(08) 9337 4464
Search

Tax Havens

Global Elite Hide Money from Their Exes in Tax Havens

The recent Panama Papers leak revealed how the global elite use offshore companies in tax havens to send money abroad to keep it away from their future exes.

Fraud Using Tax Havens

Many frauds involve using tax havens, as their confidentiality and secrecy aid fraudsters.

Belize, Drugs and Money Laundering

Belize, located on the coast of Central America, is known in the global arena for attracting many North American drug trafficking entities.

Money Laundering Using Tax Havens

Money laundering is the process of transforming the profits of crime and corruption into ostensibly ‘legitimate’ assets, and the hiding of income/wealth from Governments to avoid taxation.
Money laundering is the process of transforming the profits of crime and corruption into ostensibly ‘legitimate’ assets, and the hiding of income/wealth from Governments to avoid taxation.

Tax Evasion - Illegal Use of Tax Havens Amounts to $6 Trillion

Around four-fifths of money in offshore bank accounts is there in breach of the tax laws of other countries.

Paying Higher Interest Rates to Attract Foreign Investment

As developing countries are higher risk than developed countries, they must pay higher rates of interest to attract foreign investment.

Domicile Structured Finance Entities

Structured financial entities are established by financial institutions (banks and companies) to sell their debt securities to investors.

Domicile Captive Insurance Businesses

A captive insurance business is an insurance company that is wholly owned and controlled by the insured.

Domicile Hedge Funds

Eighty percent of the world’s hedge funds worth US$800 billion are domiciled in the Cayman Islands.

Trading with the Tax Haven’s Local Population

Many companies including Telstra have established entities in tax havens as they operate trading businesses in those tax havens servicing the local population. 

Archives