International Tax Changes Impacting Family Offices and Trusts

Time is of the essence for family offices and family trusts to prepare for what may lie ahead as the international tax landscape begins to change with new rules about to be implemented across the world.

In the wake of the 2008 financial crisis, the OECD (under the guidance of the G-20) initiated a project to combat aggressive tax planning among multinational groups that were using the differences in tax laws in various judications in which they were operating to reduce their overall global tax rate. Following the release of the final reports on the BEPS (Base Erosion and Profit ...