8C - Proposed Reform of Individual Tax Residency

Explain That by Velocity Legal

The final episode addresses the proposed reforms to the tax residency rules. It addresses the motivations behind reform, including the need for clarity and alignment with contemporary global mobility patterns. The episode discusses the model that has been proposed to replace the current rules and how it seeks to reflect the guiding principles of certainty, simplicity, and integrity. The episode critically evaluates the potential impact of proposed changes on individuals and the tax system, highlighting the balance needed between simplifying the residency rules and maintaining tax fairness in a globally connected world.

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