KCG 揆创国际 - KC Global 揆创国际 (Page 16)

Panama approves a tax bill on cryptos

National Assembly of Panama approved a bill 697 ("Crypto Law") with 38 votes in favor and none against on 28 April 2022 to regulate cryptocurrencies in the country. Crypto Law enables the canal country compatible with the digital economy, the blockchain and Cryptopians. Crypto Law contains provisions on

Cryptos 加密资产

Crypto is proposed to be subject to Net Wealth Tax in Spain

In the fifth section of the White Book for the Spanish tax reform in April 2022, the tax committee appointed to review the Spanish tax system proposes to extend the scope of the net wealth tax to crypto assets, which will also be introduced with specific valuation rules, either the

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International Tax 国际税法

CRS 2.0: Key Revisions

On March 22, 2022, the Organisation for Economic Co-operation and Development (OECD) released a Public Consultation Document addressing two major topics: 1. Introducing a new global tax transparency framework to enable the reporting and exchange of information on crypto-assets. 2. Revising the Common Reporting Standard (CRS). For a detailed discussion

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International Tax 国际税法

CRS 2.0：新修订的内容

2022年3月22日，经合组织（OECD）发布了公众咨询文件（Public Consultation Document），咨询文件有两个主题： * 引进新的全球税收透明度框架，实现加密资产（Crypto-Assets）的报告及信息交换 * 修订共同汇报准则（Common Reporting Standard，简称CRS）关于第一个主题，读者可以阅读《Tax authorities are looking for your cryptos》这一篇文章。我们这篇文章只讨论第二个主题，也就是让高净值头疼的CRS要修订了！ CRS目前的规则在2014年第一次制定，距今已经8年了，OECD认为是时候修订并提出了不少的修改建议。它将这些建议公布并收集公众意见至2022年5月底，然后就将相关提案在2022年10月的G20印尼峰会中进行批复。我们一起看看OECD提出了什么重大的CRS修改意见吧。

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Crypto Tax Health Check

We believe your Crypto Tax should perform a regular health check like your body. You may think that we are kidding, but we are very serious in this. We worked with a number of Cryptopians and their tax "health" was poor and immediate "cure" was necessary.

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Tax Haven for Cryptopians

You don't want to pay taxes on your cryptos income and profits. Storing the coins in cold wallets or hiding identity from exchanges are not tax planning, they are tax evasion. In the future when the tax authorities come after you and discover these wallets and transactions, you

Jurisdictional Tax 国家及地区税法

How staking is taxed

Ethereum, Cardano and Polygon are some of the popular staking coins in the market. Staking can allow you to earn extra coins on your digital assets without lending to third parties like non-staking coins such as Bitcoins. This is a pretty much risk free reward as you have full ownership

CARF 加密资产报告框架

Tax authorities are looking for your cryptos

8 years after tax authorities started to look for your financial assets through Common Reporting Standards ("CRS"), they now have a new target - your cryptos on hand. Organisation for Economic Co-operation and Development ("OECD") released a public consultation document [https://www.oecd.org/tax/exchange-of-tax-information/

Marzen’s Related-Party Service Fee Tax Avoidance Strategy

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Tax Cases 案例

Marzen’s Related-Party Service Fee Tax Avoidance Strategy

Every Chinese business dreams of tax avoidance: set up a subsidiary in a tax haven (or low-tax jurisdiction), such as the British Virgin Islands (BVI) or the Cayman Islands, and arrange for a Chinese company to pay service fees to this subsidiary. If the service fees are deductible for the

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Tax Cases 案例

马尔真的关联方服务避税策略

中国企业都有一个避税梦：企业下设一个避税地（或低税地）子公司，比如BVI或开曼，然后安排一家中国企业向这家子公司支付服务费。只要实现前者抵税，后者免税，那么就可以实现节税。例如，中国企业向子公司支付1000万服务费，那么前者可抵税250万，后者无税，那么整体就可以节税250万，实现轻松避税了。当然，如果这么简单就可以避税，那么国际税专家们早就没饭吃了。虽然大部分人知道做不了，但是不知道为什么做不了。而且，如果可以做的话，服务费的规模边界在哪儿？我们这一篇文章以一个加拿大的案例 Marzen Artistic Aluminum v Her Majesty the Queen（马尔真公司 v 英女皇）进行说明。

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Jurisdictional Tax 国家及地区税法

Irish Tax Law

In this article, we will introduce several key aspects of Irish tax law, including: * The four categories of personal tax residency * Taxable scope and exemptions for individuals * Personal tax liabilities * Inheritance and gift tax

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Jurisdictional Tax 国家及地区税法

爱尔兰税法

我们在这一篇文章中主要介绍爱尔兰税法的几个主要方面，包括： * 四类个人税务身份 * 个人的征税范围及免税优惠 * 个人税负情况 * 遗产及赠与税

Further Clarifications on Calculating GloBE Income

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International Tax 国际税法

Further Clarifications on Calculating GloBE Income

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International Tax 国际税法

计算GloBE Income的进一步说明

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International Tax 国际税法

BEPS 2.0 Global Minimum Tax Planning

While BEPS 2.0 Pillar Two mandates that multinational enterprises (MNEs) pay a minimum global tax of 15% in every jurisdiction, this doesn’t mean there’s no room for tax planning.

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International Tax 国际税法

BEPS 2.0 全球最低税筹划

虽然BEPS 2.0支柱二规定跨国企业在每一个国家/地区需缴纳最少15%的全球最低税，但是不代表没有任何筹划空间。

How Assets Are Hidden and How They Are Discovered

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Tax Basics 入门

How Assets Are Hidden and How They Are Discovered

We’ve emphasized multiple times the distinction between tax evasion and tax avoidance: the former is illegal, while the latter is not. Many people believe that hiding assets, such as through secretive offshore companies in tax havens or by holding assets in trusts, falls under tax avoidance. Unfortunately, this is

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Tax Basics 入门

资产如何隐藏又如何被发现

我们曾经多次强调偷税及避税的区别，前者违法，后者不违法。很多人以为将资产隐藏起来是属于后者，比如以隐秘性高的避税天堂企业或以信托持有资产。很遗憾的是，这属于偷税，是不合法的。要判定资产隐藏是否属于避税很简单：如果将这些资产及收入向税务局披露也不会出现欠税，那这就是避税，否则就是偷税。不过，合法避税难，隐藏资产容易，因此后者受到高净值人士的欢迎。在世界税收越来越透明的趋势下，结合成熟及普及的大数据及人工智能技术，隐藏资产只会越来越困难，风险只会越来越高。比如，自从俄罗斯对乌克兰发动行动以来，欧美国家一直追踪前者高层及寡头在国外隐藏的资产，实行“应充（公）即充”。我们在这一篇文章将会分享高净值人士一般如何隐藏资产，监管机构又如何发现它们。

International Tax Risks in Cross-Border E-Commerce: A Comprehensive Analysis

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International Tax Risks in Cross-Border E-Commerce: A Comprehensive Analysis

The rapid expansion of cross-border e-commerce, particularly during the pandemic, has enabled Chinese businesses to market high-quality, cost-effective products globally. While smaller e-commerce operations may fly under the tax authorities' radar, scaling businesses face increasing scrutiny of their non-compliant business structures, financial arrangements, and tax planning strategies. These issues

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跨境电商的三大国际税风险

近年，跨境电商发展非常迅速，尤其是疫情下出口电商将我国质量高成本低的各种货品卖给全世界。当电商规模还小，几乎感觉不了国际税的问题及风险，毕竟企业规模小，潜在税费少，各国税务局自然也不会浪费资源盯上这些企业。但是，当电商的规模越来越大，过去不合规的业务、资金及税务安排就可能会被很多国家挖掘出来，成为电商取得外部融资甚至上市的重大障碍。我们识别到跨境电商的三大国际税风险，并建议在跨境电商发展迅速的同时应审视目前业务的国际税风险，确保企业行稳致远。

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International Tax 国际税法

ATAD 3: The Shell Company Directive

On December 22, 2021, the European Union released a new Anti-Tax Avoidance Directive (ATAD). As this is the EU's third ATAD, industry insiders refer to it as ATAD 3. Titled "Laying down rules to prevent the misuse of shell entities for tax purposes," this directive once

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International Tax 国际税法

ATAD 3 反空壳公司指令

2021年12月22日，欧盟发布了新的反避税指令（Anti-Tax Avoidance Directive，简称ATAD）。由于这是欧盟发布的第三份ATAD，因此行内将这份指令称为ATAD 3。ATAD 3的标题是：《制定规则以防止因税务目的而滥用空壳公司》（Laying down rules to prevent the misuse of shell entities for tax purposes），再一次对空壳公司宣战。欧盟是全球反避税的先锋队，经合组织成功推动全球反避税的BEPS行动计划的背后都离不开欧盟坚实的支持。BEPS一共推动15个行动计划，很多国家只选择性实施其中一些行动，但欧盟却不留余地选择全部实施。 2019年，在欧盟黑名单的压力下，BVI、开曼等避税地根据BEPS第5个行动计划（Action 5）实施经济实质性法（Economic Substance Act），导致避税地的大量空壳公司要么清算、要么迁移至非避税地，要么建立经济实质性。不过，避税地空壳公司并没有因为经济实质性法而彻底消亡，因为： * 避税地公司只持有其他企业的股权，那么作为纯控股公司（Pu

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Tax Cases 案例

Singtel’s Tax Planning in Australia

In December 2021, the Federal Court of Australia issued its ruling on the five-year tax dispute between Singtel’s Australian subsidiary, Singapore Telecom Australia Investments Pty Ltd (STAI), and the Australian Taxation Office (ATO). The court ruled against Singtel, ordering it to pay approximately AUD 300 million (equivalent to RMB

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Tax Cases 案例

新加坡电信在澳大利亚的税务筹划

澳洲联邦法院对新加坡电信澳大利亚子公司（Singapore Telecom Australia Investments Pty Ltd，简称STAI）与澳大利亚税务局（Australian Taxation Office，简称ATO）长达5年的税务争议在2021年12月出具了判决结果。新加坡电信被判败诉，需要补税、滞纳金及罚款共约3亿澳币（折合人民币14亿）。新加坡电信在判决后28天内可以上诉，不过它目前没有任何公告，预计已经放弃上诉。那么，新加坡电信及ATO长达5年的税务争议究竟是什么呢？主要就是ATO认为新加坡电信的关联方贷款利率不符合转移定价规定。具体而言，ATO指控新加坡电信以高于市场利率的关联方贷款将大量利润从澳大利亚转移至新加坡，人为降低STAI的应纳税所得。转移定价属于国际税最重要但最复杂的领域。说最重要，是因为转移定价（争取）确保交易价格的公平性（Arm's length），也就确保各国之间可征税利润能够客观反映价值创造因素，才能有效维护各国的征税权。说最复杂，是因为定价因素太多太多了，根本无法根据客观判定关联方交易价格的公平性。别说是要确定具体一个价格了，连价

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International Tax 国际税法

EU Personal Tax Incentives

The EU Tax Observatory published "New Forms of Tax Competition in the European Union: An Empirical Investigation" in November 2021. Figure 2 on page 11 shows statistics on EU personal tax incentives. The graph indicates a steady increase in personal tax incentives offered by EU countries, rising from