Andrea S. Kramer
Introduction to US Taxation of NFTs
Despite Non Fungible Token (NFT) sales hitting nearly US$21 billion by the end of 2021, making NFTs almost as valuable as the global art market, they are currently completely ignored by the US Internal Revenue Service (IRS) in the agency’s pronouncements on the taxation of cryptocurrencies. Read more.
UK VAT and Withholding Tax Considerations for Impact Bond Structures
Designing the tax structure early on in the process of developing “pay for performance” cross border funding mechanisms is as important as designing clear impact metrics. Read more.
Dr. Gero Burwitz
German Tax Aspects of Cross-Border Remote Working
Dr. Isabella Denninger
| James Ross, Paul McGrath, Jilali Maazouz, Abdel Abdellah, Romain Desmonts
As a result of the COVID-19 pandemic, remote working became a necessity. Despite the easing of lockdowns, the trend is likely to stay, particularly with “workations” being actively promoted by the travel industry, but there are considerable tax consequences for international employers. Read more.
Brian H. Jenn
New US Treasury Regulations Deny Foreign Tax Credits for Previously Creditable Foreign Taxes
New regulations adopt a new “attribution requirement” that restricts the availability of foreign tax credits (FTCs) to foreign taxes that the US Treasury and Internal Revenue Service (IRS) consider to be similar to US taxes. Read more.
Relaunching the United Kingdom as the European Centre of Alternative Asset Management
In an attempt to claw back some of the business lost as a result of Brexit, the UK Government has launched a version of the “asset holding companies” (AHCs) that made Luxembourg and Ireland such attractive destinations. Read more.
Trustees and the Need for Reviews
A recent case illustrates the importance of regular trust reviews. Read more.