Lowtax Contributed Articles

Lowtax Contributed Articles

  1. The UK and Ireland are key jurisdictions in the development of the digital currency sector. TBA presence both in Dublin and London combined with the team's cryptocurrency and blockchain experience, uniquely positions us to...
  2. A well-known figure in private offshore banking shares his views on the potential impact of coronavirus on the global banking system as well as...
  3. Clear evidence emerged of radical shifts in financial markets, much of it attributed to the ongoing Coronavirus pandemic. Luigi Wewege, the SVP and Head of Private Banking at Caye International Bank in Belize weighed in on the topic on some insights as to how investors worldwide responded and...
  4. The Forex market is the largest financial market in the world. More than USD 4.5 trillion is traded over the world. Due to this massive transaction, the market is extremely volatile. By using...
  5. If you have checking, demand deposit, or investment accounts based with an offshore financial institution, there's a good chance that you will need to file what's known as a Foreign Bank Account Report. Popularly referred to as an FBAR, this report is...
  6. Business in China is still on the optimistic side despite recession in global economy. In order to cope with the changing world, entrepreneurs must adapt by increasing the skills of their labour, adjust their business strategy etc. Chinese government is also putting every effort to...
  7. Under IFRS 16 'Leases', the lessee capitalises lease transactions as a right-of-use asset and a corresponding lease liability, unless the transactions relate to short term leases or low value leases, in which case the...
  8. There's a reason why about 40% of the world's offshore companies are registered in the British Virgin Islands. It isn't only because the BVI is a nice place to visit, but because it's...
  9. Creating a viable financial plan involves more than coming up with a set of goals and opening a couple of accounts at the local bank or brokerage. In order to leverage your assets and help them...
  10. Whilst recently negotiating a time to pay arrangement for a client with temporary cash-flow difficulties, due to recent growth of the business, we discovered that HMRC are able in the following circumstances to ignore the incomplete payment of the next...