The problem of hidden assets, once safely tucked away abroad and incompletely declared to pay lower taxes or none at all, is still a frequent issue for high-net-worth individuals. A significant need for tailored solutions to legally reintegrate all of these assets still remains, even after the unique liberatory declaration (ULD) of 2004 and the tax regularisation acts of 2005 and 2013, with which Tiberghien has extensive experience and expertise.
Current mindsets, combined with increased automatic information exchange between countries for tax purposes, have also made it virtually impossible to continue to hide such assets. The issue of continuous money laundering with regard to illicit assets also plays in the background, as well as crimes like tax fraud that are inadvertently committed in many cases like these.
When it comes to such issues, Tiberghien can offer the necessary assistance in procedures and technical matters, helping its clients reach a legal solution in consultation with the appropriate government authorities - be they the STI, the prosecution service or the regularisation contact service - that gives the latter back their rights, while restoring regretful taxpayers’ deserved peace of mind. Within this context, Tiberghien always keeps track of its clients’ interests while at the same time searching for a solution that works within the existing legal frameworks.
We at Tiberghien tackle delicate cases like this with a dedicated team of specialist lawyers who correctly and thoroughly analyse our client’s legal position.
As lawyers, we also assist our clients in administrative and legal proceedings to do with tax regularisation cases, whenever they occur or if our assistance might be beneficial.
Our Tax Regularisation Coordination team consists of around ten lawyers with extensive experience in tax regularisations, rectifications and their related procedures. Our lawyers are also often asked as speakers and publish in several specialised tax magazines.