Monaco and Dubai signed a bilateral tax treaty on the 13rd November 2021, during the Monaco day of the universal exhibition currently held in Dubai.
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We are very close now to the end of the year. It is worth considering what would be your wealth tax position in France at the 1st January 2022 and if any planning should be done before the end of the year.
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French moving to Monaco are taxable to French social contributions (prélèvements sociaux) on their French income only when they are French tax resident.
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The administrative supreme Court rules about a so called “convention de portage” and it impacts it could have on a share transfer tax control and on the qualification of an “occult distribution”.
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On November 9, 2021, France and Belgium signed a new income tax convention which will replace the convention of March 10, 1964 at the end of the legislative ratification process in each of the states.
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After Brazil, Argentina and Uruguay, Paraguay has become a target country for the development of our activities, for private clients with interests in these countries and internationally.
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Regularly for 9 years, I provide training to the brilliant students at the ESCP Business School in the Executive Specialised Master in International Wealth Management. The ESCP Business School is focus on Excellence and ranked #8 in Europe.
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