The EU Member States have reached agreement on new measures to help resolve double taxation problems for all citizens and businesses across the EU.
international tax advice
What is the Form 720?
It is a new informative declaration regarding assets and rights of financial nature located or managed abroad. It was introduced by the 7/2012 law of 29th of October.
The Administration of the President Donald Trump has announced a tax plan that proposes to reduce the Corporate Taxes, modify the Personal tax rates, and eliminate most deductions for individuals other than mortgage interest and charitable contribution deductions.
The Unit Linked goes one step further than life insurances instruments. It covers death, disability or retirement, but also allows the policyholder to choose in which stocks, bonds or mutual funds invest the product.
The Unit Linked combines the tax benefits of life insurance with the profitability and liquidity of an investment instrument, being advantageous too for inheritance and wealth tax planning.
It is a new informative declaration regarding assets and rights of financial nature located or managed abroad. It was introduced by the 7/2012 law of 29th of October.