Integra Tax World - Integra International

Reform of the UK Non-Dom tax regime. What has changed? May 29, 2025 Author: Eugenia Campbell Partner bright grahame murray, Chartered Accountants E: [email protected] Integra International Grant Gilmour, CPA (Canada, BC) CPA (USA, Arizona) Integra Tax World Newsletter Editor E: [email protected] Reform of the UK Non-Dom tax regime. What has changed? From 6 April 2025 the UK non-dom regime was abolished and replaced by a 4-year foreign income and gains (FIG) regime, which is tax residence based. The concept of long-term tax resident (“LTR”) was introduced, and domicile was removed for tax purposes, although it remains relevant for pre-April 2025 tax considerations. Taxpayers who do not qualify for the FIG regime will be… Read More

Unlock Exceptional Tax Advantages and an Enviable Lifestyle by Moving to Gibraltar May 29, 2025 Author: Paul Correa Managing Director Fiduciary Wealth Management Limited E: [email protected] Edited by: Integra International Grant Gilmour, CPA (Canada, BC) CPA (USA, Arizona) Integra Tax World Newsletter Editor E: [email protected] Unlock Exceptional Tax Advantages and an Enviable Lifestyle by Moving to Gibraltar Moving to Gibraltar is becoming increasingly attractive for foreign nationals seeking significant tax advantages and an enhanced quality of life. Commonly referred to as "The Rock of Gibraltar," this British Overseas Territory provides considerable tax benefits, making it particularly appealing to expats pursuing Gibraltar Residency. This article explores why Gibraltar should be considered a leading destination for… Read More

Tariffs? What are they and how do they work? A glossary for accountants and their clients. May 29, 2025 Author: Integra International Grant Gilmour, CPA (Canada, BC) CPA (USA, Arizona) Integra Tax World Newsletter Editor E: [email protected] Tariffs? What are they and how do they work? A glossary for accountants and their clients. Tariffs are defined by the World Trade Organization as customs duties on imports. The roll of accountants and tax and legal advisors is to help clients understand and either mitigate the impact of taxes or recognize opportunities in taxation for savings. Tariffs and duties are a form of taxation. But until recently they were stable and predictable and often were not considered as planning opportunities… Read More

Understanding Japan’s Anti-Avoidance Rules and Tax Regulations February 19, 2025 Author: Manami Yahata Senior Tax Associate Actus Tax Corporation E: [email protected] with contributions from: Tetsunori (Ted) Chiba, LLM, MST International Tax Partner Actus Tax Corporation E: [email protected] Edited by: Integra International Grant Gilmour, CPA (Canada, BC) CPA (USA, Arizona) Integra Tax World Newsletter Editor E: [email protected] Understanding Japan's Anti-Avoidance Rules and Tax Regulations Japan has developed a robust system to prevent tax avoidance, particularly through the use of foreign subsidiaries or corporate structures that minimize tax liabilities. While Japan does not have a General Anti-Avoidance Rule (GAAR) like some other countries, it addresses tax avoidance using targeted, specific anti-avoidance… Read More

Lower Tax Using Alternative Taxation for New Residents in Greece February 5, 2025 Author: George Giannopoulos Partner E: [email protected] Edited by: Integra International Grant Gilmour, CPA (Canada, BC) CPA (USA, Arizona) Integra Tax World Newsletter Editor E: [email protected] Lower Tax Using Alternative Taxation for New Residents in Greece In recent years, Greece has seen a growing international community, which includes retirees, professionals, students, and digital nomads. Foreign nationals living in Greece represent an expanding group of people who choose the country for various reasons. Climate: Mediterranean weather with mild winters and warm summers, ideal for outdoor activities. Relatively Low Cost of Living: Although living costs have risen recently, life in Greece is… Read More

Brazilian tax reforms: a lost opportunity? November 12, 2024 Author: Victor Serrão, CPA Partner, Pitmen Auditores Independentes W: www.pitmen.com.br E: [email protected] Edited by: Grant Gilmour, CPA (Canada, BC) CPA (USA, Arizona) Integra Tax World Newsletter Editor E: [email protected] The Brazilian tax reform, a crucial initiative to simplify and modernize the country's tax system, is currently being processed by the National Congress. At the moment, the Chamber of Deputies is still negotiating internally the deadline to conclude the vote on the second text that complements the tax reform. Initially, the new legislation is expected to come into force in stages, between 2025 and 2033. The reform proposes the transition… Read More

Taxable Income. What is that? November 12, 2024 Author: Grant Gilmour, CPA (Canada, BC) CPA (USA, Arizona) Integra Tax World Newsletter Editor E: [email protected] With Contributions from: Franz Schweiger, BF Consulting Austria Dr. Filip Schade, Wagemann + Partner, Germany David Lucas, Bright Grahame Murray, United Kingdom Victor Serrao, Pitmen, Brazil Wayne Soo, Fiducia LLP, Singapore Edited by: Mark Saunders, BA FCA Chief Operating Officer Integra International E: [email protected] This is a question that tax practitioners around the world are often asked. Business owners and investors and really everyone would like the calculation of tax to be as simple as INCOME multiplied by 10 PERCENT gives TAX. And income… Read More

Home Office Does Not Constitute Permanent Establishment for An Employer in Poland August 20, 2024 Author: Ewa Suwińska - Licensed Tax Advisor INDEPENDENT TAX ADVISERS Warsaw, Poland E: [email protected] Edited by: Grant Gilmour, B.SC., MBA, CPA BC, CA, CPA AZ Integra Tax World Newsletter Editor E: [email protected] Polish Judgement of the Voivodship Administrative Court Dated 11 June 2024 The Polish Voivodship Administrative Court (in Gliwice), in its judgment of 11 June 2024, (ref. no. I SA/Gl 914/23), addressed the issue of creation of a permanent establishment [PE] when employing staff in a home office. The case concerned whether a German company (Company) had or did not have its Poland registered office and management at the home… Read More

VAT treatment – Cross Border Transactions inside the European Union August 20, 2024 Author: Rakesh Ghirah LLM, Associate Partner VAT | Indirect Tax| Londen & Van Holland Amsterdam, Netherlands [email protected] Edited by: Grant Gilmour, B.SC., MBA, CPA BC, CA, CPA AZ Integra Tax World Newsletter Editor E: [email protected] Based on the Value Added Tax [VAT] Directive the VAT Law in the European Union is harmonized. In principle a 0% VAT rate applies to Business to Business [B2B] transactions where goods are supplied from one Member State to another. However, this 0% VAT rate can be exploited for carousel fraud, contributing significantly to the VAT Gap in Europe, which was estimated to be around €61… Read More

Be Careful When the Terms of An Acquisition Seem Too Good to be True. They Usually Are August 20, 2024 Author: Christopher Klug BA, JD, LLM Basswood Counsel PLLC (formerly Klug Counsel PLLC) [email protected] Edited by: Grant Gilmour, B.SC., MBA, CPA BC, CA, CPA AZ Integra Tax World Newsletter Editor E: [email protected] When there is a cross-border merger and acquisition there are additional complexities to plan for, typical acquisition planning in one country may be different than in another country, and the resulting tax implications can be significant. Basswood have represented both the acquiror and target in a number of cross-border acquisitions and getting the right result requires a careful analysis of the tax implications involved. What may seem like a… Read More