|
|
|
|
|
|
|
|
|
|
|
|
Comprehensive studies on each of the 37 major IOFCs of the world cover the territory,
from the government attitude to offshore activities and disclosure of information,
to offshore companies, trusts, banking, insurance, and shipping. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Know your Offshore Terms:
|
|
|
|
|
|
| | The core activity of private bankers traditionally has been and still is asset management for offshore and onshore private clients. Private banking is not only performed by private bankers. Many former private bankers have converted their partnerships into private or publicly traded corporations in order to have limited liability and to be able to benefit from financing opportunities on the onshore and offshore capital markets. | | | | | The embedded software issue is whether software that is required in order for a hardware system to be operational should be treated as a unit or separated for taxation purposes (including updates of the software). Among the most important issues addressed by the Technical Advisory Group (TAG) on Treaty Characterisation concerns the treatment of so-called embedded software -- for example, computer equipment with software “embedded” in the hardware. These issues may be material for some international tax plans involving cyber technology. | | | | | The term laundering is used because the techniques used are intended to turn dirty money into clean money. The US underworld coined the term through the use of launderettes for fronting. But of course laundering is not confined to cash. Money laundering is an evolving and ubiquitous activity, which knows no frontiers. | | |
|
|
|
|
|
|
|
|
|
|
|
|