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Podcast: Offshore Tax with HTJ.tax
Episode: Can The Same Gift Be Taxed In More Than One Country?
Description: Yesβand this is one of the most common (and misunderstood) risks in cross-border gifting. In this episode, we explain how and why double taxation can arise on a single gift, and why managing that risk is often more complex than for income or capital gains.π What Youβll Learn in This Episode:1οΈβ£ Why Double Taxation Happens With GiftsDifferent countries may assert taxing rights over the same gift based on different connecting factors, including: β’ Residence of the donor β’ Residence of the recipient β’ Location (situs) of the gifted asset<...