Posted on 11/24/2017 2:05 PM By Roydon
Businesses choose Delaware simply because of their flexible corporate laws, highly respected Court of Chancery, and a business-friendly State Government.
Posted on 11/17/2017 2:45 PM By Roydon
Without political and economic stability, no amount of tax inducement can bring in outside investors. The political and economic stability of tax havens like Switzerland are a magnet for huge capital inflows.
Posted on 11/3/2017 11:30 AM By Roydon
Bank secrecy is a legal requirement in most tax havens and this prohibits banks providing authorities personal and account information about their customers.
Posted on 10/27/2017 12:16 PM By Roydon
The Cook Islands claims to be the first country to have enacted an explicit asset protection law (in 1989 with its International Trusts Act).
Posted on 10/20/2017 2:02 PM By Roydon
Locating a holding company in a tax haven can be used to bring together investors from various countries who are investing in businesses that are in turn operating in numerous countries.
Posted on 10/13/2017 1:21 PM By Roydon
Many taxpayers, especially multi-national corporations, can legally save tax by structuring their affairs to use a tax haven.
Posted on 10/6/2017 5:48 PM By Roydon
Tax havens can be used by individuals, small businesses, large businesses, Fortune 500 companies, governments, charities, and non-profit organisations.
Posted on 9/29/2017 10:41 AM By Roydon
The Tax Justice Network (an anti-tax haven pressure group) estimated that capital held offshore amounted to between $21 trillion and $32 trillion (between 24–32% of total global investments).
Posted on 9/11/2017 1:56 PM By Roydon
Countries restructure and redesign their tax system to become a tax haven for two main reasons – jobs and money.
Posted on 9/8/2017 11:17 AM By Roydon
The term most commonly refers to those countries or jurisdictions that have a low-tax or no-tax regime or which offer generous tax incentives.