The services of an international tax lawyer

The role of an international tax lawyer is to assist people with links to several jurisdictions and people with large sums of money.

International tax law is incredibly complex. Tax law in the UK alone consists of taxes on purchase, sale, income and death, for example. Different categories of people and businesses are eligible for different tax breaks and tax planning is essential if you are to pay the minimum amount of tax required.

International tax law is even more complex. Not only is there national legislation in whichever jurisdiction you are considering, there are international rules as well. In addition to this, most nations have some kind of regulatory body that enforces and in some cases creates its own secondary legislation. If you need advice on international tax law you will need the assistance of an experienced specialist international tax lawyer.

It is common for tax lawyers to advise clients to take up different residences due to the tax breaks this will afford them. For example, in England income over £37,500 (less deductions) is taxed at 40%. In Monaco however there is no income tax, making it a haven for the super rich. If an F1 racing driver, for example, earns £50,000,000 per year, one can see why an international tax lawyer might advise that they live outside of the UK. International tax law is not, however, just for the super rich. In fact anyone who lives or works in more than one jurisdiction or has a lot of capital would benefit from the advice of an international tax lawyer

If you would like to obtain legal advice on tax law, or any related issue, Contact Law can put you in touch with a local specialist international tax lawyer free of charge. So, if you have any questions or would like our help in finding international tax lawyers please call us on 0800 1777 162 or complete the web-form above.