Author Description

This book focuses on how offshore trusts and companies are used as tax shelters and includes extended treatment of the favourable tax regime currently enjoyed by foreign domiciliaries. The first part deals with planning techniques, a.o. UK domiciliaries, existing trusts, trust distributions, non-domiciliaries, sham trusts, shadow directors, offshore subsidiaries, parallel companies, employee benefit trusts, occupational pensions, and emigration of individuals, trusts and companies. The second part analyses relevant anti-avoidance legislation and other technical issues, a.o. territorial limits of UK income tax and capital gains tax, inheritance tax and domicile, transfers, settlements, and other anti-avoidance legislation.