I know; I haven’t updated this blog in more than two weeks. I got myself wrapped up in too many projects at the same time. I promise I’ll be better in the near future.
I just wanted to share a very interesting article I just read with you: Reporting Requirements for US Taxpayers with Offshore Companies. [...]
Posts Tagged ‘Offshore’
Quick update and link for US taxpayers with offshore companies
Choosing Your Offshore Bank Account
One of the first offshore step many people undertake is to open an offshore bank account. You have a few options and choices to chose from. Starting with choosing between a corporate or individual account.
In any case, you should be careful when choosing your overseas bank to ensure your money is safe.
Your Offshore Bank
The first [...]
Offshore or “International Finance Centre”
Offshore centres are trying to change their image and perception. Some would like to not be called offshore, like the Isle of Man or Guernsey, while others interjected to the International Monetary Fund (IMF) to Integrates the Offshore Financial Center Assessment Program.
It is true that expressions like “offshore” and “tax haven” have no agreed standard [...]
Why the Isle of Man?
Many advisers recommend expatriates to consider shifting or establishing their portfolio in offshore jurisdiction. One of the most popular is the Isle of Man (IoM) – a small celtic island located between England and Ireland. Why is that so?
The Isle of Man is a ’so-called’ low tax economy with no capital gains tax, wealth tax, [...]