Welcome to the September issue of our International Client newsletter.
Our first article, contributed by Clifton Larson Allen LLP, a Nexia International member firm, considers the US Supreme Court’s decision in South Dakota v Wayfair, and what this will mean for UK-based businesses selling goods to customers in the US.
The tax landscape for non-residents investing in UK land and property seems to be ever-changing, and our second article looks at the impact of the most recent changes, which came into effect from April 2019.
Both trusts and foundations are widely used as asset holding vehicles, but there are some differences between them. We consider why readers might pick one or the other when looking for succession, wealth planning and philanthropic solutions.
We address some of the key questions for readers who have received letters from HM Revenue & Customs in respect of overseas accounts.
Finally, our news in brief rounds-up some of the latest changes affecting our international clients in the UK and beyond.
As ever, I hope that you find the articles in this newsletter both interesting and informative. Do please let me know if you would like to discuss any of the issues raised here.
Ben Melling, Editor