Knowledge Base
International tax planning, estate and inheritance tax, real estate taxation, and trust tax structures for complex wealth situations that cross borders and generations.
46 articles in this category — page 2 of 4
Israel's capital gains tax system looks straightforward on paper: 25% for individuals, 30% for substantial shareholders. In practice, a 3% surtax on high earners, a separate real estate regime, and an aging U.S. treaty full of planning gaps mean your effective rate can land well above the headline f
Each tenant in common pays capital gains tax on their proportionate share of the gain, calculated independently, reported on their own return. That individual treatment creates real planning opportunities, but it also means your co-owner's tax situation is completely irrelevant to yours. For high-ne
The Cayman Islands imposes zero capital gains tax. No income tax, no corporate tax, no inheritance tax. For non-US investors who can genuinely establish residency there, that zero is real and material. For US citizens, it is largely irrelevant, and that distinction is the most important thing this
Most buyers closing on a $5M Manhattan apartment assume the mansion tax works like a property tax: painful, but at least partially deductible. It doesn't. The IRS treats most mansion taxes as transfer taxes, which means they get capitalized into your cost basis under IRC Section 1012, not deducted i
Sell a $3M investment property in California without planning, and you could write a check to the government for over $900,000. That's not a hypothetical scare tactic. It's the math when you stack a 20% federal long-term rate, 3.8% Net Investment Income Tax, 25% depreciation recapture, and Californi
International tax planning in Singapore starts with a 17% headline corporate rate, zero capital gains tax, no inheritance tax, and a network of over 90 double taxation agreements. For non-US passport holders especially, the structure is genuinely compelling. But the gap between the rate sheet and a
Italy's inheritance tax is, by international standards, remarkably light. The Agenzia delle Entrate applies rates of 4%, 6%, or 8% depending on your relationship to the deceased, with a €1 million per-heir exemption for spouses and direct descendants. For a reader with a €10 million Italian property
Most of your monthly co-op maintenance fee is not deductible. The portion that is comes down to two pass-through items: your allocable share of the building's real estate taxes and your allocable share of the underlying mortgage interest. Under IRC Section 216, those two components qualify for itemi
Yes. If you own UK property or land as a non-resident, HMRC will tax your gains. UK capital gains tax for non-residents applies to residential property since April 2015, commercial property and indirect disposals since April 2019, and the rules have tightened every year since. Understanding exactly
California residents who inherit assets from abroad owe no state inheritance tax and typically no federal income tax on the inheritance itself. That sounds clean. It isn't. The real exposure on foreign inheritance tax in California comes from federal reporting obligations, ongoing income taxation of
Real estate commissions and tax deductions follow a specific mechanic that most sellers misunderstand: commissions don't create a direct deduction. They reduce your "amount realized" on the sale, which shrinks your taxable gain. For sellers in high-cost markets with appreciation well above the §121
Norway's capital gains tax rate is 22% flat for both individuals and corporations. That headline number is accurate and also incomplete. For share investors, the shareholder model (aksjonærmodellen) applies an upward adjustment factor of 1.72 to gains above the shield deduction, pushing the effectiv