Tax Fitness > Tax Havens

Lack of Exchange Controls Offer Investor Confidence

11/10/2017 12:19 PM

The key reason Hong Kong is among the world’s largest financial centres is that it doesn’t have any currency controls.

Bank Secrecy in Tax Havens

11/3/2017 11:30 AM

Bank secrecy is a legal requirement in most tax havens and this prohibits banks providing authorities personal and account information about their customers.

Asset Protection

10/27/2017 12:16 PM

The Cook Islands claims to be the first country to have enacted an explicit asset protection law (in 1989 with its International Trusts Act).

Locating Holding Companies

10/20/2017 2:02 PM

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.

Legal Reasons to Use a Tax Haven

10/13/2017 1:21 PM

Many taxpayers, especially multi-national corporations, can legally save tax by structuring their affairs to use a tax haven.

Who Uses Tax Havens?

10/6/2017 5:48 PM

Tax havens can be used by individuals, small businesses, large businesses, Fortune 500 companies, governments, charities, and non-profit organisations.

Wealth in Tax Havens

9/29/2017 10:41 AM

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).