Tax year The Portuguese tax year runs from 1 January to 31 December. Basis of taxation – Charge to tax A charge to Portuguese tax is dependent on whether the income arises in Portugal and the extent of the charge will be determined by an individual’s tax residency status. A resident of Portugal is …
Double taxation agreements have existed in Latin America since the 1960s but have significantly increased in the last 25 years. The counterparts have been generally Western European countries. This article provides an overview of the historic and current trends in tax treaties in the region, with some hints about features of the agreements and the …
Latin American Tax Treaties: A Regional Overview Read More »
One thing I enjoy is connecting dots or looking for patterns. To this end, I believe that there has been a shift in how tax is being discussed in the mainstream. I have 5 examples to illustrate my point. Firstly, there is the case of Jack Warner. It is alleged that the IRS and Homeland …
After being distracted by UKIP last week, I am happy to return to the subject of taxation and how developed countries appear to be more aggressively pursuing tax owed by citizens and residents. Firstly I would start with FATCA. By way of background, the Foreign Account Tax Compliance Act (FATCA), which is being phased in …
I’m trained in Law in the United States. I’ve been a Professor of Tax Law in the United States for it’s now 10 years. Before that, I practiced International Tax Law in New York. You can look up my name; google me you’ll find all kinds of little threads all over the place. The one …
FATCA FACT FINDING FORUM – Allison Christians, FATCA and International Tax Law Read More »
VOICEOVER: We invite you to attend the January 2023 Nomad Offshore Summit here in Lisbon, Portugal, INTRO: This podcast’s channel is about you, successful international Entrepreneurs, successful Expats, and successful Investors sponsored by HTJ.tax DERREN JOSEPH: All right, so to those who may be joining us live, and to those who are watching …
CLICK HERE TO VIEW THE COMPLETE DIGITAL NOMAD VISA TABLE FOR 2023 UPDATED AS OF JANUARY 2023 As more companies implement a permanent remote-work model, the digital nomad lifestyle continues to rise for millions of people. But will that trend continue into 2023? The Portuguese Government announced the introduction of a new visa for digital …
https://www.youtube.com/embed/KYEF75METpg?list=PLtDbyDi_bOTLXB44zimLjQLSmE-3ti9eg Read our previous articles: Filing Form 706 NA to secure an IRS Transfer Certificate Form 5173 More About Form 5173 US Estate Tax, the IRS & Form 706-NA Form 706-NA: United States Estate (and Generation-Skipping Transfer) Tax Return is a tax form used to calculate tax liabilities for the estates with U.S.-based assets and generation-skipping …
VOICEOVER: We invite you to attend the January 2023 Nomad Offshore Summit here in Lisbon, Portugal. This podcast channel is about you. Successful international entrepreneurs, successful expats, successful investors. Sponsored by HTJ.tax. DERREN JOSEPH: All right, good morning, good evening, depending on where you are, welcome to HTJ tax. We do these live streams every …
Usufruct is a limited real right (or in rem right) found in civil-law and mixed jurisdictions that unites the two property interests of usus and fructus: Usus (use) is the right to use or enjoy a thing possessed, directly and without altering it. Fructus (fruit, in a figurative sense) is the right to …
WHAT’S A USUFRUCT? How is it treated by the IRS? Read More »