Home | Offshore Companies | Offshore Banking | Offshore Trusts | Introducers | | Search

offshore companies and banking graphic


	Download Centre Jurisdiction Centre Brochures View GTA Trailer View GTA Adverts Audio Introduction Group Addresses Compare Jurisdictions Case Studies Daily Tax News Monthly Newsletter Weekly China News Ordering our Services Fee Schedule Currency Converter Quotations Ready-Made Companies Tax Treaties Jurisdiction Laws



Trust Case Studies



Pre migration planning

Mr. Abdullah, an executive working for a big oil company in Kuwait and also resident in Kuwait (0% income tax) is sent by his employer to Germany to become the CEO European operations of his company. It is expected that he will stay in Germany for a long period of time (at least 8 - 10 years) and he will take his family with him to Germany. Mr. Abdullah is concerned about the high personal income tax rates in Germany (up to 48.5%). He wonders whether his exposure to German tax can be mitigated as a result of pre-migration tax planning. Suggested solution: Mr. Abdullah might consider the transfer of funds and other property owned by him to a trust established by him prior to moving to Germany. The trust will then administer the property for beneficiaries as determined by Mr. Abdullah. From a point of view of German tax law, Mr. Abdullah himself should not be one of the beneficiaries, at least not as long as he is a tax resident of Germany. The same is true for the other beneficiaries.

Print Page | Email Page



		QUICK ANSWERS



		PRICES AND FEES



		QUOTATIONS



		NEED ADVICE?


	Jurisdiction Info »


	GTA Newsletter For the latest tax management news subscribe here.



		OFFICE LOCATOR



		MAKE CONTACT



		CALL BACK



		HOW TO PROCEED



		STOCK LIST



		ORDER NOW



	Terms & Conditions \| Legal Warnings \| Licensing \| Privacy Policy © GTA Worldwide 2008 - 2009