Although family offices are usually operated for the benefit of the family, they require funding in order to pay salaries and other overheads.
This funding requires careful consideration to avoid any adverse tax consequences.
In a recent Tax Journal article, our Partner, Robert Langston takes a deep dive into the potential tax issues a family office may face, from VAT and benefits in kind to taxable remittances for non-domiciled families.
If you’d like to discuss any of the issues raised in this article, please get in touch.
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Robert Langston
Partner, London
Key experience
Robert specialises in advising individuals and companies on cross border tax issues, including tax efficient trust and holding company structures.
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