Nov 21, 2016 | Blog, Paris Hadjipanayis
• Offshore trustees have to pay Income Tax (IT) arising on UK source assets; however, when UK bank interests and dividends from UK companies are held by the offshore trustees, they are exempt from IT provided that for that tax year the beneficiaries were not UK...Subscribe for our newsletter to stay up to date and receive our exclusive FAQ on estate planning for UK expats in Cyprus