Category: Asset Protection
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Her Majesty’s Overview of the Offshore Investment Market
Despite the term ‘offshore investment’ being widely used in policy and political discourse to describe the investment of capital outside an investor’s jurisdiction of residence, representatives of banks were keen to point out that it is a very broad term open to different interpretations. Indeed, during many of the qualitative interviews conducted with representatives of…
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Corporatize your Offshore Capital Structure
[box]AML & KYC are the first issues for consideration, when planning an Offshore Capital Structure.[/box] The best course of action to ring-fence liability, is this ORS/402(b) program. FATCA and the Automatic Exchange of Financial Information reporting rules are enforced now. The PRC has the same rules about foreign financial account reporting as does the USA.…
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NerdWallet Announces the Best Banking Products for 2017
NerdWallet’s 2017 Best-of Awards Program Recognizes the Top Banking Products That Deliver Outstanding Consumer Value SAN FRANCISCO, Feb. 13, 2017 /PRNewswire/ — NerdWallet, the go-to personal finance resource, announced the winners of its 2017 Best-of Awards Program for banking products today. In its second year, the NerdWallet Best-of Awards Program recognizes industry-leading options for consumers across…
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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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Investing Offshore requires forward thinking
Donald Trump’s Fiscal Tax Plan will increase the ultimate yield on your corporate projects and investments offshore. Trump’s plan scraps dividend tax and at the same time it scraps the foreign bank interest tax exemption. Which means, for example, bank lending overnight from the Cayman is redundant / irrelevant. ”Tax Havens” such as Cayman, Bermuda,…
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Criminal sanctions may apply to an offshore escrow account
Beware of FATCA! It has recently come to our attention that some people have mistakenly been recommended to use an Escrow Account for privacy of overseas financial transactions. Criminal sanctions would apply to any U.S. Person use of an Escrow Account for the purpose of secrecy. Any U.S. Person participation, interest, legal right, beneficial ownership,…
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Offshore Capital Structure White Paper
The Only Type of Foreign Financial Account that U.S. Persons can use for Deferral of Income and Carried Interest on Capital Overseas This deferred income international retirement plan is formally recognized under the Foreign Account Tax Compliance Act (FATCA), Common Reporting Standard (CRS), Automatic Exchange of Information (AEoI) and specifically mentioned in Double Tax Agreements…
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Charitable Remainder Trust Problems
Charitable Remainder Trust Overview: 1) Trust status cannot extend to beneficiaries and participants The point for all to grasp is that whatever the legal, juridical and tax status of funding structures, that status cannot extend to beneficiaries and participants as individuals. That is why a trust is quite useless to beneficiaries and participants. Besides it…
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Trump as President-Elect: Top 10 Year-End Tax Planning Tasks, according to McManus & Associates
Top AV-rated attorney releases immediate to-do list with annual estate planning opportunities and strategies based on President-Elect Trump’s pre-election tax platform NEW YORK, NY – November 18, 2016 – In light of Donald Trump’s election and his pre-election platform to reduce marginal income tax rates, there are several planning strategies that should be considered as…