In this video, tax lawyer Doron Levy examines how wealthy immigrants influence tax policies worldwide. Countries like Israel offer long-term tax breaks, encouraging the return of high-net-worth residents. But as the UK prepares to end its non-domicile tax status, Adv. Levy discusses how such changes can lead to an exodus of wealth, reshaping the tax landscape. Are more countries expected to follow the UK’s lead, or will they keep offering favorable tax arrangements?
Voluntary Disclosure Procedure: How to Avoid Criminal Exposure
Similar to previous years, the Voluntary Disclosure Procedure is designed to encourage taxpayers to correct their tax reports. The procedure applies to violations under the