There are a number of complex anti avoidance rules that can apply where offshore, non-resident companies are used for UK tax planning.
In this book we look at 15 of the main ways that offshore companies can still be used for UK tax planning purposes. We look at how the anti avoidance rules apply in various scenarios and assess how these will impact on the UK tax treatment.
Key issues include:
Avoiding Inheritance tax for Non UK domiciliaries
Offshore Joint Ventures
When there are good business/commercial reasons for offshore company
Creating an income tax shelter where you and your spouse are excluded from benefitting
Holding overseas property using an offshore investment company
Non resident individuals running trading companies
Taking advantage of double tax treaties to reduce withholding taxes (eg Offshore licence/patent companies)
Avoiding CGT with a company in a treaty country
Reducing capital gains tax with offshore holding companies
Non UK domiciliaries with income and gains retained abroad
Using an offshore company where you are planning to be non resident in the future
UK trading companies looking to expand overseas
Using offshore companies where genuine intercompany services are provided overseas
How to use multiple shareholders to create a tax efficient structure
Using an offshore trust & company combination tax efficiently