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Category: Offshore Account Update - Page 26
A Washington DC business tax attorney provides assistance to companies in ensuring they are in compliance with tax obligations as well as in taking legal steps to reduce the amount of taxes owed to the government.Read More
The Paradise Papers: What Are They and Why Do They Matter?
Hot Topics, Offshore Account UpdatePosted in on November 29, 2017
In recent years, there have been several major leaks of data related to offshore financial accounts. The Paradise Papers is the fifth major leak. The Paradise Papers contain more than 1,400 gigabytes of data, including an estimated 13.4 million documents that expose insider details about the world of offshore banking. An estimated 6.8 million of the leaked documents come from Appleby, which is a law firm that provides assistance to individuals and businesses in setting up offshore companies and registering those organizations.
Read MoreAfter Tax Evasion Crackdowns, Geneva Banks Hope for a Better 2018
Offshore Account UpdatePosted in on October 27, 2017
There are many reasons to make offshore investments with foreign financial institutions, including diversifying your investment holdings, investing in different currencies, and protecting yourself in case of financial or political disasters. However, offshore accounts are often treated with suspicion because taxing authorities believe investors with foreign financial accounts regularly fail to report those accounts to taxing authorities in their home country.Read More
Swiss Firm to Pay Millions in Tax Evasion Settlement
Offshore Account UpdatePosted in on September 1, 2017