Recent content by mctrader

Director should be fine, but if you are doing actual work/services in MC and they somehow find out.. then yes, they could claim you are working in MC. No inheritance tax in MC, but you should be resident there in the flat you buy when you pass and your heirs should also live in a country that...

I sold my business so my primary CFC/no-tax reason went away. I turned to investing so didn't have a guaranteed income anymore yearly that I could justify saving tax on. Secondary reason I got sick of pouring money down the rental toilet for a 25m2 "apartment" constantly being jerked around by...

Lived there for half a decade. AMA...

Move to Cyprus.

For Switzerland don't forget to consider: * wealth tax on all worldwide assets * if you buy a place instead of renting, tax on the inputed deemed rental income of what your home would rent out for... added to your tax base * very good but very expensive health care insurance and costs

Interesting and scary. Isn't there a EU directive (ATAD II?) that requires exit taxation by an EU member state for natural persons that hold more than 10% interest in private companies and more than 1% in public? Denmark has a different approach and does a yearly deemed disposition of...

In stepping up of the cost basis aka acquisition cost of an asset means, for capital gains purposes, the asset's purchase price is valued on the day of a particular action such as moving to the country rather than the true price at the time of the asset purchase in the past. I would like to know...