Offshore Tax Services Flashcards
1
Q
Outline tax planning services
A
Involves avoidance of tax risks while benefitting from legal opportunities to minimise tax liabilities
Tax planning firms - expertise offshore/ onshore
Actives;
- advising on initial structure of funds/ management on tax residency issues
- advise tax legislation
- guidance on tax efficient investments
- handling tax compliance obligations
- prep tax report
2
Q
Outline tax compliance services
A
Prep of tax returns
Provision of info to relevant tax authorities
