“Unfortunately, tax ‘leniency’ in a low‑ or nil‑tax jurisdiction does not change how other states determine taxing rights,” said Fernando Del Canto, a Spanish lawyer and barrister based in London.
“Countries are sovereign and they don’t want their tax base
When families begin planning for the future, the discussion often starts: and unfortunately ends: with legal documents, tax structures, and asset protection. Don’t get me wrong, these are the essential “bones” of any succession plan. Without them, the skeleton collapses.