Articles: Estate Duty
HSBC Trustee Ltd v Robert Ho Shai Lai, Robert Ho Hung Ngai and Ho Min Kwan
HK Court of First Instance, 27-Dec-1984
The trustee makes elaborate arrangements to avoid HK Estate Duty on the future death of Robert Ho Shai Lai, involving the establishment of a Unit Trust with a Nauru Trustee and a Jersey Trustee holding all but 2 of the units. Just the HK assets amount to US$70m, including US$55m of real estate.
HK Court of First Instance, 27-Dec-1984
The trustee makes elaborate arrangements to avoid HK Estate Duty on the future death of Robert Ho Shai Lai, involving the establishment of a Unit Trust with a Nauru Trustee and a Jersey Trustee holding all but 2 of the units. Just the HK assets amount to US$70m, including US$55m of real estate.
Sign up for our free newsletter
Recommend Webb-site to a friend
Copyright & disclaimer, Privacy policy