Author: Aaron
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Global investment flowing through tax havens grows by $700bn
The portion of global investment flowing through tax havens has risen by $700bn in two years, according to an analysis by ActionAid. The NGOs evaluation of data from the International Monetary Fund evidences a 5% increase in investment moving through tax havens between 2013 and 2015, from $11.8tn to $12.5tn. ActionAid said this growth was…
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PRC Offshore Investor Strategy
[box]The best return on offshore investment is achieved in a legal structure, with an investors program in accordance to the policies, procedure and process of statutory law, regulatory reporting and intergovernmental agreements. Our strategy uses pension law and retirement plan regulations.[/box] There is no off-the-shelf product that achieves the exempt from reporting foreign financial institution…
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Your Foreign Company and Tax
Word is that Morgan Stanley in NYC has reduced their Wealth Manager staff by 15% because a) Annual filing of data to automatic report in compliance to the OECD Common Reporting Standard is a minimum cost annually of $600.00 per account and they have 2.5 Trillion under management, so you can just imagine the reporting costs;…
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The US Economy is Rolling Over
[box type=”alert”]Yet another “unmassaged” data point has shown that the US economy is rolling over.[/box] If you’ve been reading me for a while you know that one of my biggest pet peeves is the fact that headline US economic data (GDP growth, unemployment, inflation, etc.) is massaged to the point of being fiction. For this…
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Chinese companies unite in sending Chinese New Year greetings from the large digital screens overlooking New York’s Times Square
NEW YORK, Feb. 6, 2017 /PRNewswire/ — It was not much more than a year ago that Chinese companies started to make the more than the occasional appearance at New York’s Times Square, the world’s most valued location for businesses, fashion leaders and promoters of culture who want to make a splash. For Chinese companies,…
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Overseas Territories of the USA
U.S. Census Bureau Daily Feature for February 6: Overseas Territories WASHINGTON, Feb. 6, 2017 /PRNewswire-USNewswire/ — Following is the daily “Profile America” feature from the U.S. Census Bureau: OVERSEAS TERRITORIES Profile America — Monday, February 6th. On this date in 1899, the Senate ratified the Treaty of Paris, concluding the Spanish-American War of 1898. The…
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U.S. News & World Report Releases 2017 Best Hotels Rankings
– Chicago’s The Langham is the Best Hotel in the USA – WASHINGTON, Feb. 2, 2017 /PRNewswire-USNewswire/ — U.S. News & World Report, the global authority in rankings and consumer advice, today announced the 2017 Best Hotels. The rankings evaluate more than 3,000 luxury hotels across the USA, the Caribbean (now including Havana, Cuba), Canada and…
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Dr. Iris Mack’s Book – A Wall Street Bailout for Main Street – Shows Novice Investors How to Make Money by “Renting” Stocks
Everyone has heard of the lucrative investments of Wall Street professionals. But Dr. Iris Mack is here to help the average person with her new book, titled A Wall Street Bailout for Main Street. NEW ORLEANS — With her third published book, titled A Wall Street Bailout for Main Street, Dr. Iris Mack aims to help…