Are crushing taxes and suffocating government regulations cramping your style? Consider escaping these twin enemies of free enterprise in the shelter of an offshore tax haven. Investing offshore shows you how to take advantage of the freedom and confidentiality that offshore financial centers offer and explains how and where to set up your assets beyond the reach of money-hungry bureaucrats and tax collectors. Author Robert Forbush runs a thriving consulting business that sets up and manages offshore companies for people just like you. Here he shares such insider tips on establishing your offshore structure, including deciding how much money to stow away, opening an office, appointing trusted third-party directors to manage the operation and much more. He also covers setting up a trust to protect your hard-earned cash in case you kick off suddenly while enjoying the good life with your new-found wealth. This book is your ticket to the idyllic offshore tax haven - one that will keep Big Brother out of your business and put an end to the piracy of your profits.
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20 of 21 people found the following review helpful:
1.0 out of 5 stars
Didn't work then - Doesn't work now,
By The Cool Cat "The Cool Cat" (SE USA) - See all my reviews
This review is from: Investing Offshore: Secrets Of Asset Protection (Paperback)
This book is sort of the stereotypical "How to hide your money offshore" sort of book, which totally ignores the realities of how people, banks and trust companies must respond to subpoenas, and how they must report offshore activity to the IRS or else face perjury charges for filing false returns. Indeed, some of the strategies advocated by this book have since proven not to work, such as those involving offshore credit cards (the IRS simply issued subpoenas to the major credit card companies for their records and now the people who held such credit cards are facing criminal investigations and possibly significant jail time).
In other words, it is unintentionally a guide as to what not to do. Pass on this one.
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Inside This Book
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First Sentence:
It is a common misconception that companies and individuals can only be tax residents in one jurisdiction at any one time. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
local company law, nonresident company, governing secrecy, nonresident companies, registered office address, exempt company, nominee shareholders, offshore company, guarantee members, bearer shares, offshore center, taxation treaties, worldwide income, tax resident, public file, tax treaties Key Phrases - Capitalized Phrases (CAPs): (learn more)
Hong Kong, United Kingdom, Isle of Man, United States, Inland Revenue, Western Samoa, British Virgin Islands, New Zealand, European Union, Secrecy There, Timescale Incorporation, Name Activity Names, Privy Council New!
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Front Cover | Table of Contents | First Pages | Back Cover | Surprise Me!
It is a common misconception that companies and individuals can only be tax residents in one jurisdiction at any one time. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
local company law, nonresident company, governing secrecy, nonresident companies, registered office address, exempt company, nominee shareholders, offshore company, guarantee members, bearer shares, offshore center, taxation treaties, worldwide income, tax resident, public file, tax treaties Key Phrases - Capitalized Phrases (CAPs): (learn more)
Hong Kong, United Kingdom, Isle of Man, United States, Inland Revenue, Western Samoa, British Virgin Islands, New Zealand, European Union, Secrecy There, Timescale Incorporation, Name Activity Names, Privy Council New!
Books on Related Topics | Concordance | Text Stats Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Back Cover | Surprise Me!
Citations (learn more)
This book cites 2
books:
- Virgin Islands (Berlitz Pocket Guides) by Berlitz Guides on page 62, and Back Matter
- The Isle of Man by Douglas in Back Matter
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