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So I've been following your advice and reached out to each of the big four firms and also few more local ones. Everyone feel very comfortable to tell you when you need to pay, but when it comes to confirming your exemption, suddenly no one wants to put his name and sign a document. They've all...

You were actually the only one who DID understood. Thank you!

Can someone please enlighten me and explain why the fact that he ''withdrawn more funds than he deposited in the last 12 months" was a problem at all? I really don't get why it should've been an issue

Absolutely sure as it was confirmed by the local tax office. Exempt income that was not remitted should not be included in the tax return here. They want to know only about the remitted portion of it.

I'm looking to spread my wealth in tier-1 jurisdictions. I have EU passport, legit source of funds, proof of address, certified bank statements and TIN. I do not have any CRS concerns, but since my income was exempt from deceleration in my country of residence due to their territorial tax system...

Personal. Citizen but not resident.

As european banks are obsessed with asking for tax returns when onboarding new clients nowadays, I was wandering if tax residence certificate is typically accepted as alternative?

Thanks for your replay. Yes all the sales are from country B. Generally speaking, for tax purposes only, does it makes any difference if the royalties receiver incorporate or not?

Are there any banks in Singapore, Switzerland, or Channel Islands that accept direct withdrawals from IBKR (Basically transfers of funds which owned by me but from account not under my name)?

Resident of country A receive ebook royalties from publisher in country B. The resident did not perform any ongoing work after publishing the ebook since all the marketing & customer support is done by the publisher. Considering country A have territorial tax system, such income is classified...

What happens when you're qualified for tax residence certificate, but your country of residence does not have treaty with your home country? Would it still be possible to obtain such document?

What if he stays freelancer (not incorporate) but sub-contract the work to other freelancers abroad, delegate all the work to them and prove it with signed employment contracts?

It looks to me that in order to consider income ”˜'foreign-sourced'', territorial taxation system doesn't really care if/when you incorporate (except Thai company of course), as long as you can prove that the work that created the overseas income was performed outside the country's borders. I...

I've opened personal premier account with deposit requirement of close to 700k. I've clear SOF and both accounts belong to me but I've never transferred any 6 figure amount before and not sure if to transfer the whole required amount in 1 lump sum or break it into smaller amounts - Anyone that...

Will foreign banks accept docs that were certified as true copy by UAE lawyer considering that UAE isn't part of the Hague Apostille Convention?

Thanks for sharing, appreciate your help. If you need to choose between UAE local bank to Channel Islands as current account solution for your typical client profile (UAE as financial center while living somewhere else most of the time), which would you prefer?

From your experience with tier-1 banks, Does bank statements are enough for them to verify source of wealth?

Question for those who opened UAE bank account as residents and stay in UAE only few days per year to maintain residence visa - If you're using UAE personal bank account for your living expenses while living abroad most of the time, is there a risk of getting the account closed if the bank see...

But if his finance center is in Dubai while he lives in different country most of the time, it means that his UAE personal bank account/credit card would mostly have foreign transactions/living expenses and nothing local - How UAE bank typically react to this?

Does SG local banks (DBS/OCBC/UOB) will accept bank statement as proof of UAE address?