Latest Offshore Banking Articles
- Offshore Asset Protection Secrets They Don't Want You to KnowFor 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 AvoidEveryone 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-TimersBond 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-TimersMontevideo 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. […]
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STEP REPORT PROMOTES TAX HAVEN BENEFITS
While tax havens (or interational financial centres) worldwide are receiving a beating, a report compiled by Society of Trust and Estate practicioners is attempting to navigate the dialogue in another direction. “Offshore financial centers play a key role in the international financial system, improving the availability of credit and encouraging competition in domestic banking... »
LUXEMBOURG AND GERMANY SIGN TIEA
Luxembourg and Germany have agreed on a Tax Information Exchange Agreement which will allow future data exchange over tax matters between the two countries. The treaty allows Luxembourg to further shed its “tax haven” image by incorporating the “internationally agreed” OECD standard in a treaty with its larger nieghbour, source of a large portion... »
US CONGRESS PRESENTS FURTHER MEASURES AGAINST TAX-DODGERS
Future measures against tax havens and offshore tax-dodgers were revealed Tuesday in US Congressional tax committees. A new bill has been dreamed up to stop US citizens from hiding their cash in secret bank accounts, and also hopes to raise USD8.5Bn over the next decade. The legislation follows attempts by US authorities to break... »
BRITISH TAX HAVENS SET TO INTRODUCE CORPORATE TAX CHANGES
Changes in the tax code are underway in British crown dependencies Guernsey, Jersey and the Isle of Man. The island tax havens plan to change laws for insurers, captive insurers and reinsurers to make sure that they conform with EU standards, the Guernsey press agency Guernsey finance was reported as saying. http://www.businessinsurance.com/article/20091019/NEWS/910199996 »
OECD PRESSURES CARIBBEAN ISLANDS TO ADOPT ITS LAWS OR LOSE OUT
Numerous Caribbean nations are reportedly seen by the OECD as non-compliant offshore tax havens and are having to deal with mounting pressure from the G20 group of deveoped and developing countries to adopt new anti-tax haven laws. http://www.stabroeknews.com/2009/business/10/02/caribbean-countries-under-pressure-to-comply-with-new-oecd-tax-haven-laws-or-lose-business/ »