Wealth planning update - Withers

With this newsletter we would like to bring to your attention a number of international developments that are likely to be relevant for clients and their advisers alike.


The impact of FATCA in the Philippines

Hiding money overseas to avoid taxes has been the long-established practice of some taxpayers. Offshore tax havens (i.e., countries that have low or no taxes and lack of transparency) still exist, making it possible for individuals to evade taxes by not r