Offering Advice from an International Perspective
Lea & White’s clients are of many different nationalities, and they live, work and invest in many different jurisdictions world-wide.
They seek advice on how to legally minimise taxation for themselves and for their businesses, and how best to make and structure the holding of their active and passive investments. They frequently need an experienced overview of the relative merits of different jurisdictions and their options for investment and living.
With the help of our professional collaborators we provide in-depth advice on personal and corporate taxation matters with international and comparative focus. In addition we can orchestrate the tax planning of the personal and commercial affairs of our clients regionally and world-wide.
We also offer special and innovative structures to assist with particular jurisdictions. This will include special types of trust which are tax efficient for such jurisdictions.
International Comparative Advantages
It is inherent in the nature of business activities and family ties in Asia that cross-border investment or trade is a natural part of life.
Such activities can give rise to complex tax and structural issues, however, and at Lea & White we are well versed in the techniques of international tax planning and investment structuring.
For instance, Double Taxation Agreements between countries seeking to facilitate trade activities for their nationals and corporations can afford many opportunities for intelligent structuring of client’s affairs in order to reduce the overall tax burdens on trade or investment. Many such international agreements are based on standardised international templates, but local variations or practices can give rise to imbalances or differences of interpretation which may be used to advantage.
Similarly, for private clients, different arrangements can have a deep impact on the tax treatment of assets in different countries. Advice may be needed on issues such as nationality, domicile and tax residence considerations which can be far from straightforward.
It should be pointed out that sometimes huge theoretical savings can be achieved but only through completely unrealistic and un-commercial structures. Such structures may be illegal. Even if not so, they are rarely in the long term interest of the client and at Lea & White we differentiate ourselves by striving to give practical and useable tax and structuring advice as well as a workable and comprehensible structure which will both stand the test of time and retain the flexibility to adjust to changing circumstances wherever possible. We only advise on structures which strictly meet all legal requirements.