Recent content by 22Law

Well played on the update. Somehow it feels a little more mature - in a good way.

This is really a country-by-country proposition as each country has its own tax laws. So I would suggest you consider your obligations in each of the countries you mentioned. Firstly, in your country of citizenship (Czech), what does the law say about your obligation to file a tax...

It's nothing personal from the banks, but you need to remember that banking is a risk management game. It is profitable, but you need a licence from a regulator to play. Regulators put obligations on licence holders so that the government's policies and the laws are enforced. If they don't...

Different countries have different ways of levying taxation, but there are a few fundamental principles. Usually residents pay tax on their income, and often that includes both onshore and offshore income. Some countries also tax their citizens regardless of residence. I'm not sure what the...

Thank you, sir. Banking is highly regulated, so working on the legal side, there is plenty of focus on compliance (including privacy and AML obligations) and particularly on risk. I see plenty of waste by inefficiency, but usually because one part is unaware of how other parts operate. Most of...

:) Touché

Thanks JD. I don't want to fingerprint myself too much, so I will say that one is the United States, and leave it at that.

Hi. I have found myself referring to this site over the years, and it is now time to join the honored few. I have over 20 years in the practice of law - about half each in two countries (one in each hemisphere). Currently I work in house at a major bank, but I will be making a change in the...