I.   Introduction

To quote James S. Eustice, Professor of Law, "The 1984 and 1986 Tax Reform Acts quickly reached, and never left, levels of legislative complexity that have never been equaled in the tax law and hopefully never will again. The awesomely complex regulations issued under these provisions have been, if anything, even worse." "...to be wrong here is to court tax disasters on a scale rarely encountered on the home front."

To add insult to injury, there are very few rules which differentiate the tax rules for the giants of this world, from the small business.

The comments following are applicable to virtually all foreign countries. 

Naturally, this is only a selective guide, and does, by its very nature, only provide a generic resource. Also, there may be solutions to particular problems. After all, a complex tax structure can often allow the ability to select the most tax efficient option. Consequently, before acting on this information please seek professional advice.