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Podcast: Offshore Tax with HTJ.tax
Episode: CARF Confidentiality: Why Svalbard & UK Trusts Work
Description: In this episode, we explore how certain jurisdictions remain outside the reach of CARF (Crypto-Asset Reporting Framework) — and why Svalbard and UK non-resident trusts continue to offer unique confidentiality advantages.Key Insights:Svalbard’s Unique Legal ShieldUnder Article 8 of the 1925 Treaty of Svalbard, no signatory nation may receive tax benefits or preferential treatment related to Svalbard activities.This means Svalbard cannot enter into tax treaties without breaching the principle of equal treatment among its 48 signatories — a list that includes Russia, China, and North Korea...