To
receive our free monthly network newsletter enter your
email address below:
ADVERTISE!
Our sites have more than 200,000 highly targeted visitors
every month. With cost-effective marketing solutions to suit
any budget, we feel confident that we can deliver the results
you need.
>
Information provided on this site is for general guidance only and
is often simplified. Actual IRS procedures are complex, and taxpayers
should obtain professional assistance or use IRS sources for complete
information.
US
Double Tax Treaties Under
these treaties, residents of foreign countries are
taxed at a reduced rate or are exempt from income
taxes on certain items of income they receive from
sources within the United States, and vice versa.
Table
Of Tax Treaties A listing
of the 54 countries with which the US has double
tax treaties.
Tax
Information Exchange Agreements Many
offshore jurisdictions don't want to or are not
eligible to enter fully-fledged double tax treaties
with their major trading partners.
Transfer
Pricing Most double
tax benefits are linked to acceptable transfer pricing;
few international transactions can now ignore it.
Tax Information
Exchange Agreements
Many offshore jurisdictions don't want to or are not
eligible to enter fully-fledged double tax treaties
with their major trading partners. In these cases, the
United States (along with other members of the OECD)
has been following a policy of entering more limited
agreements known as Tax Information Exchange Agreements
(TIEA).
Such
agreements typically provide for exchange of information
about the beneficial ownership of companies or trusts
based upon a formal request being received by the competent
authority in the signatory nations. Normally a request
must be made on an individual case basis - 'fishing'
trips are not allowed - and the subject of the request
must be under investigation in the requesting jurisdiction.
The requesting country must also have pursued 'all means
available' within its own area of jurisdiction, and
strict confidentiality provisions are contained within
the TIEAs to ensure that information is not passed on
to third parties. At least, so it is claimed.
Following
the G20's issuance of 'white', 'grey' and 'black' lists
of jurisdictions in April, 2009, many countries rushed
to sign TIEAs with the US. Among them were Gibraltar,
Liechtenstein, Brazil, the Isle of Man, Aruba and the
Bahamas.
US
Double Tax Treaties Under
these treaties, residents of foreign countries are
taxed at a reduced rate or are exempt from income
taxes on certain items of income they receive from
sources within the United States, and vice versa.
Table
Of Tax Treaties A listing
of the 54 countries with which the US has double
tax treaties.
Tax
Information Exchange Agreements Many
offshore jurisdictions don't want to or are not
eligible to enter fully-fledged double tax treaties
with their major trading partners.
Transfer
Pricing Most double
tax benefits are linked to acceptable transfer pricing;
few international transactions can now ignore it.
One of the web's
largest and most authoritative business and investment information
sources. Alongside topical, daily news on worldwide
tax developments, you can receive weekly newswires or
access up-to-date intelligence
reports on a range of legal, tax and investment subjects.
Our 16 constantly
updated intelligence reports cover every important aspect
of 'offshore' and international tax-planning in depth, including
banking secrecy, the EU's savings tax directive, offshore
funds, e-commerce, offshore gaming and transfer pricing. Reports
are available for immediate downloading or as subscription
services with news pages.
New On The Network Today
This feed is published daily with selected new or updated
content from across our network. For a list of network sites, many of
which feature daily news, see below.
Providing essential tax news and information for globally
mobile artists, contractors, entrepreneurs, professionals, small businesses,
sportspersons and entertainers.
Lowtax Network Sites
Lowtax Network Portal:
'Low-tax' business and investment in the top 50 jurisdictions covered in
exceptional detail.
Tax News: Global
tax news, continuously updated through the day.
Law & Tax
News: Daily news and background data on tax and legal developments
for international business.
Offshore-e-com:
A topical guide to offshore e-commerce focused on tax and regulation.
Lowtax Library:
One of the web's largest and most authoritative business and investment
information sources.
US Tax Network:
The resource for free online US taxation information, covering: corporate
tax, individual tax, international tax, expatriates, sales and e-commerce
tax, investment tax.
NEW! Personal
Business Tax Guide: Providing essential tax news and information
on business for contractors, entrepreneurs, professionals, small businesses,
artists, sportspersons and entertainers.
IMPORTANT NOTICE:
THE LOWTAX NETWORK has taken reasonable care in sourcing and presenting
the information contained on this site, but accepts no responsibility
for any financial or other loss or damage that may result from its use.
In particular, users of the site are advised to take appropriate professional
advice before committing themselves to involvement in offshore jurisdictions,
offshore trusts or offshore investments. All materials on this site copyright
The Lowtax Network 1999 - 2010.
All content on this
site has been provided by BSIRN.