Tag Archives: taxes
There are over 500,000 active IBCs registered in the British Virgin Island and over 100,000 “exempted” companies in the Caymans. Goldman Sachs (Cayman) Trust, Limited operates as a subsidiary of Goldman Sachs (Cayman) Holding Company. Why?
Need a tax haven? https://www.linkedin.com/pulse/partners-associates-wanted-thomas-azzara?trk=pulse_spock-articles JPMorgan/Chase writes on U.S. Estate taxation: “Because stock of a foreign corporation (in a no tax haven) is not subject to U.S. estate tax, holding U.S. situs assets through a foreign corporation constitutes a planning … Continue reading
Posted in capital gains taxes, financial, tax, tax avoidance, tax planning
Tagged anguilla, capital gains, CFC, FATCA, financial planners, Form 8621, havens, ibc, international, investing, irs, legal, Mitt Romney, offshore, Passive Foreign Investment Company, PFIC, Qualified Electing Fund, tax, taxes
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$1.2 trillion dollars on deposit in Cayman Banks - up 10% in 2005 says Cayman Government? 