#Success in #Succession – Part II – So far yet so close

  With their two children living in different parts of Europe, Martin and Sophie might not be physically close to them but certainly have their best interests at heart. This is why they decided to take out a mixed death and survival insurance policy which insures all four family members. A contribution of €2 million […]

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The Peruvian tax authorities, i.e. SUNAT, clarify the tax treatment of foreign life insurance products in Peru.

On 30 April 2018, SUNAT issued a report[1] in response to a question raised regarding the tax treatment in Peru of life insurance products issued by foreign insurers. The points affected by the consultation are those related to the tax treatment of (i) insurance compensation payable to the beneficiaries in the event of death of […]

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#Success in #Succession – Part II – Retiring in style

For Martin and Sophie Svensson, having a comfortable retirement was always a goal. They had accumulated enough wealth through decades of hard work and were ready to settle into Barcelona after relocating from Sweden. As this power couple is moving their tax residence to Spain, a life assurance policy which can offer tax efficiency between […]

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