More rich people are using ‘secret’ trusts and LLCs to hide money from their spouses
Trusts and offshore accounts controlled by a shadowy company. These financial tricks were once the stuff of spy movies—but ...
Full Fact8d
Has the government ended the use of offshore trusts to avoid inheritance tax?
Offshore trusts (or non-resident trusts) are trusts outside the UK. Currently, inheritance tax generally only has to be paid on assets situated outside the UK if the person who placed the assets in ...
Failure To Report Foreign Accounts Leads To $2 Million Penalty
For individuals and businesses with foreign financial accounts, strict adherence to FBAR reporting rules is essential, and ...
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Top 10 Offshore Tax Havens in the Caribbean
The Caymans provide services such as offshore banking, offshore trusts, and the incorporation of offshore companies. Offshore companies are not taxed on income earned abroad, and there is no ...
Moneyweb3mon
The crucial role of offshore trusts in repatriating overseas wealth
‘Maybe it should be the G19 – and if you see the guys at the top failing, take a look down at the bottom; not just the anger, but also coherent positions like the Gen Z protestors in Kenya ...