David Russell KC has been published in Bloomberg Tax on the topic of family wealth in Dubai

Outer Temple’s David Russell KC was recently published in a Bloomberg Tax article called ‘Dubai Family Wealth Takes the Stage With New Planning Center’.

Dubai is making it easier than ever for large family businesses to sustain themselves over time.

Dubai has worked hard to position itself an attractive jurisdiction for businesses, including family businesses. It had no personal or corporate income taxes until recently, when it introduced one of the world’s lowest corporate income tax rates of 9% to comply with the OECD’s Global Tax Deal.

David Russell KC was recently published in a Bloomberg Tax article called ‘Dubai Family Wealth Takes the Stage With New Planning Center’ alongside Esquire Group‘s Jimmy Sexton.

Read the full article

Please click here to read the full article.

This article was published on May 31, 2023. David Russell KC from Outer Temple Chambers has co- authored the article with Jimmy Sexton LL.M., Founder, and CEO of Esquire Group and the chairman of the International Business Structuring Association.

Find out more

David Russell KC commenced legal practice in 1974. He is admitted to practise in Australia, England and Wales (Lincoln’s Inn), the Courts of the Dubai International Financial Centre, New York (as a Legal Consultant), New Zealand and Papua New Guinea.

He currently practises in Dubai, London, and Abu Dhabi (Outer Temple Chambers), Sydney (Ground Floor Wentworth Chambers) and Brisbane (Sir Harry Gibbs Chambers). He has acted for Commonwealth and State Governments as well as individuals and corporations. David was President of the Taxation Institute of Australia from 1993 to 1995, and of the Asia Oceania Tax Consultants’ Association from 1996 to 2000.

To find out more on David, contact Matt Sale on +44 (0)20 7427 4910 or George Bennett on +44 (0)207 427 0807.

External Publications 14 Jun, 2023