Offshore Asset Protection Secrets They Don't Want You to Know

For every moderately affluent person there comes the time to start thinking about the future: namely asset protection and preparing for the worst. Although we can all hope for the best, life shows us that those who are prepared win time and time again. Its not just the incredibly rich who have to think about these things, these days it's anyone who ac […]

5 Offshore Credit Card Mistakes to Avoid

Everyone knows how hard it is to get a functional offshore credit card that's also half-way private. It's not your fault. […]

Can Singapore Private Banking Replace Swiss Private Banks?

Singapore private banking has grown massively over the past decade. Assets under management at Singapore private banks have grown to around 300Bn, 6 times what they were 10 years ago. It is estimated that Singapore manages around 5% of the world's private wealth, while Swiss private banking manages around a quarter. […]

Are Private Offshore Banks More Secretive?

Part of the reason why private offshore banks are called "private" is their reputation for secrecy. People expect private offshore banks in a country like Switzerland or Panama to keep confidential account records an issue between banker and client. […]

Offshore Bank Accounts - Easy Introduction For First-Timers

Bond villains, corrupt dictators and even Bono can lay claim to offshore bank accounts. But what about the rest of us? Does anyone really need an offshore bank account, and how much money do you need to make it worthwhile? […]

Montevideo Apartment Rental - Easy Introduction For First-Timers

Montevideo is blessed with a plethora of apartments that will seem affordable to the US or European tourist. In other cities, you may have to settle for something out of town. In Montevideo, which is a living, working city - you can literally wake up and have sand at your feet. […]

TAX CRACKDOWN UNEARTHS OFFSHORE BANK ACCOUNT SECRETS

Wednesday, October 14, 2009

A six month amnesty programme for offshore account holders renewed last month has recived over 3000 applications, according to the IRS. The tax amnesty offers those with undisclosed offshore accounts the chance to escape heavier fines and criminal prosecution, in return for a full confession and full payment of back-taxes with interest. Many of the applicants held funds at Swiss bank UBS, and details of their offshore activity have recently come to light in court documents.

http://www.usatoday.com/money/perfi/taxes/2009-10-13-ubs-tax-evasion_N.htm