Whenever an international group establishes structures where there would be a holding company in a low tax jurisdiction and there would be subsidiary companies in the so called high tax countries, substance has become a crucial consideration at the holding…
Corporate tax residence is the concept by which the taxing rights over a company’s profits and gains are determined. Different countries have different ways of defining corporate tax residence, which creates further complexity for companies operating in more than one…
The place of central management and control as a test of residence is becoming established as the first rule that companies need to satisfy in order to avoid any tax adverse consequences. This is true in many countries now. The…
At Centaur Trust the focus of all our attention is on servicing the requirements of an international client base. Adopting a client-focused and service based mind-set, and developing an unprecedented depth of client insight, we enhance the quality and consistency…
The tax law of Cyprus, as reformed, is probably the most modern, effective and simple tax system in the EU and in addition, it conforms to the EU and OECD regulations. Opportunities to reduce the burden of income tax are…
Throughout the world the barriers to capital movements are fast disappearing. Tax differences have become a very significant factor in commercial decisions, and therefore investment structures which have the least tax leakage are preferred by investors. During the last decade…
The principle of property rights is a cornerstone of a free society. The right to property is the recognition that an individual has ownership over that property, and may use it as he wishes, and that nobody else can lawfully…
As international business comes under closer scrutiny, many tax authorities will not accept "brass name plate" structures as sufficient to qualify as bona fide operational entities. Centaur Trust, through our "Idalion Business Centre" can offer clients a wide range of…
The tax law of Cyprus, as reformed, is probably the most modern, effective and simple tax system in the EU and in addition, it conforms to the EU and OECD regulations.
The principle of property rights is a cornerstone of a free society. The right to property is the recognition that an individual has ownership over that property, and may use it as he wishes, and that nobody else can lawfully…