Category: Tax Havens
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Dubai IFC & UAE Offshore Tax Haven
Dubai is without a doubt the most exciting International Finance Centre in the world and although a relative start-up as an offshore tax havens, it’s rapidly become the most dynamic banking and financial hub of the United Arab Emirates (UAE). Dubai has now grown big enough in the global banking scene to earn it’s own…
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Avoiding IRS Tax Controversy
Perfect planning avoids IRS controversies. In 2010 the Tax Court ruled that your long time CPA or attorney is no longer “independent.” His/her advise no longer protects taxpayers from excessive tax penalties. Taxpayers relying on an accountants or attorney’s advice regarding international transactions and cross border estates planning are not protected when the adviser is…
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Hong Kong – the right place at the right time
Hong Kong (HKSAR) – With the Prime Minister of Canada, Mr Stephen Harper, about to set off for an official visit to China this month, the Director of the Hong Kong Economic and Trade Office (HKETO) in Toronto, Ms Gloria Lo, on February 1 (Vancouver time) described Hong Kong as the right gateway for the…
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Guernsey business community to benefit from global expert
One of the world’s leading experts in financial services regulation and financial crime in offshore centres will give a talk to business leaders next month. Stephen Platt, a professor in law at Washington DC’s Georgetown University, who is based in Jersey, will talk to senior members of the trust and fiduciary industry including managing directors…
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Statement from Geoff Cook, Jersey Finance, relating to recent comments by Ed Miliband
We have noted with disappointment the comments made by the leader of the opposition, Ed Miliband, over the weekend, in which he urges action by the EU against British Crown Dependencies, including Jersey. It is disappointing when political leaders choose to make inaccurate accusations about Jersey which do not reflect the positive contribution that Jersey…
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Cyprus – A Gateway to European Success
Few jurisdictions in Europe can truly act as an economic bridge between West and East. Cyprus can certainly lay claim to such a position, and just might prove to be the fundamental economic ace card in the years ahead. Cyprus’ geographical location makes it more than just a hub for trade and ideal for so…
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British Virgin Islands Offshore Business Rises
The British Virgin Islands Financial Services Commission has published statistics on the islands’ financial services industry for the second and third quarters of 2011, showing that business activity increased last year. Business incorporations and registrations, at 17,056 in Q3, showed improvement on Q2 registrations and incorporations of 15,689. This was a marked increase on that…
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Ring in the New Year at The Ritz-Carlton, Dubai International Financial Centre
Enjoy Exquisite Dining Events at One of the Premier Luxury Hotels in Dubai DUBAI, UNITED ARAB EMIRATES, Dec 27, 2011 — An opulent retreat in one of the world’s most sought-after destinations, The Ritz-Carlton, Dubai International Financial Centre welcomes guests to celebrate the season in high-style with an array of events sure to delight and…
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Investing Offshore: Why Brits Invest in the Channel Islands
The Channel Islands are well-known as a place where individuals and companies from Britain often choose to invest their hard-earned cash. They are an example of an offshore financial centre; but what exactly is an offshore financial centre and what are the benefits of placing your money there? Are there any pitfalls to watch out…