin Custodians
A Svalbard or St Helena or Fallkands or Akrotiri trust avoids automatic exchange of information
Keep your assets confidential
Articles page I
When printing the pdf version of article, ensure you select 'print size to page width', else the image will be too small to read
Articles 28 September 2024 - 30 November 2024
Analysis of crypto-taxation: France, Belgium, and Luxembourg
Netherlands Launches Public Consultation on Crypto Tax Rules to Enhance Transparency and Combat Tax Evasion
Denmark: Consultation on Draft Bill Implementing DAC8 and Crypto-Asset Reporting Framework
Swiss private bank Lombard Odier charged with serious money laundering
Hong Kong proposes crypto tax breaks to compete as global financial hub
Row I 168
Singapore joins CARF
61 countries implement CARF - Global Forum celebrates 15 years of progress and extends tax transparency to the crypto-asset sector
Tax justice network squealing about CARF weaknesses
The German draft CARF law mentions that the reporting will be conducted via an MCAA, but one that needs to be drafted and signed.
Israel annoiunces it will implement CARF
Row I 167
HMRC can issue information request to non UK residents. if unresponsive, HMRC can rely on mutual assistance agreements for exchange on demand if such treaty exists. Penalties can be applied on assets held in the UK.
CARF: Key differences on investment entities for CARF vs CRS
Macao CRS guidance on Zero Cash Value policies used to avoid CRS reporting. See page 6 par 3.2.3. If policyholder can change benefficiaries or take a loan, directly or indirectly, teh reportable value i sthe policy value even if its irrevocable.
CARF interview script with Derren 15.11.2024
UK Crypto Council - Cryptoasset Reporting Framework, Common Reporting Standard amendments, and seeking views on extension to domestic reporting
Row I 166
Old Tricks for New Dogs Enforcement and Compliance
Part IV - CARF Reporting Obligations
Part III - CARF CAU and transactions
Part II - CARF challenging aspects
Part I - CARF Intro
Row I 165
Montenegro Told The EU It Had Frozen Assets Of Blacklisted Russians, But It Wasn't True
Foreign Grantor Trusts (FGT) – Pre Migration Tax Planning, Asset Protection, Estate Planning
Singapore, a sunny place for shady Employment Pass holders.
Singapore government supported infrastructure is the single biggest enabler of CRS evasion, making the US look like Disney characters
For CRS purposes, who is the settlor of a decanted/resettled trust that is a SPV Custodial Institution
Can HMRC extraterritorially reach a non-resident submiting a fraudulent dormant UK company filing? The compulsory info request worth toilet paper?
Row I 164
Can HMRC extraterritorially reach a non-resident submiting a fraudulent dormant UK company filing? The compulsory info request worth toilet paper?
Svalbard - Norwegian Sovereignty: Ministry of Justice and Public Security Framework under international law
OECD Amended Common Reporting Standard XML Schema User Guide for Tax Administrations
Exit Taxation in the European Union, Is there really a problem?
Dutch Parlaiment instructs Government to work on Exit Tax Plans
Row I 163
What is Outlook of the Non-participating Asian Countries Implementing CRS?
Let's talk about the General Anti Avoidance Rules (GAAR).
OECD Update on Singapore's Residency, CRS Indicia, and Centre of Vital Interests
Will Hong Kong be Encouraged by the OECD to Implement CARF??
Can You Really Re-Settle an Irrevocable Trust? Reasons and Benefits Explained
Row I 162
How Chinese Residents Use Private Structures to Hold Outbound Direct Investments?
What is Article 29’s role in the OECD Convention on Mutual Assistance in Tax Matters?
Update on the US CARF Pledge and Switzerland's Recent Actions
What are the Types of Fees of a Custodial Institution?
Insights into Nominee Account Holders and Custodial Institution Accounts
Row I 161
Singapore's U-Turn on Settlor reporting What Prompted the Change?
Why do many erroneously believe a Corporate Director indicates a Managed Entity?
Key differences between Passive and Active NFEs.
Converting Passive NFE to a Non-Reportable Active One: Key strategies
Why does CRS treat Non-Participating Investment Entities as Transparent Passive NFEs?
Row I 160
Trusts with Equity Interest Entities
Let's Clarify: Does Your Self-Directed Untaxed Investment Entity Bypass CRS?
How Important is a GIIN when Determining CRS Status?
Strategies to Manage Cash to Maintain Non-Reportable Active NFE Status vs. Reportable Passive NFE.
Quick overview of the Common Reporting Standard
Equity and Debt Interest refers to Investment Entities. However, a CRS obscure clause extends this to all FIs, that no-one has written about.
Coming Soon
Row I 159
Sanctions, schmanctions. Easy as pie for Russians to set up a European trust
Most secretive trust in the world. No UBO/tax registration/licensed
trustee/local agent. No paper/electronic trail. Physically impossible to trace.
Watch youtube the History of Svalbard
Why UK companies owned by trusts offer unprecedented confidentiality over other jurisdictions
Coming Soon - How banks help clients avoid CRS by wrongly classifying their reportable Passive NFEs as non-reportable Active NFEs
Under construction - draft is rough
Equity and Debt Interest refers to Investment Entities. However, a CRS obscure clause extends this to all FIs, that no-one has written about.
Coming Soon
Row I 158
HSBC are scumbags as they define an Active NFE incorrectly to help their clients avoid being reported by CRS and FATCA.
How FATCA is easy to avoid. Forget the illegal moronic shell bank loophole used by Robert Brockman. That was for noobies.
Final version of BVI business companies Act amendments is gazetted. Trust owned companies register trustee, settlor and beneficiaries in BO register vs only trustee in UK companies owned by trusts because UK registers PSC vs B.O.
UK gives one of its 14 overseas territories away. UK hands sovereignty of Chagos Islands to Mauritius. Reaffirms keep Falklands. Other territories include
Saint Helena, Ascension, Tristan da Cunha, Pitcairn, Turks & Caicos, Montserrat, Gibraltar, Cayman, BVI, Bermuda, Anguilla, Akrotiri & Dhekelia.
North Korea signs Svalbard Treaty
Equity and Debt Interest refers to Investment Entities. However, a CRS obscure clause extends this to all FIs, that no-one has written about.
Coming Soon
Row I 157
bottom of page