In 2017, HMRC have designed a new plan relative to fiscal policies with the aim to introduce several new tax rules and rates that could have an impact on UK companies and self-employed persons from 2017 onwards.
Last November 2nd 2016, the Governments of Colombia and the United Kingdom announced that both countries had successfully signed the Double Taxation Agreement (hereinafter, DTA). This DTA shall enter into force, in general terms, on January 1st 2017.
Spanish Tax Resident Declaration Deadline April 30th
Citizens or Spanish companies that are legal tax residents of Spain are now obliged to file a declaration disclosing the ownership of all non-Spanish assets to include foreign bank accounts and real estate.
Visa visitors and any visitor to the U.S. can, without realizing it, become obligated to pay U.S. income tax on world- wide income, and possibly estate tax on world-wide assets. Income tax and estate tax treaties might offer some relief but these do not serve to ease the pain of becoming an inadvertent U.S. tax payer.
The UK has introduced Stamp Duty, Annual Charges and CGT on UK property
owned by nonresident persons.