Private Clients alert May 2021
We hope you and your families are well.
In this edition, we bring you news from Australia, as the privately owned and wealthy groups are under the Australian Taxation Office review, we discuss the taxation of foreign real estate in Belgium, the Ultimate Beneficial Owner disclosure rules in Peru, and a new exit tax on retirement savings when ceasing to be tax resident in South Africa.
In this edition, we bring you news from Australia, as the privately owned and wealthy groups are under the Australian Taxation Office review, we discuss the taxation of foreign real estate in Belgium, the Ultimate Beneficial Owner disclosure rules in Peru, and a new exit tax on retirement savings when ceasing to be tax resident in South Africa.
Additionally, our Alert includes an article on why is Romania an attractive tax regime for private clients.
If you would like advice on any of these issues raised in this newsletter please contact your local advisor or our private client team.