As parents, we work hard all our lives to help our children be smart and wise and independent. Finally, the day comes when they go off into the world on their own. As we proudly wave good by, we realize that for doing such a good job of parenting, the IRS will now […]
The Andorra government has introduced Capital Gains Tax in a move that has surprised many in the tax industry.
Andorra is a well known European tax haven, and residents benefit from a zero rated income tax and inheritance tax.
The reason for the introduction of the capital gains tax according to the Andorra authorities is to try […]
Banking privacy and no income tax are hallmarks of Monaco, the world’s best known tax haven, but in a move that has surprised many Monaco has collated and published her first ever GDP figures.
But far from moving away from her tax haven status that attracts millionaires and billionaires to live in the principality, a travel […]
Just because you work at home does not mean you are not subject to the same taxes as any other business venture. The difference is that because you do work at home, its much easier to hide the income than that of a brick and mortar business. On the other hand, the time will come […]
After two decades of growing visitor numbers, Andorra has been increasing her visitor numbers to over ten million a year for ski holidays and happily investing for the future to ensure she remains as one of Europe’s top ski destinations but that came to a screeching halt earlier this year when the one thing a […]
If you sell on eBay, or if you have an online business, listen up. There are several tax issues in the news right now that could have a huge impact on the way you do business.
The first issue, and the one that is getting the most attention, is Congress’s push to get the IRS […]
Demand for residency in the European tax haven of Andorra has increased significantly in recent years, as rival tax haven Monaco has seen her property prices rise significantly.
And while property prices in Andorra have increased significantly as well, particularly in the last three years, it started from a much lower base than Monaco, and a […]
If you own property or assets of substantial value and have not yet thought about estate planning, it is time to start doing your calculations in order to put a plan in place. If you die having property, the state levies tax on your estate. As of 2007, property worth two million or above is […]
The reason for making an estate plan is to ensure that all your assets are handled in accordance with your intentions after your demise. The plan consists of creating a host of legal documents which may include deeds of trusts, a will and other legal instruments. You may want to purchase various types of insurance […]
If you die owning property, whether substantial or not, the property has to go to someone after your death. You can make your estate plans and make a will specifying whom you want your assets to go to, which may include one or more persons. You can provide details about exactly how you want your […]
