August 2023

Withholding tax is a tax that is deducted at source from payments made to individuals or entities by a withholding agent. The withholding agent is usually responsible for withholding the tax and remitting it to the appropriate tax authority on behalf of the payee. Withholding tax procedures can vary depending on the jurisdiction and the […]

Choosing mortgage-backed REITs worth considering requires a systematic approach to ensure that your investment aligns with your financial goals, risk tolerance, and market conditions. Here’s a step-by-step guide on how to do it and why it’s important: Why Is It Important: Selecting mortgage-backed REITs worth considering is a critical step in building a successful investment

A Mortgage Real Estate Investment Trust (Mortgage REIT or mREIT) is a type of real estate investment trust that specializes in investing in mortgage-related assets, particularly mortgage-backed securities (MBS) and other debt instruments tied to real estate. Mortgage REITs provide a way for investors to gain exposure to the real estate market and generate income

The Kiddie Tax is a tax provision in the United States that aims to prevent high-income taxpayers from shifting income to their children in order to take advantage of their lower tax rates. This provision was designed to ensure that unearned income of certain children is taxed at rates that are more consistent with their

Tax gain harvesting, also known as “capital gain harvesting,” is a tax optimization strategy used by investors to manage their capital gains tax liability. The goal of this strategy is to strategically sell investments that have appreciated in value in order to realize capital gains, while also taking advantage of tax laws and regulations to

Government grants, credits, and incentives are various forms of financial assistance or support provided by governments to individuals, businesses, organizations, or specific industries. These programs are designed to encourage certain activities, stimulate economic growth, promote innovation, support social goals, and more. Here’s an overview of each category: Government Grants: Government grants are financial awards provided

Investing in bonds carries various risks that investors should understand to make informed decisions. Here’s a closer look at the risks associated with bond investments and some strategies to mitigate those risks: Interest Rate Risk: Credit Risk (Default Risk): Reinvestment Risk: Inflation Risk: Liquidity Risk: Call Risk (Callable Bonds): Currency Risk (For Foreign Bonds): Market

Minimizing taxes requires a thoughtful and responsible approach. While there are legitimate strategies to reduce your tax liability, it’s important to follow the rules and guidelines established by tax authorities. Here are some “dos and don’ts” to consider when trying to minimize taxes: Dos: Don’ts: Remember that the line between legitimate tax planning and illegal

Offshore banking refers to the practice of opening and maintaining bank accounts or other financial assets in a foreign country, typically with the intention of benefiting from certain financial advantages, privacy, or legal and tax benefits. Offshore banks are financial institutions located in jurisdictions that offer favorable conditions for non-resident individuals, corporations, or entities to

VAT (Value Added Tax) in the digital age refers to the adaptation of VAT systems to address the challenges and opportunities presented by digital transactions, online commerce, and cross-border sales of digital goods and services. VAT is a consumption tax that is added at each stage of production or distribution of goods and services, and