Tax Havens

Canada

11 May 2018

      Canada is a federal parliamentary democracy and a constitutional monarchy, with Queen Elizabeth II being the head of state. The federation is composed of ten provinces and three territories. Although Canada is the world’s second-largest county (covering 9.98 million square km), it’s sparsely populated with the majority of its land being dominated…

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Campione d’Italia

2 May 2018

Campione d’Italia is a municipality of the Province of Como in the Lombardy region of Italy. This postage stamp exclave only totals 1.6 km2 and is surrounded by the Swiss canton of Ticino.  Campione is very integrated with Switzerland, both administratively and economically. For example, Italian citizens residing in Campione have the Swiss franc as…

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Brunei

27 April 2018

      Capital city:                Bandar Seri Begawan     Currency:                    Brunei dollar (BND)       Population:                417,200    Language:                  Malay     GDP:     …

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Botswana

20 April 2018

      Capital city:                Gaborone      Currency:                    Pula        Population:                2,250,260    Language:                  English     GDP:         …

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Bolivia

13 April 2018

     Capital city:                Sucre, La Paz      Currency:                    Boliviano (BOB)    Population:                11,410,651    Language:                  Spanish     GDP:         …

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Belize

6 April 2018

Capital city:                Belmopan      Currency:                    Belize dollar (BZD)    Population:                387,528   Language:                  English     GDP:                 …

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Tax Savings Strategy 204 | Purchase Loss Company

5 April 2018

This strategy involves purchasing a loss-making business and taking ownership of the company structure (to access the accumulated tax losses). Clearly this is only going to make economic sense if the purchaser can restructure and improve the business to turn the current operating losses into ongoing profits. This strategy can be attractive for the following…

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Bahrain

30 March 2018

Capital city:                Manama      Currency:                    Bahraini Dina (BHD)      Population:                1,425,171    Language:                  Arabic     GDP:             …

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Ascension Island

23 March 2018

Capital city:                Georgetown      Currency:                    Saint Helena Pound     Population:                806   Language:                  English    GDP:                 …

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Tax Savings Strategy 203 | Granny Flats

22 March 2018

A granny flat is a self-contained secondary dwelling built on a residential property. Granny flats must be self-contained with their own kitchen, bathroom, and living space. The cost of building a granny flat ranges from $60,000 to $150,000 with $100,000 an approximate average. Granny flats are great for older parents, university students, children moving out…

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"You’d be stupid not to try to cut your tax bill and those that don’t are stupid in business"

- Bono: U2