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The Liechtenstein Foundation of 1926

The Liechtenstein foundation has its legal basis in the Persons and Company Law (PGR – Personen- und Gesellschaftsrecht) of January 20, 1926, and is extremely flexible as it may pursue any lawful purpose.

Switzerland Became the First True Tax Haven in 1918

Switzerland was the first ‘true’ tax haven and became a tax haven immediately following World War I.

The First Self Managed Super Fund was Established in 1915

The first SMSFs were established in 1915 to take advantage of the original tax exemption for super funds in the 22-page Income Tax Assessment Act 1915.

Delaware Incorporation Legislation Enacted in 1899

The General Corporation Law (Title 8, Chapter 1 of the Delaware Code) is the statute governing corporate law in the U.S. state of Delaware.

The Farm Horse Tax of 1797

In 1797 Great Britain introduced a farm horse tax on horses and mules that were used in husbandry or trade.

The Clock Tax of 1797

The Duties on Clocks and Watches Act 1797 was an Act passed by the Parliament of Great Britain instituting a tax on clocks and watches.

The Hair Powder Tax of 1795

The tax on hair powder is one of several taxes William Pitt the Younger introduced in Great Britain to help fund the Napoleonic wars with France.

The Glove Tax of 1785

As Britain’s 1784 tax on hats was such a lucrative revenue raiser for the government, they decided to complement it with a glove tax. 

The Brick Tax of 1784

The brick tax was a tax on bricks and tiles introduced in Great Britain during King George III’s reign to help pay for the wars in the American Colonies.

1784 - The Hat Tax

In 1784 Pitt the Younger introduced a tax on men’s hats to raise government revenue.

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