|W.I.L. Home Page||Offshore News Digest Home|
TOP 10 REASONS TO GO OFFSHORE IN 2000
OFFSHORE TAX SCARE TIME
The Los Angeles Times just noticed that the IRS is cracking down on the use of offshore bank accounts to evade income taxes.More on this story here.
If you have a dirty secret about an offshore trust, FORBES says it may not be too late to fess up and avoid prison. Very interesting!More on this story here.
And Forbes claims the IRS still does not have those Caribbean bank credit card records[s] ordered by a Miami US Court to be turned over.More on this story here.
And watch out for Internet tax fraud schemes. They're everywhere!More on this story here.
O.E.C.D. ILLOGIC EXPOSED
JERSEY’s Edmund BENDELOW, head of the Offshore Institute, rips the hide off the OECD's economic ignorance.More on this story here.
VADUZ. The Economics minister explains why the principality provides an example of outstanding free market economic freedom.More on this story here.
FINANCIAL TIMES SPECIAL REPORTS
ON MID-EAST BANKING: account surpluses in Gulf countries are at a phenomenal US$68 billion, compared with a deficit two years ago.More on this story here.
On May 13 will the Right win?More on this story here.
IRISH TIMES LOOKS AT CAYMANS
An Ansbacher opinion report: "Liberal tax laws transformed a group of squalid islands off Mexico into a wealthy [Irish]man's tax haven."More on this story here.
B.V.I. CHIEF MINISTER MEETS U.S. GROUP
ROAD TOWN, British Virgin Islands. The CM thinks the new Bush folks in Washington will not back the OECD anti-haven campaign.More on this story here.
NEVIS FINANCIAL SERVICES
BASSETERRE. One of the last of the unrepentant offshore tax havens beckons to you. All the considerable facts atMore on this story here.
URUGUAY WANTS YOUR BUSINESS
MONTEVIDEO. Not on any blacklist and no taxes, wide open for offshore business and welcomes high net worth expatriates.More on this story here.
US INTERNAL REVENUE - FEEBLE OR FIERCE?
As US annual tax day passes, the IRS is said to be a weak sister forgiving (thank you!) $2.5 billion in back taxes,More on this story here.
And also ready to put the audit screws to many more ordinary Americans.More on this story here.
On average, Americans must work until May 3 this year to pay their taxes. After that, what's left is theirs.More on this story here.
BERMUDA TAX AVOIDANCE BONANZA
HAMILTON. How the super rich use Bermuda as a base for the great hedge fund reinsurance tax game.More on this story here.
CRIME & TAXES DOWN UNDER
SYDNEY. Australians are said to have had a love affair with crime ever since British convicts kicked off a white settlement 213 years ago with a no-holds-barred orgy.More on this story here.
But Australia is cracking down on "tax avoidance schemes."More on this story here.
JOHANNESBURG. The South African government seems determined to do all it can to discourage badly needed foreign investment.More on this story here.
NO GLOOM ON MAIN OR HIGH STREET
World consumers are cheerfully ignoring the gloom on world stock markets.More on this story here.
U.K. LIBERTARIANS PROTEST EURO
Libertarians picket businesspersons who favor the euro.More on this story here.
FREE TRADE FOR THE AMERICAS?
April 20-22, heads of 33 governments meet in QUEBEC for the Summit of the Americas. Is an American free trade area now possible?More on this story here.
BILLIONS LOST IN NET SCAM
LONDON. Investigators shut down a banking scam that used the Internet to sell fake securities and investments estimated at $3.9 billion.More on this story here.
KEEP THE CHANGE!
NEW YORK. Calling unneeded attention to himself, a London stock broker leaves a US$16,000 after dinner tip.More on this story here.
NESTMANN’S NEW COMPUTER PRIVACY REPORT
Use a PC to surf the Net & you leave a trail of semi-deleted files and "cookies" that gives those who know where to look a detailed picture of the sites and newsgroups you visit, files you create and a lot more. Here's a new report that reveals practical strategies to protect your PC & Net privacy with Windows-based total file deletion, easy encryption, how to use PGP and steganography (hidden files) and much more. Protect your PC privacy! Click here now,More on this story here.
BAHAMAS FINANCIAL TURMOIL INTENSIFIES
NASSAU. Business and financial leaders finally admit the major damage done to the islands financial sector by hasty new laws designed to appease the OECD and the FATF.More on this story here.
And a Bahamas supreme court judge rules the new IBC regulatory law does not give the government power to revoke IBC corporate charters.More on this story here.
BERMUDA’S STRICT COMPLIANCE RULES
HAMILTON. A description of the highly intrusive rules that all but end strict financial privacy in this formerly top ranked offshore haven.More on this story here.
CHANNEL ISLANDS SECURITY LAX
JERSEY and GUERNSEY have major e-commerce security problems.More on this story here.
If you're planning an offshore e-commerce business, read this first.More on this story here.
CHILE WANTS FOREIGN INVESTMENT
SANTIAGO. The Chilean government proposes sweeping tax and exchange reforms to encourage foreign investment.More on this story here.
PERUVIAN CASH HUNT
PANAMA joins Switzerland and the Cayman Islands in the cash hunt by Peruvian investigators seeking ex-Prez Fujimori's corrupt loot.More on this story here.
A TEXAS VIEW OF OFFSHORE
Texas lawyers view the IRS crack down on offshore trust scams.More on this story here.
ON THE O.E.C.D NEWS FRONT
Tax haven nations create a new international group for self defense.More on this story here.
GIBRALTAR may sell out to OECD tax demands.More on this story here.
Tax Notes gives the pros & cons of the OECD "harmful tax competition" campaign and where the Bush administration may (or may not) stand.More on this story here.
The International Herald Tribune takes note of a growing anti-OECD reaction.More on this story here.
US Senator Judd GREGG (R-NH) controls US funding of the OECD, and he does not like its anti-tax haven campaign.More on this story here.
Jack KEMP says the OECD threatens prosperity in the US.More on this story here.
If you need one, or to renew one, here all the 'how to' facts.More on this story here.
AMERICAN HIGH EARNERS TAX HIT
Amity Shales explains how and why top US earners (who pay most taxes) get hit hardest by the US tax system.More on this story here.
There's a direct correlation between where IRS audits occur and the districts of Members of Congress who oversee the IRS.More on this story here.
More about the valuable US "Foreign Earned Income Exclusion".More on this story here.
EUROPEANS SELLING TONS OF GOLD
A major sell off of gold bullion and coins.More on this story here.
MANX MONEY MANAGER SINGS
A New York financier is convicted of bankruptcy fraud. His ISLE of MAN financial agent testified against him.More on this story here.
OFFSHORE CREDIT CARD PROBLEMS
A look at why the IRS wants Caribbean bank credit card records from MasterCard and Amex.More on this story here.
HOW BANKS DETECT MONEY LAUNDERING
Pinstripe suits instead of stripes on prison suits.More on this story here.
NEWS FROM DOWN UNDER
AUSTRALIANS need to invest more offshore.More on this story here.
NEW ZEALAND chases tax avoidance schemes.More on this story here.
All you need to know about SOUTH AFRICAN taxes.More on this story here.
South Africa's OLD MUTUAL expands offshore private banking.More on this story here and here.
|Previous||News Digest Index||Next|
|Back to top|