British Virgin Islands
In the wake of the economic downturn resulting from the global pandemic, a significant increase in fraud cases can unfortunately be expected.
Devry Smith Frank LLP
An estate freeze fixes the value of the asset that is frozen, such as shares of a corporation, in the hands of the owner until the time of death, allowing the freezor to calculate the expected tax liability that arises on death.
Minden Gross LLP
With endless riches at their fingertips and assets that will often continue to generate significant wealth after death, millionaires and billionaires have access to some of...
O'Sullivan Estate Lawyers LLP
In my prior blog of March 3, 2020, "Inheritance Tax, Wealth Tax and More Capital Gains Tax: The Future of Canadian Taxation", I raised the issue of whether new forms of tax might be introduced on the Canadian scene, including an inheritance tax or an annual wealth tax.
Norton Rose Fulbright Canada LLP
In a previous post, we discussed the new standard of appellate review of tribunal decisions described in Canada (Minister of Citizenship and Immigration) v. Vavilov, ...
Borden Ladner Gervais LLP
On October 14, 2020, Toronto-based FinTech startup Wealthsimple announced that it had raised C$114 million in equity financing. Following the raise, Wealthsimple claims it has reached a unicorn valuation of C$1.4 billion.
The day when you achieve complete financial freedom may come years before you decide to retire. In fact, highly motivated people who enjoy the challenges and rewards...
O'Sullivan Estate Lawyers LLP
A few weeks ago, Google reported an increase in the number of searches on how to apply for Canadian residency and citizenship.
In Stenzler v TD Asset Management Inc., the Ontario Divisional Court recently denied an appeal by TD Asset Management Inc. from a decision certifying the Plaintiff's action to recover trailing commissions ...
Cayman, historically known in the Middle East as a private banking and corporate jurisdiction, has transitioned over the years to being recognised as a preeminent private client jurisdiction.
The Cayman Islands comprise three islands: Grand Cayman, Cayman Brac and Little Cayman. They are located in the Western Caribbean Sea, approximately 500 miles south of Miami, Florida.
Ropes & Gray LLP
In a keenly anticipated development the Cayman Islands was removed from the EU list of non-cooperative tax jurisdictions (the "EU blacklist") on 6 October 2020 after adopting reforms relating to...
Guernsey's Guernsey Private Wealth Forum, held online on 14 October, looks at the challenges of 2020 and how the family office sector is responding. Alasdair McLaren...
Uncertain times produce challenges for wealth managers and structures, and the last few months have presented both issues and opportunities for Family Offices.
Family offices managing the affairs of high-net-worth families have become increasingly important to the financial services industry in Hong Kong and most other major financial centres.
This article answers some of the most common questions and addresses some of the most common concerns which firms applying
The Inland Revenue Department ("IRD") however, has traditionally viewed carried interest as an incentive reward which supplements management fees for the provision of management services.
Hedge fund managers, private equity sponsors and other asset managers as well as brokers, dealers, wealth managers and other providers of investment services and investment products are often keen...
SSEK Indonesian Legal Consultants
(13 November 2020) Indonesia's closely watched omnibus jobs creation bill recently became law. The stated aim of Law No. 11 Year 2020 on Jobs Creation (the "Omnibus Law")