Blevins Franks
EU probe into Spanish expat fines delayed – Blevins Franks
An EU investigation into a Spanish law, which requires every expat to declare all their foreign assets worth over €50,000 (£39,353, $56,762) or face heavy fines, may drag on for years, European advisory firm Blevins Franks has revealed.
UK expats must review wills ahead of EU succession rules
UK residents with assets in Europe could become liable for a heavy tax bill on their death as a result of changes in EU cross-border succession rules due to become effective next week.
Canary Islands Gov’t reduces succession and gift tax by 99%
The Canary Islands has announced that tax on successions and gifts to children and spouses will be reduced by 99%, a measure which is likely to save taxpayers on the island around €30m next year.
Portugal-based UK expats miss vital tax change
Many UK expats based in Portugal have retained their trusts, even though the Government introduced a tax of 28% on trust distributions from 1 January 2015.
Forth Capital unveils expat tax service
Geneva-headquartered financial advisory group Forth Capital has launched an international tax service in London after recruiting former long-standing head of tax at Blevins Franks, Nicole Booth, to lead it.