09/23/2021

NFTs - Collectibles or not?

The key issue is whether NFTs are “collectibles” for US tax purposes in the hands of collectors, with long term gains taxed at higher rates than other long term capital gains.

09/22/2021

Digital assets and estate planning

The report encompasses a wide range of digital assets including crypto-currencies, digital media stored online on services such as iCloud or Dropbox, and also social media accounts.

09/20/2021

Let's be clear on lawyers' costs

Recently, there was media coverage about lawyers charging £600 and £700 an hour, and the press stories reported how a losing party in a legal case had had to pay at those rates.

09/19/2021

Baker McKenzie wins 13 awards

The Firm also won "Australia Firm of the Year" for the second consecutive year. Meanwhile, member firm Wong & Partners took home "Malaysia Firm of the Year" for the fifth year.

09/15/2021

Wills and Estate Administration for Non-UK Residents

Following the tax changes over the last few years on UK residential properties, there has been a mass de-enveloping of UK residential properties held in trusts and offshore companies, a significant proportion of which are now held in individual names.