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Eu Savings Directive
The European Union withholding tax is the common name for a withholding tax which is deducted from interest earned by European Union residents on their investments made in another member state, by the state in which the investment is held. The European Union itself has only limited taxation powers, so the name may be considered a misnomer. The aim of the tax is to ensure that citizens of one member state do not evade taxation by depositing funds outside the jurisdiction of residence and so distort the single market. The tax is withheld at source and passed on to the EU Country of residence. All but three member states disclose the recipient of the interest concerned. Most EU states already apply a withholding tax to savings and investment income earned by their nationals on deposits and investments in their own states. The Directive seeks to bring inter-state income into the same arrangement, under the Single Market policy. Creation The tax was introduced at the time of the i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Withholding Tax
Tax withholding, also known as tax retention, pay-as-you-earn tax or tax deduction at source, is income tax paid to the government by the payer of the income rather than by the recipient of the income. The tax is thus withheld or deducted from the income due to the recipient. In most jurisdictions, tax withholding applies to employment income. Many jurisdictions also require withholding taxes on payments of interest or dividends. In most jurisdictions, there are additional tax withholding obligations if the recipient of the income is resident in a different jurisdiction, and in those circumstances withholding tax sometimes applies to royalties, renting, rent or even the sale of real estate. Governments use tax withholding as a means to combat tax evasion, and sometimes impose additional tax withholding requirements if the recipient has been delinquent in filing tax returns, or in industries where tax evasion is perceived to be common. Typically, the withheld tax is treated as a pay ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bare Trust
In trust law, a bare trust is a trust in which the beneficiary has a right to both income and capital and may call for both to be remitted into their own name. In England and Wales Assets in a bare trust are held in the name of a trustee, but the beneficiary has the right to all of the capital and income of the trust at any time if they are 18 or over (in England and Wales), or 16 or over (in Scotland Scotland is a Countries of the United Kingdom, country that is part of the United Kingdom. It contains nearly one-third of the United Kingdom's land area, consisting of the northern part of the island of Great Britain and more than 790 adjac ...). Bare trusts are often used to pass assets to young people - the trustees look after them until the beneficiary is old enough. In Australia Recent amendments to the ''Superannuation Industry (Supervision) Act 1993'' allow superannuation funds to invest in any kind of asset and to borrow, charging those assets so long as there is ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Turks And Caicos Islands
The Turks and Caicos Islands (abbreviated TCI; and ) are a British Overseas Territory consisting of the larger Caicos Islands and smaller Turks Islands, two groups of tropical islands in the Lucayan Archipelago of the Atlantic Ocean and northern West Indies. They are known primarily for tourism and as an offshore financial centre. The resident population in 2023 was estimated by ''The World Factbook'' at 59,367, making it the third-largest of the British overseas territories by population. However, according to a Department of Statistics estimate in 2022, the population was 47,720. The islands are southeast of Mayaguana in the Bahamas island chain and north of the island of Hispaniola (Haiti and the Dominican Republic). Cockburn Town, the capital since 1766, is situated on Grand Turk about east-southeast of Miami. They have a total land area of . The islands were inhabited for centuries by Taíno people. The first recorded European sighting of them was in 1512. In sub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Netherlands Antilles
The Netherlands Antilles (, ; ), also known as the Dutch Antilles, was a constituent Caribbean country of the Kingdom of the Netherlands consisting of the islands of Saba (island), Saba, Sint Eustatius, and Sint Maarten in the Lesser Antilles, and Aruba, Curaçao, and Bonaire in the Leeward Antilles. The country came into being in 1954 as the autonomous successor of the Dutch colony of Curaçao and Dependencies, and Dissolution of the Netherlands Antilles, it was dissolved in 2010, when like Aruba in 1986, Sint Maarten and Curaçao gained status of Constituent countries of the Kingdom of the Netherlands, constituent countries within the Kingdom of the Netherlands, and Saba, Sint Eustatius, and Bonaire gained status of Constituent countries of the Kingdom of the Netherlands, special municipality of the Netherlands as the Caribbean Netherlands. The neighboring Dutch colony of Surinam (Dutch colony), Surinam in continental South America, did not become part of the Netherlands Antill ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Channel Islands
The Channel Islands are an archipelago in the English Channel, off the French coast of Normandy. They are divided into two Crown Dependencies: the Jersey, Bailiwick of Jersey, which is the largest of the islands; and the Bailiwick of Guernsey, consisting of Guernsey, Alderney, Sark, Herm and some smaller islands. Historically, they are the remnants of the Duchy of Normandy. Although they are not part of the United Kingdom, the UK is responsible for the defence and international relations of the islands as it is for the other Crown Dependency, the Isle of Man, and the British Overseas Territories. The Crown Dependencies are neither members of the Commonwealth of Nations, nor part of the European Union. They have a total population of about , and the bailiwicks' Capital city, capitals, Saint Helier and Saint Peter Port, have populations of 33,500 and 18,207 respectively. "Channel Islands" is a geographical term, not a political unit. The two bailiwicks have been administered sepa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
British Virgin Islands
The British Virgin Islands (BVI), officially the Virgin Islands, are a British Overseas Territories, British Overseas Territory in the Caribbean, to the east of Puerto Rico and the United States Virgin Islands, US Virgin Islands and north-west of Anguilla. The islands are geographically part of the Virgin Islands, Virgin Islands archipelago and are located in the Leeward Islands of the Lesser Antilles and part of the West Indies. The British Virgin Islands consist of the main islands of Tortola, Virgin Gorda, Anegada and Jost Van Dyke, along with more than 50 other smaller islands and cays. About 16 of the islands are inhabited. The capital, Road Town, is on Tortola, the largest island, which is about long and wide. The islands had a population of 28,054 at the 2010 Census, of whom 23,491 lived on Tortola; current estimates put the population at 35,802 (July 2018). The economy of the territory is overwhelmingly dominated by tourism and financial services. In terms of financi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aruba
Aruba, officially the Country of Aruba, is a constituent island country within the Kingdom of the Netherlands, in the southern Caribbean Sea north of the Venezuelan peninsula of Paraguaná Peninsula, Paraguaná and northwest of Curaçao. In 1986, Aruba became a constituent country within the Kingdom of the Netherlands and acquired the formal name the Country of Aruba. Aruba has an area of . Aruba measures in length from its northwestern to its southeastern end and is across at its widest point. Aruba is geologically located in South America, South-America, lying on the South-American continental shelf. Alongside Bonaire and Curaçao, Aruba forms a group referred to as the ABC islands (Leeward Antilles), ABC islands. The Dutch Caribbean encompasses the ABC islands along with the other three substantial islands, the SSS islands. In contrast to much of the Caribbean, which experiences humid tropical climates, Aruba has a dry climate with an arid Deserts and xeric shrublands, xer ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Montserrat
Montserrat ( , ) is a British Overseas Territories, British Overseas Territory in the Caribbean. It is part of the Leeward Islands, the northern portion of the Lesser Antilles chain of the West Indies. Montserrat is about long and wide, with roughly of coastline. It is nicknamed "The Emerald Isle of the Caribbean" both for its resemblance to coastal Ireland and for the Irish diaspora, Irish ancestry of many of its inhabitants. Montserrat is the only non-fully sovereign full member of the Caribbean Community and the Organisation of Eastern Caribbean States, though it is far from being the only dependency in the Caribbean overall. On 18 July 1995, the previously dormant Soufrière Hills volcano in the southern end of the island became active, and its eruptions destroyed Plymouth, Montserrat, Plymouth, Montserrat's Georgian era capital city situated on the west coast. Between 1995 and 2000, two-thirds of the island's population was forced to flee, mostly to the United Kingdom, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cayman Islands
The Cayman Islands () is a self-governing British Overseas Territories, British Overseas Territory, and the largest by population. The territory comprises the three islands of Grand Cayman, Cayman Brac and Little Cayman, which are located south of Cuba and north-east of Honduras, between Jamaica and Mexico's Yucatán Peninsula. The capital city is George Town, Cayman Islands, George Town on Grand Cayman, which is the most populous of the three islands. The Cayman Islands is considered to be part of the geographic Western Caribbean zone as well as the Greater Antilles. The territory is a major offshore financial centre for international businesses and High-net-worth individual, the rich mainly due to the state charging no tax on income earned or stored. With a GDP per capita of US$97,750 in 2023, the Cayman Islands has the highest standard of living in the Caribbean, and one of the highest in the world. Immigrants from over 140 countries and territories reside in the Cayman I ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Anguilla
Anguilla is a British Overseas Territories, British Overseas Territory in the Caribbean. It is one of the most northerly of the Leeward Islands in the Lesser Antilles, lying east of Puerto Rico and the Virgin Islands and directly north of Saint Martin (island), Saint Martin. The territory consists of the main island of Anguilla, approximately long by wide at its widest point, together with a number of much smaller islands and cays with no permanent population. The territory's capital is The Valley, Anguilla, The Valley. The total land area of the territory is , with a population of approximately (). Etymology The native Arawak name for the island was ''Malliouhana''. In reference to the island's shape, the Italian ', meaning "eel" (in turn, from the Latin diminutive of ''anguis'', "snake") was used as its name. Anguillan tradition holds that Christopher Columbus named the island. History Anguilla was first settled by Indigenous Amerindian peoples who migrated from S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gibraltar
Gibraltar ( , ) is a British Overseas Territories, British Overseas Territory and British overseas cities, city located at the southern tip of the Iberian Peninsula, on the Bay of Gibraltar, near the exit of the Mediterranean Sea into the Atlantic Ocean (Strait of Gibraltar). It has an area of and is Gibraltar–Spain border, bordered to the north by Spain (Campo de Gibraltar). The landscape is dominated by the Rock of Gibraltar, at the foot of which is a densely populated town area. Gibraltar is home to some 34,003 people, primarily Gibraltarians. Gibraltar was founded as a permanent watchtower by the Almohad Caliphate, Almohads in 1160. It switched control between the Nasrids, Crown of Castile, Castilians and Marinids in the Late Middle Ages, acquiring larger strategic clout upon the destruction of nearby Algeciras . It became again part of the Crown of Castile in 1462. In 1704, Anglo-Dutch forces Capture of Gibraltar, captured Gibraltar from Spain during the War of the S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
David Beckham
Sir David Robert Joseph Beckham ( ; born 2 May 1975) is an English former professional footballer, the president and co-owner of Inter Miami CF and co-owner of Salford City. Primarily a right winger and known for his range of passing, crossing ability and set-piece taking, Beckham is considered one of the best players of his generation and one of the greatest set-piece specialists of all time. He won 19 major trophies in his career, and is the first English player to win league titles in four different countries: England, Spain, the United States and France. Beckham's professional club career began with Manchester United, where he made his first-team debut in 1992 at age 17. With United, he won the Premier League title six times, the FA Cup twice, the FA Charity Shield twice, the Intercontinental Cup and the UEFA Champions League in 1999. He then played four seasons with Real Madrid, winning the La Liga title in his final season with the club. In July 2007, Beckham signed ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
