Invest Offshore

Category: Tax Havens

  • Using Offshore Tax Havens for Privacy & Profit

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    Aaron
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    Editorial Review Why invest abroad? Today, growing numbers of investors are convinced that the U.S. is no longer the land of safety or opportunity when it comes to investments. They recommend that you research the country to which you entrust your holdings as carefully as you do your broker, banker, bond ratings or any investment.…

  • Offshore Investors Beat EU Directive to Avoid Tax

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    Aaron
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    Tens of thousands of investors with money tied up in offshore financial centres have been successfully exploiting loopholes in the new EU savings directive to avoid tax. Only €100m (£69m) was raised by Switzerland in the first six months of the new law’s operation. Over the same period, Jersey raised just £9m and Guernsey just…

  • Jersey’s Finance Sector Roars Ahead

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    Aaron
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    Jersey’s fund sector grew by a stunning 50% in the last year and now services more than 1,000 funds with net asset value of GBP156 billion, reports Jersey Finance. The key highlights across all sectors are as follows: Bank deposits increased by GBP3.3 billion (1.8%) to £188 billion over the first quarter of 2006. The…

  • EU Tax on Offshore Savings Falls Flat

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    Aaron
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    Europe’s 14-year struggle to tax its citizens’ offshore savings has flopped, after investors in countries such as Switzerland and Luxembourg exploited loopholes in a controversial savings law. In the first six months of the law’s operation, Switzerland ­ the world’s leading offshore financial centre ­ raised only €100m in withholding taxes on the vast savings…

  • Beijing for Hong Kong IFC

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    Aaron
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    Leaders affirm the central government has been attaching great importance to and supporting the financial development of Hong Kong. They pledged that the central government will actively take measures that would be favorable for the development of Hong Kong’s financial industry, the consolidation of Hong Kong’s status as an international financial center and the cooperation…

  • Qatar Regulatory Authority Signs MOU with Jersey FSC

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    Aaron
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    The Qatar Regulatory Authority announced today that the Regulatory Authority has entered into a Memorandum of Understanding (“MoU”) with the Jersey Financial Services Commission (“JFSC”). The MoU formalises arrangements for cooperation and information sharing between the two regulators. The Qatar Financial Centre Authority (QFC Authority) is a business and financial centre located in Doha, providing…

  • Academic Research Shows Tax Havens Benefit the Global Economy

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    Aaron
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    Competition Between Nations Lead to Better Policy, Better Economic Performance – Tax Havens Benefit (Washington, DC, Monday, June 12, 2006) – The Center for Freedom and Prosperity Foundation today released a research paper, entitled “Tax Havens, Tax Competition and Economic Performance,” which finds, through a review of the recent scholarly literature, that low-tax jurisdictions promote…

  • US And Switzerland Work Towards Closer Trade Relationship

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    Aaron
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    US Trade Representative Rob Portman and Swiss Federal Councillor Joseph Deiss last Thursday signed the US-Switzerland Trade and Investment Cooperation Forum Agreement. This agreement establishes a new forum for the United States and Switzerland to discuss bilateral trade and related issues and examine ways to strengthen their economic relationship. “Today’s agreement will provide a vehicle…

  • Tax Haven Guide

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    Aaron
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    Editorial Review The Complete Tax Haven Guide: Financial Freedom Through Global Investing by Adam Starchild Tax havens are one of the most important subjects for an international entrepreneur or investor, yet few understand and use them properly. One group discount them as hiding holes for dirty money, which is not a legitimate use for tax…