World Wide Tax News Issue 53 - December 2019

The World of Private Clients

BDO’s Global Private Client Services team is a global network of private client specialists who have a multi-jurisdictional understanding of leading issues and a commitment to exceptional client service.  For private clients, the need for specialist tax advice has never been greater. All around the world, legislation is becoming more complex, tax authorities are hardening their attitudes to tax structuring and the move towards global sharing of financial information means there is an increased risk of investigation. Take a look at our dedicated website for all things Private Client – our hub houses a range of thought leadership, articles and insights from our international team.

We analyse four key themes affecting Private Clients

Our insights are presented via four key themes. All of our themes have relevance on a global scale and aim to inform the private client on all aspects of managing and preserving their wealth.

Transparency and worldwide reporting

The goalposts in international tax reporting are moving rapidly. The Common Reporting Standard introduced a new global standard for the automatic exchange of information. Our interactive map and updates on global transparency rules tell you more about this new environment.

Global opportunities for relocation

BDO provides an overview of tax regimes around the world, country by country. The study is not intended to be exhaustive by any means, but focuses on some of the locations where, based on our experience, people like to move to, to live and work.

Family and generational wealth

Coming soon - BDO draws on leading expertise from BDO’s Family Business centres of excellence – on managing family dynamics, successful succession and preserving wealth in a family context.

Adviser of the future

Coming soon - What are the challenges that will face clients in the future? We explore the changing nature of wealth and our advice, against a backdrop of new technology, increased globalisation and mobility.

Next up

We are commissioning a dedicated quantitative and qualitative research project throughout 2020, looking at the World of Private Clients and gaining unique insights to the challenges faced across the sector. Get in touch if you would like to participate or sign up to hear more from our team in due course.

Jeff Kane

Wendy Walton