• Top 10 Offshore Tax Havens You Can Still Stash Your Cash

    Get more Tips here! www.destinationtips.com Heads of state, former heads of state, heads of government, former heads of government, relatives and associates of government officials (as well as a fair share of celebrities) have all been exposed for hiding money in offshore accounts. Here is a list of the top 10 Biggest Tax Havens in the World. (Ranking is based on a combination of its secrecy score and scale weighting) #10 United Arab Emirates One of the world’s best known tax havens or secrecy jurisdictions.It has a low-tax environment and a complex array of free trade zones with multiple secrecy facilities and lax enforcement. A large slice of the inbound money comes in the form gold. Secrecy Score: 77% Tax Haven Status: Tiny #9 Bahrain An island of hospitality to banks and businesse...

    published: 26 Apr 2016
  • Paradise Papers Expose “Cleverest Ways of Exploiting” Offshore Tax Havens by GOP & Democratic Donors

    https://democracynow.org - Examining the Paradise Papers, The Guardian reports seven Republican super-donors mentioned in the papers stored some of their fortunes offshore, beyond the reach of public scrutiny and tax authorities. Together, the billionaires pumped more than $350 million into the 2016 election. Some are well-known backers of conservative causes, like casino magnate Sheldon Adelson and Charles and David Koch. Another investigation focuses on Democratic donor James Simons, who spent $11 million to back Hillary Clinton’s 2016 presidential campaign. Simons is the founder of Renaissance Technologies, the world’s most profitable hedge fund. Leaked records show he kept much of his $8 billion fortune in an offshore private wealth fund in Bermuda in order to avoid “particularly sever...

    published: 08 Nov 2017
  • Hypocrisy USA: The Country's Role as a Money Laundering Center & Offshore Tax Haven - Miami 2016

    The United States routinely takes the moral high ground when accusing offshore jurisdictions of facilitating money laundering and tax evasion to the detriment of the world's major countries and the global economy in general. But is it a case of the pot calling the kettle black? This session will look at the involvement of the USA, its banks, attorneys, corporate agents, realtors and others in providing services to money launderers and tax evaders, contributing to property booms in cities like New York and Miami and economic booms in states like Delaware and Nevada. Evidence provided will include a hidden-camera investigation by Global Witness into whether attorneys in New York were prepared to set up anonymous accounts to conceal the identity of a prospective client who they were led to ...

    published: 05 May 2016
  • Offshore Financial Centers or Tax Havens

    What Makes A Good Tax Haven? After the banking crisis in Cyprus, what country might take its place as the next popular tax haven? David Greene talks to professor James Hines at the University of Michigan Law School to find out. http://www.npr.org/2013/03/28/175550945/what-makes-a-good-tax-haven Haven sent - The effects of Cyprus on other tax haven Many Russians and east Europeans have used these for the "tax-efficient" shuffling of shareholdings and profits, making creative use of Cyprus's network of tax treaties and its non-taxation of dividend payments or capital gains (except on property). These vehicles are also used for "round-tripping": moving funds abroad and then back home disguised as foreign investment that is eligible for tax breaks. http://www.economist.com/news/finance-and-ec...

    published: 29 Mar 2013
  • The Panama Papers: Victims of Offshore

    The Panama Papers is a global investigation into the sprawling, secretive industry of offshore that the world's rich and powerful use to hide assets and skirt rules by setting up front companies in far-flung jurisdictions. Based on a trove of more than 11 million leaked files, the investigation exposes a cast of characters who use offshore companies to facilitate bribery, arms deals, tax evasion, financial fraud and drug trafficking. Behind the email chains, invoices and documents that make up the Panama Papers are often unseen victims of wrongdoing enabled by this shadowy industry. This is their story. For more, go to panamapapers.icij.org EXECUTIVE PRODUCER: Hamish Boland-Rudder PRODUCER: Carrie Ching ANIMATION ARTIST: Arthur Jones REPORTER: Will Fitzgibbon NARRATOR: Eleanor Bell Fox SU...

    published: 03 Apr 2016
  • Mini Law School - Invisible Riches: Offshore Tax Evasion and the Global Crackdown

    Recent studies of international banking data suggest that a staggering amount of global financial wealth (between $US 10 and 20 trillion) is held in "offshore financial centres" or "tax havens", with over $US 5 trillion of such financial wealth being unreported or unidentified. This is despite the fact that governments and international organizations, including the OECD and G20, have aggressively targeted offshore tax evasion since the 2008 financial crisis, with the G20 declaring in 2009 that "the era of banking secrecy is over". In this lecture we will explore the following questions: * What is the nature of the international tax evasion problem, particularly for Canada? * How has the Canadian government enhanced our tax laws and treaty networks to stem the outflow of money? * Is th...

    published: 20 Feb 2014
  • The Nomad Trap: How to legally avoid tax as a digital nomad

    http://www.nomadcapitalist.com Many location independent entrepreneurs and digital nomads leave their home countries every year, never giving much thought to how or where they'll pay tax. So, where do digital nomads pay tax? It turns out that it might be in your home country. If you don't take the proper steps and fill out the proper forms to become tax non-resident and establish a new "center of life" somewhere outside of your home, you may be on the hook for taxes at home. In fact, a few location independent types discovered this YEARS after leaving, and ended up paying big past tax bills. Ouch! Andrew explains how to avoid "The Nomad Trap" and make sure you LEGALLY avoid paying tax to a country you don't live in, as well as how to make sure you don't get in the tax net somewhere el...

    published: 07 Jan 2017
  • ICIJ Offshore Leaks Database Tutorial

    Learn how to use the ICIJ Offshore Leaks Database, where you can search information about the ownership of more than 100,000 offshore entities in tax havens and discover the networks around them. http://offshoreleaks.icij.org/ This web application is part of the "Secrecy for Sale" series. Read the articles: http://www.icij.org/offshore UPDATE: In January 23, 2014 ICIJ revealed the names of more than 37,000 tax haven clients from China, Hong Kong and Taiwan, so the Offshore Leaks Database now has no details withheld.

    published: 22 Oct 2013
  • Luxembourg Leaks: Tricks of the Trade

    For more, see: http://www.icij.org/luxleaks Video produced by ICIJ in partnership with the Pulitzer Center.

    published: 05 Nov 2014
  • Can You Still Hide Money in Swiss Banks?

    Subscribe! http://bitly.com/1iLOHml Swiss banks have been scrutinized the last few years for alleged unscrupulous business conduct. So what unethical practices are they accused of? Learn More: Tax Justice Report http://www.taxjustice.net/cms/upload/pdf/TUIYC_2012_FINAL.pdf HSBC: Corporate Rap Sheet http://www.corp-research.org/HSBC "Once a staid financial institution with a focus on Asia, HSBC has found itself caught up in recent years in scandals involving predatory lending, tax evasion and the role its lax internal controls have played in helping drug traffickers and organizations said to be linked to terrorist groups." Swiss bank secrecy in toughest test since Nazi gold http://www.reuters.com/article/2008/12/11/us-banking-secrecy-switzerland-idUSTRE4BA0CV20081211 "N...

    published: 18 Feb 2015
  • What is OFFSHORE FINANCIAL CENTRE? What does OFFSHORE FINANCIAL CENTRE mean?

    What is OFFSHORE FINANCIAL CENTRE? What does OFFSHORE FINANCIAL CENTRE mean? OFFSHORE FINANCIAL CENTRE meaning - OFFSHORE FINANCIAL CENTRE definition - OFFSHORE FINANCIAL CENTRE explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. An offshore financial centre (OFC) is a small, low-tax jurisdiction specializing in providing corporate and commercial services to non-resident offshore companies, and for the investment of offshore funds. The term was coined in the 1980s. The International Monetary Fund (IMF) defines an offshore financial centre as "a country or jurisdiction that provides financial services to nonresidents on a scale that is incommensurate with the size and the financing of its domestic economy." Although informatio...

    published: 19 Apr 2017
  • OECD Tax Talks #1 - Centre for Tax Policy and Administration

    With a number of important recent and upcoming developments in the OECD's international tax work, senior members from the OECD's Centre for Tax Policy and Administration (CTPA) gave the latest tax update. Topics included: - The BEPS Project: Developments since the delivery of the BEPS package in October 2015, and the upcoming inaugural meeting of the new BEPS inclusive framework. - Tax transparency: The impact of Panama Papers, and progress towards a global level playing field through enhanced transparency. - The months ahead: Our work programme, and how you can be involved. View the presentation: www.slideshare.net/OECDtax/oecd-tax-talks-1-16-june-2016

    published: 16 Jun 2016
  • Inside the Secretive World of Tax-Avoidance Experts

    A behind-the-scenes, eye-witness account of the international wealth management profession from a sociologist who has spent the last eight years researching it, during which time she trained to become a wealth manager and visited 18 offshore jurisdictions. SPEAKERS BROOKE HARRINGTON Associate Professor, Copenhagen Business School (Denmark) PowerPoint: http://www.offshorealert.com/uploadedFiles/Events/OffshoreAlert_Conferences/2016/miami/01%20Inside%20the%20Secretive%20World%20%20of%20Tax-Avoidance%20Experts.pdf

    published: 05 May 2016
  • Offshore Aboard the Tax Man, Port Aransas Texas

    Hunters Link take you offshore fishing on the Tax Man in Port Aransas Texas to catch Amber Jack and Mako Shark.

    published: 01 Feb 2017
  • Offshore Company Formation - Find Out How

    Setup in Global Offshore Locations - Fast & Easy https://www.youtube.com/user/HKCompanyFormation An offshore company is a legal entity established in a tax haven or offshore financial center, being protected by specific legislation which guarantees a status of partial or full tax exemption. Yearly maintenance fees range from US $100 to US $1500 or more, depending of the type of the company and its jurisdiction. In some jurisdictions, annual company fixed tax is paid to the government such as it is the case with the Republic of Panama. Shareholders and directors of an offshore company may enjoy generally a high level of privacy. In some jurisdictions, offshore companies may trade or do business only outside of the country in order to be tax exempt, while in others companies may do local a...

    published: 22 Apr 2014
  • Offshore Corporate Tax Havens and the G20

    Learn innovative methods to allow companies to go green and cut large expenses at the same time. The expenses we reduce are energy bills and federal taxes, using proven win-win methodology for all parties involved. For every $59.24 in tax liability we install one (1) square foot of solar panels on your company's rooftops for $55 and at the same time we eliminate the $59.24 in tax liability using tax credits and depreciation from projects we have previously done. Our company installs the solar panels on your rooftop. We sell the energy generated by the panels, back to your business at 40% less than you are paying right now. In summary, you can go green by installing solar; reduce your federal taxes by $4.24 per sq. ft., and then generate ongoing revenue by cutting your energy costs by 40%...

    published: 22 Jul 2013
  • Offshore Bank Account | Be Careful Where You Open It

    http://www.offshorecompanyregistration.ae/offshore-banking/offshore-bank-account Offshore bank account: Advantages, where to open, fund transfers, presence required Offshore bank account: Advantages 1. If you are residing in a country that does not have a freely convertible currency an offshore account allows easy travel. 2. You can use your offshore account to buy property or invest in shares and mutual funds. 3. There are many offshore funds that have higher yields because they are taxed at a lower rate. In most cases they are easier to buy via offshore accounts. 4. Offshore bank accounts are generally confidential. However make sure that your offshore tax haven hasn’t entered into a Tax Information Exchange Treaty (TIET) with your home country. Offshore bank account: Where to ope...

    published: 30 Dec 2014
  • Lotte Group has 46 offshore units based in suspected tax havens

    롯데그룹 해외법인 18%, 조세피난처 의심국에 운영 What we're learning of Korea's fifth largest conglomerate... as Seoul prosecutors widen their investigation into Lotte Group. Quite a number of its business units overseas are established in countries known as tax havens. With prosecutors already investigating embezzlement and slush fund allegations, the latest finding does nothing but adds more suspicions on Lotte's not-so-transparent business management. Lee Minyoung reports. Korea's fifth largest conglomerate Lotte Group turns out to be running some four dozen offshore units in suspected tax havens,... adding to other issues that have engulfed the embattled group, such as allegations of embezzlement and slush funds. According to the corporate analysis agency Korea 20000 Corporate Research Institute, ...

    published: 23 Jun 2016
  • Southern Poverty Law Center: Fleecing the Gullible and Lining Its Offshore Accounts

    SPLC Sends Millions to Opaque Offshore Tax Havens News that Morris Dee’s Southern Poverty Law Center (SPLC) transferred some $5 million offshore in 2014 caught many by surprise. For example, tax expert Amy Sterling Casil, CEO of the nonprofit consulting firm Pacific Human Capital, upon learning of the transactions, said: I’ve never known a U.S.-based nonprofit dealing in human rights or social services to have any foreign bank accounts.… I am stunned to learn of transfers of millions to offshore bank accounts. It is a huge red flag and would [be] completely unacceptable to any wealthy, responsible, experienced board member who was committed to a charitable mission who I ever worked with. It is unethical for any U.S.-based charity to invest large sums overseas. I know of no legitimate reaso...

    published: 08 Sep 2017
  • Exploring Issues In Tax Policy - Tax 101: An Overview of Taxation

    Dr. Garett Jones Professor of Economics George Mason University Taxation has always been a major part of American politics and continues to be the focus for debate and discussion, especially when reform is desired. To understand this complex issue the Mercatus Center at George Mason University is pleased to present a three-day course on current tax policy and past reform movements. Lawmakers strive to create "the best" tax systems, but policies may yield surprising results in practice. To better comprehend the basics of taxation, Dr. Garett Jones of George Mason University reviews the current tax system from an economic perspective and explore how shifts in tax policy affect individual behavior and the economy as a whole in Tax 101: An Overview of Taxation. Today, presidential cand...

    published: 08 Nov 2011
  • Southern Poverty Law Center Transfers $Millions in Cash to Offshore Entities

    Southern Poverty Law Center Transfers $Millions in Cash to Offshore Entities The Southern Poverty Law Center (SPLC), a liberal, Alabama-based 501(c)(3) tax-exempt charitable organization that has gained prominence on the left for its "hate group" designations, pushes millions of dollars to offshore entities as part of its business dealings, records show. Additionally, the nonprofit pays lucrative six-figure salaries to its top directors and key employees while spending little on legal services despite its stated intent of "fighting hate and bigotry" using litigation, education, and other forms of advocacy. The Southern Poverty Law Center is perhaps best known for its "hate map," a collection of organizations the nonprofit deems "domestic hate groups" that lists mainstream conservative ...

    published: 01 Sep 2017
  • Panama Papers: Inside the shady world of tax havens - Counting the Cost

    The Panama Papers shocked the world this week when a massive leak of 11.5 million tax documents exposed the secret dealings of hundreds of thousands of people, including world leaders and celebrities, and how they use shady financial mechanisms to avoid paying taxes and hide their wealth. Linking at least 12 current and former heads of state and 143 politicians to illicit financial transactions, the documents revealed how Mossack Fonseca, a Panama-based law firm, allegedly used banks, law firms and offshore shell companies, from 1977 to the end of 2015, to help hide its clients assets. While the disclosures have since led to the resignation of one world leader, Sigmundur Davio Gunnlaugsson, the Icelandic prime minister; the problem goes beyond mere individuals. The Panama Papers have ex...

    published: 10 Apr 2016
  • Obama Criticized Loopholes That Help Protect Offshore Tax Haven

    President Obama on Tuesday criticized loopholes that help protect offshore tax havens and U.S. companies that move abroad for lower tax rates. "A lot of these loopholes come at the expense of middle class families," Obama said during the White House press briefing adding that such companies are "gaming the system." The president's comments come on the heels of the Treasury Department's new package of rules aimed at making "tax inversions" — when U.S. companies move abroad for lower tax rates — less financially appealing. http://feeds.nbcnews.com/c/35002/f/663303/s/4ebd37ca/sc/24/l/0L0Snbcnews0N0Cnews0Cus0Enews0Ctreasury0Elooks0Ecompanies0Elowering0Etax0Erates0Emoving0Eabroad0En550A936/story01.htm http://www.wochit.com This video was produced by YT Wochit News using http://wochit.com

    published: 05 Apr 2016
  • Apple's dirty little tax secret - APPLE NEWS

    -Technology Videos- Apple's dirty little tax secret Tax avoidance Apple Technology sector Apple US senators and tax law professors have accused Apple of multi-billion-dollar tax avoidance -- shifting billions of dollars of profits to Ireland where Apple has found a way to pay little or no tax. Apple boss Tim Cook disagrees. He insists there is no shifting going on, and that profits earned by Apple's Irish operations are down to the hard work and expertise of almost 4,000 staff in Cork. The Guardian went to the Emerald Isle to test these competing claims Read the full article at: http://www.guardian.co.uk/technology/video/2013/may/29/apples-dirty-little-tax-secret-video#ixzz2UidgnEF0 apple,apple store locator,apple stocks,apple stock quote,apple website,apple shares,apple history,buy ...

    published: 29 May 2013
  • Offshore Finance Centers and Tax Havens The Rise of Global Capital Ichor Business Books

    published: 27 Apr 2017
  • Offshore Finance Centers and Tax Havens The Rise of Global Capital Ichor Business Books

    published: 29 Mar 2017
  • Can You Still Hide Money in Swiss Banks?

    Subscribe! http://bitly.com/1iLOHml Swiss banks have been scrutinized the last few years for alleged unscrupulous business conduct. So what unethical practices are they accused of? Learn More: Tax Justice Report http://www.taxjustice.net/cms/upload/pdf/TUIYC_2012_FINAL.pdf HSBC: Corporate Rap Sheet http://www.corp-research.org/HSBC "Once a staid financial institution with a focus on Asia, HSBC has found itself caught up in recent years in scandals involving predatory lending, tax evasion and the role its lax internal controls have played in helping drug traffickers and organizations said to be linked to terrorist groups." Swiss bank secrecy in toughest test since Nazi gold http://www.reuters.com/article/2008/12/11/us-banking-secrecy-switzerland-idUSTRE4BA0CV20081211 "N...

    published: 18 Feb 2015
  • The Panama Papers Lard Nazir Panama paper Leaks 4

    The Panama Papers Lard Nazir Panama paper Leaks 4 quantity of leaked data greatly exceeds the Wikileaks Cablegate leak in 2010 (1.7 GB), Offshore Leaks in 2013 (260 GB), the 2014 Lux Leaks (4 GB), andminister Christine Lagarde Luxembourg Leaks Offshore financial center Offshore leaks Tax haven Panama Papers "« SwissLeaks » : the backstory of a worldwide 5 KB (454 words) - 09:40, 9 April 2016 Luxembourg Leaks (sometimes shortened to Lux Leaks or LuxLeaks) is the name of a financial scandal revealed in November 2014 by a journalistic investigation 45 KB (4,583 words) - 09:39, 9 April 2016

    published: 09 Apr 2016
  • What is OFFSHORE INVESTMENT? What does OFFSHORE INVESTMENT mean? OFFSHORE INVESTMENT meaning

    What is OFFSHORE INVESTMENT? What does OFFSHORE INVESTMENT mean? OFFSHORE INVESTMENT meaning - OFFSHORE INVESTMENT definition - OFFSHORE INVESTMENT explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. Offshore investment is the keeping of money in a jurisdiction other than one's country of residence. Offshore jurisdictions are a commonly accepted means of reducing the taxes levied in most countries to both large and small-scale investors alike. Poorly regulated offshore domiciles have served historically as havens for tax evasion, money laundering, or to conceal or protect illegally acquired money from law enforcement in the investor's country. However, the modern, well-regulated offshore centres allow legitimate investors to ...

    published: 20 Apr 2017
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Top 10 Offshore Tax Havens You Can Still Stash Your Cash

Top 10 Offshore Tax Havens You Can Still Stash Your Cash

  • Order:
  • Duration: 5:48
  • Updated: 26 Apr 2016
  • views: 22710
videos
Get more Tips here! www.destinationtips.com Heads of state, former heads of state, heads of government, former heads of government, relatives and associates of government officials (as well as a fair share of celebrities) have all been exposed for hiding money in offshore accounts. Here is a list of the top 10 Biggest Tax Havens in the World. (Ranking is based on a combination of its secrecy score and scale weighting) #10 United Arab Emirates One of the world’s best known tax havens or secrecy jurisdictions.It has a low-tax environment and a complex array of free trade zones with multiple secrecy facilities and lax enforcement. A large slice of the inbound money comes in the form gold. Secrecy Score: 77% Tax Haven Status: Tiny #9 Bahrain An island of hospitality to banks and businesses and also one of the biggest global centers for Islamic finance. There is no corporate income tax, personal income tax or capital gains tax. Bahrain also has a wide network of tax treaties with a number of developing countries. Secrecy Score: 74% Tax Haven Status: Small #8 Germany Between $2.81 to $3.38 trillion of tax exempt interest-bearing assets held by non-residents as of August 2013. Germany does not sufficiently exchange tax-related information with a multitude of other jurisdictions and despite recent progress with its anti-money laundering framework, major loopholes and many implementation deficits still exist Secrecy Score: 56% Tax Haven Status: Huge but Shifty #7 Lebanon Many members of the population are high-net worth individuals. Beirut’s offshore financial services sector has been growing at an average of nearly 12 percent per year since 2006. Lebanon’s political and military troubles over recent decades have disrupted the offshore financial sector, but it has proved astonishingly resilient. Secrecy Score: 79% Tax Haven Status: Small and Secure #6 Luxembourg The most important private banking and wealth management center in the Eurozone. It has 143 banks holding almost $800 billion in assets, over $300 billion of which are in the secretive private banking sector and is a center of lax financial regulation and is still one of the world’s most important financial centers. Breaking professional secrecy can result in a prison sentence Secrecy Score: 55% Tax Haven Status: Huge #5 The Cayman Islands Banking assets worth $1.4 trillion in June 2014. Hoststing over 11,000 mutual and other funds with a net asset value of $2.1 trillion. It has 200 banks, over 140 trust companies and over 95,000 registered companies and retains many secrecy features plus laws that can put people in jail not only for exposing confidential information, but merely for asking for it. Secrecy Score: 65% Tax Haven Status: Aggressively Protective #4 Singapore A major wealth management center, with $1.4 trillion in assets under management in 2013. In 2014 it become Asia’s largest foreign exchange trading center. It hosts a lack of serious reforms to its corporate secrecy regime and a lack of interest in creating public registries of beneficial ownership. Secrecy Score: 69% Tax Haven Status: Intentionally Blind? #3 USA The U.S. has led the charge in combating international tax evasion using offshore financial accounts. However, the U.S. also provides a multitude of secrecy and tax-free facilities for non U.S. residents It's one of the few places left where advisers are actively promoting accounts that will remain secret from overseas authorities. Secrecy Score: 60% Tax Haven Status: Ironic #2 Hong Kong Hong Kong has the second largest stock exchange in Asia after Tokyo with $2.1 trillion under management in April 2015 and over $350 billion in private banking assets. China’s control over Hong Kong has shielded it from global transparency initiatives. It also has not signed the multilateral agreement to initiate automatic information exchange via the CRS. Secrecy Score: 72% Tax Haven Status: See-No-Evil #1 Switzerland Switzerland is the grandfather of the world’s tax havens, known to have introduced Banking Secrecy Laws as far back as 1934 However, in 2010, the US enacted the Foreign Account Tax Compliance Act and the Swiss government was ultimately forced to bow to US pressure In 2013, the US government signed a tax treaty that calls for Swiss banks to provide details on their American account holders Secrecy Score: 73% Tax Haven Status: BOSS
https://wn.com/Top_10_Offshore_Tax_Havens_You_Can_Still_Stash_Your_Cash
Paradise Papers Expose “Cleverest Ways of Exploiting” Offshore Tax Havens by GOP & Democratic Donors

Paradise Papers Expose “Cleverest Ways of Exploiting” Offshore Tax Havens by GOP & Democratic Donors

  • Order:
  • Duration: 8:54
  • Updated: 08 Nov 2017
  • views: 636
videos
https://democracynow.org - Examining the Paradise Papers, The Guardian reports seven Republican super-donors mentioned in the papers stored some of their fortunes offshore, beyond the reach of public scrutiny and tax authorities. Together, the billionaires pumped more than $350 million into the 2016 election. Some are well-known backers of conservative causes, like casino magnate Sheldon Adelson and Charles and David Koch. Another investigation focuses on Democratic donor James Simons, who spent $11 million to back Hillary Clinton’s 2016 presidential campaign. Simons is the founder of Renaissance Technologies, the world’s most profitable hedge fund. Leaked records show he kept much of his $8 billion fortune in an offshore private wealth fund in Bermuda in order to avoid “particularly severe” taxes that would be triggered if he tried to bring the funds onshore. We speak with Jon Swaine, senior reporter for The Guardian. Democracy Now! is an independent global news hour that airs weekdays on nearly 1,400 TV and radio stations Monday through Friday. Watch our livestream 8-9AM ET: https://democracynow.org Please consider supporting independent media by making a donation to Democracy Now! today: https://democracynow.org/donate FOLLOW DEMOCRACY NOW! ONLINE: Facebook: http://facebook.com/democracynow Twitter: https://twitter.com/democracynow YouTube: http://youtube.com/democracynow SoundCloud: http://soundcloud.com/democracynow Daily Email: https://democracynow.org/subscribe Google+: https://plus.google.com/+DemocracyNow Instagram: http://instagram.com/democracynow Tumblr: http://democracynow.tumblr.com Pinterest: http://pinterest.com/democracynow iTunes: https://itunes.apple.com/podcast/democracy-now!-audio/id73802554 TuneIn: https://tunein.com/radio/Democracy-Now-p90 Stitcher Radio: https://www.stitcher.com/podcast/democracy-now
https://wn.com/Paradise_Papers_Expose_“Cleverest_Ways_Of_Exploiting”_Offshore_Tax_Havens_By_Gop_Democratic_Donors
Hypocrisy USA: The Country's Role as a Money Laundering Center & Offshore Tax Haven - Miami 2016

Hypocrisy USA: The Country's Role as a Money Laundering Center & Offshore Tax Haven - Miami 2016

  • Order:
  • Duration: 1:37:14
  • Updated: 05 May 2016
  • views: 1638
videos
The United States routinely takes the moral high ground when accusing offshore jurisdictions of facilitating money laundering and tax evasion to the detriment of the world's major countries and the global economy in general. But is it a case of the pot calling the kettle black? This session will look at the involvement of the USA, its banks, attorneys, corporate agents, realtors and others in providing services to money launderers and tax evaders, contributing to property booms in cities like New York and Miami and economic booms in states like Delaware and Nevada. Evidence provided will include a hidden-camera investigation by Global Witness into whether attorneys in New York were prepared to set up anonymous accounts to conceal the identity of a prospective client who they were led to believe was seeking to launder the proceeds of corruption. SPEAKERS EDWARD DAVIS, JR. Founding Shareholder, Astigarraga Davis (Miami) SHAUNA LEVEN Director of Anti-Corruption Campaigns, Global Witness (London) JESSE DRUCKER Investigative Reporter, Bloomberg News (New York) JAMES BARNACLE Chief of Money Laundering Unit, FBI (New York) PETER COTORCEANU Of Counsel, Anaford AG (Switzerland) PowerPoint: http://www.offshorealert.com/uploadedFiles/Events/OffshoreAlert_Conferences/2016/miami/02%20Hypocrisy%20USA-%20The%20Country's%20Role%20as%20a%20Money%20Laundering%20Center%20and%20Offshore%20Tax%20Haven.pdf
https://wn.com/Hypocrisy_USA_The_Country's_Role_As_A_Money_Laundering_Center_Offshore_Tax_Haven_Miami_2016
Offshore Financial Centers or Tax Havens

Offshore Financial Centers or Tax Havens

  • Order:
  • Duration: 5:23
  • Updated: 29 Mar 2013
  • views: 1291
videos
What Makes A Good Tax Haven? After the banking crisis in Cyprus, what country might take its place as the next popular tax haven? David Greene talks to professor James Hines at the University of Michigan Law School to find out. http://www.npr.org/2013/03/28/175550945/what-makes-a-good-tax-haven Haven sent - The effects of Cyprus on other tax haven Many Russians and east Europeans have used these for the "tax-efficient" shuffling of shareholdings and profits, making creative use of Cyprus's network of tax treaties and its non-taxation of dividend payments or capital gains (except on property). These vehicles are also used for "round-tripping": moving funds abroad and then back home disguised as foreign investment that is eligible for tax breaks. http://www.economist.com/news/finance-and-economics/21574509-effects-cyprus-other-tax-havens-haven-sent Five not-so-convincing ways that tax havens justify their existence - http://qz.com/67532/tax-havens-five-not-so-convincing-justifications/
https://wn.com/Offshore_Financial_Centers_Or_Tax_Havens
The Panama Papers: Victims of Offshore

The Panama Papers: Victims of Offshore

  • Order:
  • Duration: 4:19
  • Updated: 03 Apr 2016
  • views: 1884573
videos
The Panama Papers is a global investigation into the sprawling, secretive industry of offshore that the world's rich and powerful use to hide assets and skirt rules by setting up front companies in far-flung jurisdictions. Based on a trove of more than 11 million leaked files, the investigation exposes a cast of characters who use offshore companies to facilitate bribery, arms deals, tax evasion, financial fraud and drug trafficking. Behind the email chains, invoices and documents that make up the Panama Papers are often unseen victims of wrongdoing enabled by this shadowy industry. This is their story. For more, go to panamapapers.icij.org EXECUTIVE PRODUCER: Hamish Boland-Rudder PRODUCER: Carrie Ching ANIMATION ARTIST: Arthur Jones REPORTER: Will Fitzgibbon NARRATOR: Eleanor Bell Fox SUPPORTED BY THE PULITZER CENTER ON CRISIS REPORTING
https://wn.com/The_Panama_Papers_Victims_Of_Offshore
Mini Law School - Invisible Riches: Offshore Tax Evasion and the Global Crackdown

Mini Law School - Invisible Riches: Offshore Tax Evasion and the Global Crackdown

  • Order:
  • Duration: 1:25:53
  • Updated: 20 Feb 2014
  • views: 1272
videos
Recent studies of international banking data suggest that a staggering amount of global financial wealth (between $US 10 and 20 trillion) is held in "offshore financial centres" or "tax havens", with over $US 5 trillion of such financial wealth being unreported or unidentified. This is despite the fact that governments and international organizations, including the OECD and G20, have aggressively targeted offshore tax evasion since the 2008 financial crisis, with the G20 declaring in 2009 that "the era of banking secrecy is over". In this lecture we will explore the following questions: * What is the nature of the international tax evasion problem, particularly for Canada? * How has the Canadian government enhanced our tax laws and treaty networks to stem the outflow of money? * Is the Canada Revenue Agency doing anything to bring tax evaders to justice? (or is that the job of the CBC?) * Is the era of banking secrecy really over? Presented by Professor Geoffrey Loomer, Schulich School of Law on February 12, 2014. MINI LAW SCHOOL is a free series of engaging public lectures that will give you a taste of what a legal education is all about. There's no cost to attend - and better still, no tests to write - just come with a curious ear to listen to fascinating lectures from some of the law school's most talented faculty. For more information, visit our website: dal.ca/law Thanks for watching!
https://wn.com/Mini_Law_School_Invisible_Riches_Offshore_Tax_Evasion_And_The_Global_Crackdown
The Nomad Trap: How to legally avoid tax as a digital nomad

The Nomad Trap: How to legally avoid tax as a digital nomad

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  • Duration: 7:43
  • Updated: 07 Jan 2017
  • views: 15170
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http://www.nomadcapitalist.com Many location independent entrepreneurs and digital nomads leave their home countries every year, never giving much thought to how or where they'll pay tax. So, where do digital nomads pay tax? It turns out that it might be in your home country. If you don't take the proper steps and fill out the proper forms to become tax non-resident and establish a new "center of life" somewhere outside of your home, you may be on the hook for taxes at home. In fact, a few location independent types discovered this YEARS after leaving, and ended up paying big past tax bills. Ouch! Andrew explains how to avoid "The Nomad Trap" and make sure you LEGALLY avoid paying tax to a country you don't live in, as well as how to make sure you don't get in the tax net somewhere else. ----- ABOUT NOMAD CAPITALIST Andrew Henderson travels to nearly 30 countries every year to stay up to date on the latest legal strategies for entrepreneurs and investors to pay less tax, grow their money faster, and build their personal freedom. Andrew started Nomad Capitalist to help people like you follow his five magic words: "go where you're treated best". He has personally started foreign companies, opened offshore bank accounts, and obtained multiple second passports. He also learned the hard way that perpetual information seeking is often the biggest barrier to getting the results you want. Many entrepreneurs spend months and even years constantly researching how to pay less in tax or live overseas, but are afraid to make the jump. As a result, they get stuck and keep paying a fortune in taxes and never get the lifestyle they deserve. Nomad Capitalist's Youtube channel is based on Andrew's vision that focusing on the end result, rather than the latest shiny object, is the best way to actually obtain the benefits of the Nomad Capitalist lifestyle. About Andrew: http://www.nomadcapitalist.com/about/ Our website: http://www.nomadcapitalist.com Our blog: http://www.nomadcapitalist.com/blog/ Work with Andrew: http://www.holanomad.com/
https://wn.com/The_Nomad_Trap_How_To_Legally_Avoid_Tax_As_A_Digital_Nomad
ICIJ Offshore Leaks Database Tutorial

ICIJ Offshore Leaks Database Tutorial

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  • Duration: 5:01
  • Updated: 22 Oct 2013
  • views: 67734
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Learn how to use the ICIJ Offshore Leaks Database, where you can search information about the ownership of more than 100,000 offshore entities in tax havens and discover the networks around them. http://offshoreleaks.icij.org/ This web application is part of the "Secrecy for Sale" series. Read the articles: http://www.icij.org/offshore UPDATE: In January 23, 2014 ICIJ revealed the names of more than 37,000 tax haven clients from China, Hong Kong and Taiwan, so the Offshore Leaks Database now has no details withheld.
https://wn.com/Icij_Offshore_Leaks_Database_Tutorial
Luxembourg Leaks: Tricks of the Trade

Luxembourg Leaks: Tricks of the Trade

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  • Duration: 3:11
  • Updated: 05 Nov 2014
  • views: 68802
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For more, see: http://www.icij.org/luxleaks Video produced by ICIJ in partnership with the Pulitzer Center.
https://wn.com/Luxembourg_Leaks_Tricks_Of_The_Trade
Can You Still Hide Money in Swiss Banks?

Can You Still Hide Money in Swiss Banks?

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  • Duration: 3:01
  • Updated: 18 Feb 2015
  • views: 365473
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Subscribe! http://bitly.com/1iLOHml Swiss banks have been scrutinized the last few years for alleged unscrupulous business conduct. So what unethical practices are they accused of? Learn More: Tax Justice Report http://www.taxjustice.net/cms/upload/pdf/TUIYC_2012_FINAL.pdf HSBC: Corporate Rap Sheet http://www.corp-research.org/HSBC "Once a staid financial institution with a focus on Asia, HSBC has found itself caught up in recent years in scandals involving predatory lending, tax evasion and the role its lax internal controls have played in helping drug traffickers and organizations said to be linked to terrorist groups." Swiss bank secrecy in toughest test since Nazi gold http://www.reuters.com/article/2008/12/11/us-banking-secrecy-switzerland-idUSTRE4BA0CV20081211 "Nearly one-third of wealth kept abroad globally is in Swiss banks: the Swiss Bankers Association and consultants estimate this at $2.2 trillion, making the Alpine state the globe's biggest offshore center ahead of Britain and Luxembourg." Watch More: How Are US Companies Avoiding Billions in Taxes? https://www.youtube.com/watch?v=-o-zPXB_F6Y Subscribe to TestTube Daily! http://bitly.com/1iLOHml _________________________ TestTube's new daily show is committed to answering the smart, inquisitive questions we have about life, society, politics and anything else happening in the news. It's a place where curiosity rules and together we'll get a clearer understanding of this crazy world we live in. Watch more TestTube: http://testtube.com/testtubedailyshow/ Subscribe now! http://www.youtube.com/subscription_center?add_user=testtubenetwork TestTube on Twitter https://twitter.com/TestTube Trace Dominguez on Twitter https://twitter.com/TraceDominguez TestTube on Facebook https://facebook.com/testtubenetwork TestTube on Google+ http://gplus.to/TestTube Download the New TestTube iOS app! http://testu.be/1ndmmMq Special thanks to Lissette Padilla for hosting TestTube! Check Lissette out on Twitter:https://twitter.com/lizzette
https://wn.com/Can_You_Still_Hide_Money_In_Swiss_Banks
What is OFFSHORE FINANCIAL CENTRE? What does OFFSHORE FINANCIAL CENTRE mean?

What is OFFSHORE FINANCIAL CENTRE? What does OFFSHORE FINANCIAL CENTRE mean?

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  • Duration: 13:08
  • Updated: 19 Apr 2017
  • views: 265
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What is OFFSHORE FINANCIAL CENTRE? What does OFFSHORE FINANCIAL CENTRE mean? OFFSHORE FINANCIAL CENTRE meaning - OFFSHORE FINANCIAL CENTRE definition - OFFSHORE FINANCIAL CENTRE explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. An offshore financial centre (OFC) is a small, low-tax jurisdiction specializing in providing corporate and commercial services to non-resident offshore companies, and for the investment of offshore funds. The term was coined in the 1980s. The International Monetary Fund (IMF) defines an offshore financial centre as "a country or jurisdiction that provides financial services to nonresidents on a scale that is incommensurate with the size and the financing of its domestic economy." Although information is still limited, there is strong evidence that OFCs captured a significant amount of global financial flows and functions both as back doors and partners of leading financial centre especially since the 1970s. Whether a financial centre is to be characterized as "offshore" is a question of degree. Indeed, the IMF Working Paper cited above notes that its definition of an offshore centre would include the United Kingdom and the United States, which are ordinarily counted as "onshore" because of their large populations and inclusion in international organisations such as the G20 and OECD. The more nebulous term "tax haven" is often applied to offshore centres, leading to confusion between the two concepts. In Tolley's International Initiatives Affecting Financial Havens the author in the Glossary of Terms defines an "offshore financial centre" in forthright terms as "a politically correct term for what used to be called a tax haven." However, he then qualifies this by adding, "The use of this term makes the important point that a jurisdiction may provide specific facilities for offshore financial centres without being in any general sense a tax haven." A 1981 report by the United States Internal Revenue Service concluded: "a country is a tax haven if it looks like one and if it is considered to be one by those who care." With its connotations of financial secrecy and tax avoidance, "tax haven" is not always an appropriate term for offshore financial centres, many of which have no statutory banking secrecy, and most of which have adopted tax information exchange protocols to allow foreign countries to investigate suspected tax evasion. Views of offshore financial centres tend to be polarised. Proponents suggest that reputable offshore financial centres play a legitimate and integral role in international finance and trade, and that their zero-tax structure allows financial planning and risk management and makes possible some of the cross-border vehicles necessary for global trade, including financing for aircraft and shipping or reinsurance of medical facilities. Proponents point to the tacit support of offshore centres by the governments of the United States (which promotes offshore financial centres by the continuing use of the Foreign Sales Corporation (FSC)) and United Kingdom (which actively promotes offshore finance in Caribbean dependent territories to help them diversify their economies and to facilitate the British Eurobond market). Opponents view them as draining tax revenues away from developed countries by allowing tax arbitrage, and rendering capital flows into and out of developing countries opaque. Very few commentators express neutral views. Overseas Private Investment Corporation (OPIC), a U.S. government agency, when lending into countries with underdeveloped corporate law, often requires the borrower to form an offshore vehicle to facilitate the loan financing. One could argue that US external aid statutorily cannot even take place without the formation of offshore entities. Offshore finance has been the subject of increased attention since 2000 and even more so since the April 2009 G20 meeting, when heads of state resolved to "take action" against non-cooperative jurisdictions. Initiatives spearheaded by the Organisation for Economic Co-operation and Development (OECD), the Financial Action Task Force on Money Laundering (FATF) and the International Monetary Fund have had a significant effect on the offshore finance industry.
https://wn.com/What_Is_Offshore_Financial_Centre_What_Does_Offshore_Financial_Centre_Mean
OECD Tax Talks #1 - Centre for Tax Policy and Administration

OECD Tax Talks #1 - Centre for Tax Policy and Administration

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  • Duration: 59:37
  • Updated: 16 Jun 2016
  • views: 3177
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With a number of important recent and upcoming developments in the OECD's international tax work, senior members from the OECD's Centre for Tax Policy and Administration (CTPA) gave the latest tax update. Topics included: - The BEPS Project: Developments since the delivery of the BEPS package in October 2015, and the upcoming inaugural meeting of the new BEPS inclusive framework. - Tax transparency: The impact of Panama Papers, and progress towards a global level playing field through enhanced transparency. - The months ahead: Our work programme, and how you can be involved. View the presentation: www.slideshare.net/OECDtax/oecd-tax-talks-1-16-june-2016
https://wn.com/Oecd_Tax_Talks_1_Centre_For_Tax_Policy_And_Administration
Inside the Secretive World of Tax-Avoidance Experts

Inside the Secretive World of Tax-Avoidance Experts

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  • Duration: 1:25:09
  • Updated: 05 May 2016
  • views: 1517
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A behind-the-scenes, eye-witness account of the international wealth management profession from a sociologist who has spent the last eight years researching it, during which time she trained to become a wealth manager and visited 18 offshore jurisdictions. SPEAKERS BROOKE HARRINGTON Associate Professor, Copenhagen Business School (Denmark) PowerPoint: http://www.offshorealert.com/uploadedFiles/Events/OffshoreAlert_Conferences/2016/miami/01%20Inside%20the%20Secretive%20World%20%20of%20Tax-Avoidance%20Experts.pdf
https://wn.com/Inside_The_Secretive_World_Of_Tax_Avoidance_Experts
Offshore Aboard the Tax Man, Port Aransas Texas

Offshore Aboard the Tax Man, Port Aransas Texas

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  • Duration: 6:59
  • Updated: 01 Feb 2017
  • views: 3116
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Hunters Link take you offshore fishing on the Tax Man in Port Aransas Texas to catch Amber Jack and Mako Shark.
https://wn.com/Offshore_Aboard_The_Tax_Man,_Port_Aransas_Texas
Offshore Company Formation - Find Out How

Offshore Company Formation - Find Out How

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  • Duration: 0:59
  • Updated: 22 Apr 2014
  • views: 284
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Setup in Global Offshore Locations - Fast & Easy https://www.youtube.com/user/HKCompanyFormation An offshore company is a legal entity established in a tax haven or offshore financial center, being protected by specific legislation which guarantees a status of partial or full tax exemption. Yearly maintenance fees range from US $100 to US $1500 or more, depending of the type of the company and its jurisdiction. In some jurisdictions, annual company fixed tax is paid to the government such as it is the case with the Republic of Panama. Shareholders and directors of an offshore company may enjoy generally a high level of privacy. In some jurisdictions, offshore companies may trade or do business only outside of the country in order to be tax exempt, while in others companies may do local and international business. The most known type of an offshore company is the IBC or International Business Company, which are often found in offshore jurisdictions. Such a company is usually required to do business with non-residents of the jurisdiction where they are formed, in order to remain tax exempt. The legal restrictions that offshore companies are in some jurisdictions subjected to, generally prevent them from having a fixed establishment in the country where they were incorporated. For this reason, they are mostly used for activities which are not tied to a specific geographic location. This may include brokerage in commodities and goods, intangible e-commerce activities or intellectual property administration. They are also often used as holding companies or as asset protection or investment vehicles for their owners, because of their simplicity of administration, as in vast majority of jurisdictions it is not required to file annual reports or accounts. There are certain countries such as Hong Kong, Singapore, or Uruguay, that apply the so-called territorial tax system. This means that individuals and businesses, both residents and non residents, will be taxed merely on the income sources generated within their territory, while any profits made overseas will be tax exempt. Thus, a company which only conducts business abroad, may generally also be able to operate tax free but, unlike it happens in offshore jurisdictions, they will not operate under any special legislation for non-residents. The fiscal conditions will be exactly the same, regardless of whether the shareholders are residents or non-residents and there is no restriction to conduct business with local individuals or corporations, something that is prohibited in the case of a traditional offshore companies. Most of legitimate uses of Hong Kong offshore companies are: international trading, asset protection, holding company, captive insurance, yacht registration, and legal tax avoidance, protection of intellectual property, succession planning or confidentiality. Source: http://en.wikipedia.org/wiki/Offshore_company http://youtu.be/lpH9hLjFOOE http://youtu.be/lpH9hLjFOOE/ https://www.youtube.com/watch?v=lpH9hLjFOOE https://www.youtube.com/watch?v=lpH9hLjFOOE/ https://www.youtube.com/user/HKCompanyFormation Offshore Company Offshore Company Formation Offshore Company Register company offshore Company setup offshore hong kong company formation, hongkong company formation, company formation hong kong, hong kong offshore company formation belize company formation, company formation belize, belize offshore company formation, cayman islands company formation, cayman company formation, company formation cayman islands, cayman offshore company, cyprus islands company formation, cyrpus company formation, company formation cyprus, cyprus offshore company luxembourg company formation, company formation luxembourg, luxembourg offshore company panama company formation, company formation panama, panama offshore company,
https://wn.com/Offshore_Company_Formation_Find_Out_How
Offshore Corporate Tax Havens and the G20

Offshore Corporate Tax Havens and the G20

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  • Duration: 4:52
  • Updated: 22 Jul 2013
  • views: 182
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Learn innovative methods to allow companies to go green and cut large expenses at the same time. The expenses we reduce are energy bills and federal taxes, using proven win-win methodology for all parties involved. For every $59.24 in tax liability we install one (1) square foot of solar panels on your company's rooftops for $55 and at the same time we eliminate the $59.24 in tax liability using tax credits and depreciation from projects we have previously done. Our company installs the solar panels on your rooftop. We sell the energy generated by the panels, back to your business at 40% less than you are paying right now. In summary, you can go green by installing solar; reduce your federal taxes by $4.24 per sq. ft., and then generate ongoing revenue by cutting your energy costs by 40% on the energy we create. Global plan to curb tax evasion unveiled at G20 meeting - OECD aims to close tax loopholes and allow countries to tax offshore profits - It will never happen.... Contact - http://www.investoffshore.com
https://wn.com/Offshore_Corporate_Tax_Havens_And_The_G20
Offshore Bank Account | Be Careful Where You Open It

Offshore Bank Account | Be Careful Where You Open It

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  • Duration: 2:07
  • Updated: 30 Dec 2014
  • views: 9304
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http://www.offshorecompanyregistration.ae/offshore-banking/offshore-bank-account Offshore bank account: Advantages, where to open, fund transfers, presence required Offshore bank account: Advantages 1. If you are residing in a country that does not have a freely convertible currency an offshore account allows easy travel. 2. You can use your offshore account to buy property or invest in shares and mutual funds. 3. There are many offshore funds that have higher yields because they are taxed at a lower rate. In most cases they are easier to buy via offshore accounts. 4. Offshore bank accounts are generally confidential. However make sure that your offshore tax haven hasn’t entered into a Tax Information Exchange Treaty (TIET) with your home country. Offshore bank account: Where to open There are over 40 countries that offer offshore bank account services by law. Some of the offshore centres that provide bank account services include Guernsey, Cayman Islands, Panama, United Arab Emirates (UAE) and Belize. To provide an additional layer of protection between you and those seeking information about your activities, it is better to open the bank account in the name of an offshore company. Many offshore banks have minimum deposit requirements. Switzerland requires at least US$ 500,000. However UAE has a much lower minimum starting at US$ 10,000. Before you choose the country for your offshore account check: Know Your Client (KYC) documentation required Minimum deposit requirements Whether the offshore jurisdiction has a TIET agreement with your country Confidentiality laws of the offshore jurisdiction Offshore bank account: Funds Post 9/11 banks have become more leery of being prosecuted for money laundering and have become obsessive about the source of funds. They have become reluctant to take large cash deposits and will ask you questions about where your funds are coming from. Be aware that confidentiality doesn’t always mean that your transactions are known only to you. Offshore bank account: Presence In most instances your presence will be required at the time of bank account opening. This is part of the KYC due diligence undertaken by the banks. Seychelles and Mauritius don’t require your presence. Dubai, United Arab Emirates is also a tourist and business destination in addition to being an offshore center. Dubai also has many Swiss banks registered in its financial center. So if you travel to Dubai you are not obviously travelling to a tax haven. Many offshore banks allow internet banking and some also offer credit and debit cards. So you may only need to visit your bank occasionally.
https://wn.com/Offshore_Bank_Account_|_Be_Careful_Where_You_Open_It
Lotte Group has 46 offshore units based in suspected tax havens

Lotte Group has 46 offshore units based in suspected tax havens

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  • Duration: 2:38
  • Updated: 23 Jun 2016
  • views: 315
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롯데그룹 해외법인 18%, 조세피난처 의심국에 운영 What we're learning of Korea's fifth largest conglomerate... as Seoul prosecutors widen their investigation into Lotte Group. Quite a number of its business units overseas are established in countries known as tax havens. With prosecutors already investigating embezzlement and slush fund allegations, the latest finding does nothing but adds more suspicions on Lotte's not-so-transparent business management. Lee Minyoung reports. Korea's fifth largest conglomerate Lotte Group turns out to be running some four dozen offshore units in suspected tax havens,... adding to other issues that have engulfed the embattled group, such as allegations of embezzlement and slush funds. According to the corporate analysis agency Korea 20000 Corporate Research Institute, 46 units out of Lotte's 2-hundred-56 overseas subsidiaries are based in countries known as tax havens as of 2016. That mounts up to 18 percent of all overseas units. Lotte is running 26 affiliates in Hong Kong,...the largest number, followed by Singapore with nine, five in the Netherlands and three in the Cayman Islands. There is also a unit in Luxembourg, Mauritius and the British Virgin Islands each. These countries are usually known as tax havens since businesses are allowed to pay fewer tax if any. And some of these countries are yet to ink tax agreements with Korea, thus making it difficult to track down tax evasion by Korean companies. "Korea has yet to sign a tax agreement with Hong Kong. This means that the company's account details and information on tax payments are mostly untraceable, which could be a hurdle when it comes to investigating the company." The expert added that although there is no concrete evidence pointing at Lotte deliberately choosing tax havens for its overseas units, the finding still raises suspicions on the group's activities. "Lotte group controls a large number of overseas units branched out to these tax havens in many layers...which exhibits a highly complex structure. Also, some strongly suspicious activities were detected, such as building up a hotel in Russia while the controlling company has its office in the Netherlands." Early this month, prosecutors launched an all-out investigation into Lotte over its alleged embezzlement and slush funds. So far, Lotte has denied any wrongdoing. Lee Minyoung, Arirang News. Visit ‘Arirang News’ Official Pages Facebook(NEWS): http://www.facebook.com/newsarirang Homepage: http://www.arirang.com Facebook: http://www.facebook.com/arirangtv Twitter: http://twitter.com/arirangworld Instagram: http://instagram.com/arirangworld
https://wn.com/Lotte_Group_Has_46_Offshore_Units_Based_In_Suspected_Tax_Havens
Southern Poverty Law Center: Fleecing the Gullible and Lining Its Offshore Accounts

Southern Poverty Law Center: Fleecing the Gullible and Lining Its Offshore Accounts

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  • Duration: 6:25
  • Updated: 08 Sep 2017
  • views: 305
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SPLC Sends Millions to Opaque Offshore Tax Havens News that Morris Dee’s Southern Poverty Law Center (SPLC) transferred some $5 million offshore in 2014 caught many by surprise. For example, tax expert Amy Sterling Casil, CEO of the nonprofit consulting firm Pacific Human Capital, upon learning of the transactions, said: I’ve never known a U.S.-based nonprofit dealing in human rights or social services to have any foreign bank accounts.… I am stunned to learn of transfers of millions to offshore bank accounts. It is a huge red flag and would [be] completely unacceptable to any wealthy, responsible, experienced board member who was committed to a charitable mission who I ever worked with. It is unethical for any U.S.-based charity to invest large sums overseas. I know of no legitimate reason for any U.S.-based nonprofit to put money in overseas, unregulated bank accounts. ... https://www.thenewamerican.com/usnews/crime/item/26848-splc-sends-millions-to-opaque-offshore-tax-havens ====================================================== Support this channel with Patreon: https://www.patreon.com/Headlines_With_A_Voice One-time support offerings may be sent to the following email address using PayPal: headlineswithavoice@gmail.com NOTE: Alternate sites where you may access my daily narrated news are listed below. Thank you, Headlines With A Voice https://www.bitchute.com/channel/headlines-with-a-voice/ https://vid.me/1HeadlinesWithAVoice https://headlineswithavoice.com ====================================================== The narration of this article does not constitute an endorsement of its contents or point of view, by this channel. Our viewers and subscribers are encouraged to draw their own conclusions. FAIR USE NOTICE: This video may contain copyrighted material. Such material is made available for educational purposes only. This constitutes a 'fair use' of any such copyrighted material as provided for in Title 17 U.S.C. section 106A-117 of the U.S. Copyright Law.
https://wn.com/Southern_Poverty_Law_Center_Fleecing_The_Gullible_And_Lining_Its_Offshore_Accounts
Exploring Issues In Tax Policy - Tax 101: An Overview of Taxation

Exploring Issues In Tax Policy - Tax 101: An Overview of Taxation

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  • Duration: 57:04
  • Updated: 08 Nov 2011
  • views: 1182
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Dr. Garett Jones Professor of Economics George Mason University Taxation has always been a major part of American politics and continues to be the focus for debate and discussion, especially when reform is desired. To understand this complex issue the Mercatus Center at George Mason University is pleased to present a three-day course on current tax policy and past reform movements. Lawmakers strive to create "the best" tax systems, but policies may yield surprising results in practice. To better comprehend the basics of taxation, Dr. Garett Jones of George Mason University reviews the current tax system from an economic perspective and explore how shifts in tax policy affect individual behavior and the economy as a whole in Tax 101: An Overview of Taxation. Today, presidential candidates clamor to voice their opinions on tax policy while Representative Rangel's tax proposal offers some of the most ambitious reforms of recent years. Similarly, the Tax Reform Act of 1986 provided for some of the most extensive changes in recent decades. Dr. Jones will return to present Sweeping Changes: Tax Reform in 1986 as an overview of this historical piece of bipartisan legislation to discuss how the economic conditions and political players of the time induced policy change and find out what lessons lawmakers can learn from this period. Additionally, debate in tax reform persists as concerns about tax loopholes, offshore accounts and the global competitiveness of American enterprise continue. Consequently, changes in corporate tax policy are often highlighted as ways to address these issues. Yet such reforms may affect how businesses and individuals invest their time and resources. Professor Daniel Shaviro, a leading scholar on taxation from New York University Law School analyzes how the various elements of the U.S. corporate tax system operate as a whole while describing how these policies affect the U.S. economy with Elements of Corporate Taxation. Help us caption & translate this video! http://amara.org/v/CNF7/
https://wn.com/Exploring_Issues_In_Tax_Policy_Tax_101_An_Overview_Of_Taxation
Southern Poverty Law Center Transfers $Millions in Cash to Offshore Entities

Southern Poverty Law Center Transfers $Millions in Cash to Offshore Entities

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  • Duration: 3:39
  • Updated: 01 Sep 2017
  • views: 115
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Southern Poverty Law Center Transfers $Millions in Cash to Offshore Entities The Southern Poverty Law Center (SPLC), a liberal, Alabama-based 501(c)(3) tax-exempt charitable organization that has gained prominence on the left for its "hate group" designations, pushes millions of dollars to offshore entities as part of its business dealings, records show. Additionally, the nonprofit pays lucrative six-figure salaries to its top directors and key employees while spending little on legal services despite its stated intent of "fighting hate and bigotry" using litigation, education, and other forms of advocacy. The Southern Poverty Law Center is perhaps best known for its "hate map," a collection of organizations the nonprofit deems "domestic hate groups" that lists mainstream conservative organizations alongside racist groups such as the Ku Klux Klan and is often referenced in the media. A gunman opened fire at the Washington, D.C., offices of the conservative Family Research Council in 2012 after seeing it listed as an "anti-gay" group on SPLC's website. The SPLC has turned into a fundraising powerhouse, recording more than $50 million in contributions and $328 million in net assets on its 2015 Form 990, the most recently available tax form from the nonprofit. SPLC's Form 990-T, its business income tax return, from the same year shows that they have "financial interests" in the Cayman Islands, British Virgin Islands, and Bermuda. No information is available beyond the acknowledgment of the interests at the bottom of the form. However, the Washington Free Beacon discovered forms from 2014 that shed light on some of the Southern Poverty Law Center's transfers to foreign entities. The SPLC's Form 8865, a Return of U.S. Persons With Respect to Certain Foreign Partnerships, from 2014 shows that the nonprofit transferred hundreds of thousands to an account located in the Cayman Islands. SPLC lists Tiger Global Management LLC, a New York-based private equity financial firm, as an agent on its form. The form shows a foreign partnership between the SPLC and Tiger Global Private Investment Partners IX, L.P., a pooled investment fund in the Cayman Islands. SPLC transferred $960,000 in cash on Nov. 24, 2014 to Tiger Global Private Investment Partners IX, L.P, its records show. The SPLC's Form 926, a Return by a U.S. Transferor of Property to a Foreign Corporation, from 2014 shows additional cash transactions that the nonprofit had sent to offshore funds. The SPLC reported a $102,007 cash transfer on Dec. 24, 2014 to BPV-III Cayman X Limited, a foreign entity located in the Cayman Islands. The group then sent $157,574 in cash to BPV-III Cayman XI Limited on Dec. 31, 2014, an entity that lists the same PO Box address in Grand Cayman as the previous transfer. The nonprofit pushed millions more into offshore funds at the beginning of 2015. On March 1, 2015, SPLC sent $2,200,000 to an entity incorporated in Canana Bay, Cayman Islands, according to Securities and Exchange Commission (SEC) records and run by a firm firm based in Greenwich, Ct. Another $2,200,000 cash transfer was made on the same day to another fund whose business is located at the same address as the previous fund in the Cayman Islands, according to SEC records. No information is contained on its interests in Bermuda on the 2014 forms. SPLC's financial stakes in the British Virgin Islands were not acknowledged until its 2015 tax form. Lucinda Chappelle, a principal at Jackson Thornton, the public accounting firm in Montgomery, Ala., that prepared the SPLC's tax forms, said she does not discuss client matters and hung up the phone when the Free Beacon contacted her in an attempt to get the most updated forms from the group in relation to its foreign business dealings. Tax experts expressed confusion when being told of the transfer. "I've never known a US-based nonprofit dealing in human rights or social services to have any foreign bank accounts," said Amy Sterling Casil, CEO of Pacific Human Capital, a California-based nonprofit consulting firm. "My impression based on prior interactions is that they have a small, modestly paid staff, and were regarded by most in the industry as frugal and reliable. I am stunned to learn of transfers of millions to offshore bank accounts. It is a huge red flag and would have been completely unacceptable to any wealthy, responsible, experienced board member who was committed to a charitable mission who I ever worked with." "It is unethical for any US-based charity to invest large sums of money overseas," said Casil. "I know of no legitimate reason for any US-based nonprofit to put money in overseas, unregulated bank accounts." "It seems extremely unusual for a ‘501(c)(3)' concentrating upon reducing poverty in the American South to have multiple bank accounts in tax haven nations," Charles Ortel, a former Wall Street analyst and financial advisor who helped uncover a 2009 financial scandal at General Electric,
https://wn.com/Southern_Poverty_Law_Center_Transfers_Millions_In_Cash_To_Offshore_Entities
Panama Papers: Inside the shady world of tax havens - Counting the Cost

Panama Papers: Inside the shady world of tax havens - Counting the Cost

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  • Duration: 26:01
  • Updated: 10 Apr 2016
  • views: 7511
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The Panama Papers shocked the world this week when a massive leak of 11.5 million tax documents exposed the secret dealings of hundreds of thousands of people, including world leaders and celebrities, and how they use shady financial mechanisms to avoid paying taxes and hide their wealth. Linking at least 12 current and former heads of state and 143 politicians to illicit financial transactions, the documents revealed how Mossack Fonseca, a Panama-based law firm, allegedly used banks, law firms and offshore shell companies, from 1977 to the end of 2015, to help hide its clients assets. While the disclosures have since led to the resignation of one world leader, Sigmundur Davio Gunnlaugsson, the Icelandic prime minister; the problem goes beyond mere individuals. The Panama Papers have exposed that most of the work Mossack Fonseca and the rest of the wealth-management industry do is perfectly legal. On this special edition of Counting the Cost, we take a closer look at tax havens and the legality behind them. Alex Cobham, a director of research at the Tax Justice Network, joins the programme to discuss the loopholes that allow tax-dodging. Stewart Patton, a US tax attorney based in Belize City, discusses the possible fallout for tax havens following the release of the Panama Papers. We also speak to James S Henry, a senior fellow at Columbia University's Center for Sustainable Investment, about the absence of American billionaires and companies on the leaked list and how the US, the world's biggest economy, is surprisingly a top tax haven. More from Counting the Cost on: YouTube – http://youtube.com/show/countingthecost Website - http://aljazeera.com/programmes/countingthecost/
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Obama Criticized Loopholes That Help Protect Offshore Tax Haven

Obama Criticized Loopholes That Help Protect Offshore Tax Haven

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  • Duration: 0:55
  • Updated: 05 Apr 2016
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President Obama on Tuesday criticized loopholes that help protect offshore tax havens and U.S. companies that move abroad for lower tax rates. "A lot of these loopholes come at the expense of middle class families," Obama said during the White House press briefing adding that such companies are "gaming the system." The president's comments come on the heels of the Treasury Department's new package of rules aimed at making "tax inversions" — when U.S. companies move abroad for lower tax rates — less financially appealing. http://feeds.nbcnews.com/c/35002/f/663303/s/4ebd37ca/sc/24/l/0L0Snbcnews0N0Cnews0Cus0Enews0Ctreasury0Elooks0Ecompanies0Elowering0Etax0Erates0Emoving0Eabroad0En550A936/story01.htm http://www.wochit.com This video was produced by YT Wochit News using http://wochit.com
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Apple's dirty little tax secret - APPLE NEWS

Apple's dirty little tax secret - APPLE NEWS

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  • Duration: 8:19
  • Updated: 29 May 2013
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-Technology Videos- Apple's dirty little tax secret Tax avoidance Apple Technology sector Apple US senators and tax law professors have accused Apple of multi-billion-dollar tax avoidance -- shifting billions of dollars of profits to Ireland where Apple has found a way to pay little or no tax. Apple boss Tim Cook disagrees. He insists there is no shifting going on, and that profits earned by Apple's Irish operations are down to the hard work and expertise of almost 4,000 staff in Cork. The Guardian went to the Emerald Isle to test these competing claims Read the full article at: http://www.guardian.co.uk/technology/video/2013/may/29/apples-dirty-little-tax-secret-video#ixzz2UidgnEF0 apple,apple store locator,apple stocks,apple stock quote,apple website,apple shares,apple history,buy apple stock,apple updates,apple trade in,apple news,tim cook apple,tim cooke,Computing,computer software engineer,computer programming,cloud computing,computer programmer,computer engineering colleges,computer engineering,computer forensics,computer technology,computer degrees,computer information,computer schools apple camera apple desk top apple stock quote today stock quote apple apple live chat apple store omaha apple iwatch buy apple black friday apple apple cm apple netbook apple application apple watch apple ringtones apple retailers stock market today iwatch apple apple store location apple repairs find apple store apple store sales apple store philadelphia apple homepage apple pro apple refurb store itv apple apple hdmi adapter apple help desk how much are apple stocks cost of apple stock apples apple story apple television current price of apple stock apple 4g apple stock news stock price history apple store tucson apple tutorials apple itv apple stock value apple iphone4 stocks for apple apple bluetooth headset apple iphones apple official website apple refurb stock price aapl apple store online apple store nyc apple black friday apple complaints aapl stock quote real time apple speakers apple product apple educator discount apple desktops apple case apple inc stock apple usa apple applications apple site apple bluetooth apple sale stock price apple apple appstore apple home page apple insurance stock market apple apple ipad2 apple tv appl stock quotes aapl appl e apple aps apple bumper case apple bottom aapl stock market apple chargers apple stock predictions apple i phones apple promo code apple stre apple stocks history apple education apple coupon app store apple www.appl shop apple apple classes current apple stock price apple parts apple ap store education apple apple magazine apple numbers apple store discount apple bumper apple coupons apple jobs apple stock today apple stock history chart apple 2 apple number apple finance apple store discounts wwww.apple.com apple 4g phone apple warranty check apple i apple help line apple financing buy apple shares apple stock price today wholesale apple products apple s apple charger online apple store apple app apple phones apple deals apple ios apple wholesale apple cases aapl stock prices apple stocks today www.apple store.com apple car charger apple stock price history apple stock market apple stoe www.apple stock prices for apple apple update apple cell phone apple forums apple shop apple.c apple pictures apple company apple military discount apple apps apple troubleshooting apple stock prices cheap apple products apple trade in how much is apple stock apple electronics apple.ocm official apple website apple store apple.cp apple updates new apple products apple stock history appled buy apple stock apple.con apple locations appl.com apple web site apple sales apple.cpm apple comp apple.om apple computors apple.co apple history apple discounts apple shares apple store.com apple.comn www.apple.cpm apple discount apple.com apple online store www.apple.co apple.coom àpple inc apple.cpom apple.xom apple website ww.apple.com appl.ecom apple products apple.copm apple stock quote apple stocks apple app store apple stores apple desktop apple store locator apple store website apple atore
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Offshore Finance Centers and Tax Havens  The Rise of Global Capital Ichor Business Books

Offshore Finance Centers and Tax Havens The Rise of Global Capital Ichor Business Books

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  • Duration: 0:37
  • Updated: 27 Apr 2017
  • views: 1
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Offshore Finance Centers and Tax Havens  The Rise of Global Capital Ichor Business Books

Offshore Finance Centers and Tax Havens The Rise of Global Capital Ichor Business Books

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  • Duration: 0:37
  • Updated: 29 Mar 2017
  • views: 0
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Can You Still Hide Money in Swiss Banks?

Can You Still Hide Money in Swiss Banks?

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  • Duration: 3:01
  • Updated: 18 Feb 2015
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Subscribe! http://bitly.com/1iLOHml Swiss banks have been scrutinized the last few years for alleged unscrupulous business conduct. So what unethical practices are they accused of? Learn More: Tax Justice Report http://www.taxjustice.net/cms/upload/pdf/TUIYC_2012_FINAL.pdf HSBC: Corporate Rap Sheet http://www.corp-research.org/HSBC "Once a staid financial institution with a focus on Asia, HSBC has found itself caught up in recent years in scandals involving predatory lending, tax evasion and the role its lax internal controls have played in helping drug traffickers and organizations said to be linked to terrorist groups." Swiss bank secrecy in toughest test since Nazi gold http://www.reuters.com/article/2008/12/11/us-banking-secrecy-switzerland-idUSTRE4BA0CV20081211 "Nearly one-third of wealth kept abroad globally is in Swiss banks: the Swiss Bankers Association and consultants estimate this at $2.2 trillion, making the Alpine state the globe's biggest offshore center ahead of Britain and Luxembourg." Watch More: How Are US Companies Avoiding Billions in Taxes? https://www.youtube.com/watch?v=-o-zPXB_F6Y Subscribe to TestTube Daily! http://bitly.com/1iLOHml _________________________ TestTube's new daily show is committed to answering the smart, inquisitive questions we have about life, society, politics and anything else happening in the news. It's a place where curiosity rules and together we'll get a clearer understanding of this crazy world we live in. Watch more TestTube: http://testtube.com/testtubedailyshow/ Subscribe now! http://www.youtube.com/subscription_center?add_user=testtubenetwork TestTube on Twitter https://twitter.com/TestTube Trace Dominguez on Twitter https://twitter.com/TraceDominguez TestTube on Facebook https://facebook.com/testtubenetwork TestTube on Google+ http://gplus.to/TestTube Download the New TestTube iOS app! http://testu.be/1ndmmMq Special thanks to Lissette Padilla for hosting TestTube! Check Lissette out on Twitter:https://twitter.com/lizzette
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The Panama Papers Lard Nazir Panama paper Leaks 4

The Panama Papers Lard Nazir Panama paper Leaks 4

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  • Duration: 3:01
  • Updated: 09 Apr 2016
  • views: 22
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The Panama Papers Lard Nazir Panama paper Leaks 4 quantity of leaked data greatly exceeds the Wikileaks Cablegate leak in 2010 (1.7 GB), Offshore Leaks in 2013 (260 GB), the 2014 Lux Leaks (4 GB), andminister Christine Lagarde Luxembourg Leaks Offshore financial center Offshore leaks Tax haven Panama Papers "« SwissLeaks » : the backstory of a worldwide 5 KB (454 words) - 09:40, 9 April 2016 Luxembourg Leaks (sometimes shortened to Lux Leaks or LuxLeaks) is the name of a financial scandal revealed in November 2014 by a journalistic investigation 45 KB (4,583 words) - 09:39, 9 April 2016
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What is OFFSHORE INVESTMENT? What does OFFSHORE INVESTMENT mean? OFFSHORE INVESTMENT meaning

What is OFFSHORE INVESTMENT? What does OFFSHORE INVESTMENT mean? OFFSHORE INVESTMENT meaning

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  • Duration: 7:49
  • Updated: 20 Apr 2017
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What is OFFSHORE INVESTMENT? What does OFFSHORE INVESTMENT mean? OFFSHORE INVESTMENT meaning - OFFSHORE INVESTMENT definition - OFFSHORE INVESTMENT explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. Offshore investment is the keeping of money in a jurisdiction other than one's country of residence. Offshore jurisdictions are a commonly accepted means of reducing the taxes levied in most countries to both large and small-scale investors alike. Poorly regulated offshore domiciles have served historically as havens for tax evasion, money laundering, or to conceal or protect illegally acquired money from law enforcement in the investor's country. However, the modern, well-regulated offshore centres allow legitimate investors to take advantage of higher rates of return or lower rates of tax on that return offered by operating via such domiciles. The advantage to offshore investment is that such operations are both legal and less costly than those offered in the investor's country - or "onshore". Locations favored by investors for low rates of tax are known as offshore financial centers or (sometimes) tax havens. Offshore centers are widely used and are accessible to anyone who can meet the minimum investment amount or pay the obligatory fees required to open such an entity. Investopedia indicates that, "More than half of the world's assets and investments are held in offshore jurisdictions and many well-recognized companies have investment opportunities in offshore locales." Payment of less tax is the driving force behind most 'offshore' activity. Due to the use of offshore centers, investors are able to conduct investment activities in a more profitable fashion. Often, taxes levied by an investor's home country are critical to the profitability of any given investment. Using offshore-domiciled special purpose mechanisms (or vehicles) an investor may reduce the amount of tax payable, allowing the investor to achieve greater profitability overall. Another reason why 'offshore' investment is considered superior to 'onshore' investment is because it is less regulated, and the behavior of the offshore investment provider, whether he be a banker, fund manager, trustee or stock-broker, is freer than it could be in a more regulated environment. Offshore investing includes investment strategies outside of an investor's home country. Investment opportunities in money-market, bond and equity assets are available through offshore companies. One may also charter an offshore corporation to provide a legal personality, limited liability, transferable shares, a centralized management, and shared ownership. In some cases the investment advantages of such a corporation are offset by legal, corporate and account registration fees imposed by the country in which the offshore account is established. Further, the officers of the corporation may be required to establish residence, own real estate, or meet an investment minimum (depending upon the country this may range up to $1 million). An advantage which accrues from establishing a corporate structure is that although a citizen may be proscribed from establishing an offshore account, they can establish a corporation that can do so. Motivations for investment offshore include: 1. Tax advantages - tax regulations often contain provisions to protect against taxation by multiple jurisdictions which can be exploited for legal tax reductions. Nations intentionally attract business investments through lower tax rates. The corporate-tax trend over the period from 1980 to 2010 has trended lower, with the top rate in OECD countries (excluding America) moving from 51% to 32%. Investing in such an environment can improve the investor's rate of return on investment. 2. Investment diversification - risk can be managed by diversifying investments among a wider range of options than are available for onshore investment.
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