Generally, income as a result of personal injury is not taxable, depending on the specific type of award. However, some areas are taxed as income. For this reason, and the fact that there is a certain amount of gray area when settlements are not categorized into specific taxable groups, many settlements are set up in … Read more
Section 1031 of the Internal Revenue Code (IRC) defines the 1031 exchange. 1031 exchange also known as Like kind exchange specifies that if an asset that is most often a land or a building, is sold and the proceeds of the sale are then reinvested in a similar type of asset then there is no … Read more
Owning Property and Securing Real Estate Investments in Thailand Methods As developers, and developments vary, so typically the legal structures they use to sell real estate to foreigners also varies. This can lead to confusion between what is the specific law in Thailand relating to real esate and how ‘practice and implementation’ can be different. … Read more
It has been often touted that QNUPS is one of the best tax saving overseas pension schemes for systematic investment. But, what are the tax privileges that one gets from it. The reason for the launch of QNUPS in February 2010 is due to failure of the taxman in the previous legislation, QROPS, which failed … Read more
Connaught Asset Management (CAM), supported by fund administrators Capita Financial Group (CFG), is launching their Series 3 fund today. CAM has been specifically created with a team of specialist investment professionals to construct strategic land funds. These funds cater for the institutional and sophisticated investor markets, using the professional services of their associate companies – … Read more