The Cross-Border Family Wealth Guide. Fisher Andrew

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type – and those individuals or families who are wealthy enough to resist paying what they feel is more than their fair share of such taxes, goes back many centuries, perhaps even to the beginning of civilization. What is new is the combination of relentless needs for more government revenue combined with a greater technological ability to track wealth. As a result, governments everywhere – as well as the large financial institutions compelled to adhere to the standards of these governments – are taking a more aggressive and proactive stance on uncovering assets that they claim they have the power to tax.

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      1

      The Association of Americans Resident Overseas (AARO). “8M Americans Abroad,” AARO.org. Available at: https://aaro.org/who-we-are/8m-americans-abroad.

      2

      Highly valued and talented individuals also often find themselves spending some time in former colonies of

1

The Association of Americans Resident Overseas (AARO). “8M Americans Abroad,” AARO.org. Available at: https://aaro.org/who-we-are/8m-americans-abroad.

2

Highly valued and talented individuals also often find themselves spending some time in former colonies of the European countries that they are from, assuming those countries still have significant economic relationships with their former colonies. Thus a British professional might find himself in India for a while, and a French woman might find herself in any one of numerous African countries that France still has substantial ties to.

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