Wealth Tax seems unavoidable now for the UHNWs. With Cayman Islands and BVI no longer a draw due to Common Reporting Standard, how will Financial Advisers, Private Bankers, evolve and assist their clients in this area of ‘Tax Planning’?
#WealthTax #UltraHighNetWorthProblems #KelvinKhoo
Raising taxes is always easy but the repercussion and long term impact on the Country is a delicate balance to achieve, in return for the revenue received. For what revenue is there is the wealthy choose a Country out of Singapore to park their wealth.
#KelvinKhoo #SGWealthTax #EstatePlanning
#KelvinKhoo #SGWealthTax #EstatePlanning