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End the nuisance and waste of time in finding the original texts of tax treaties!
Here they are for you in the most accessible and inexpensive form available anywhere.
Shortly, every single one of the world’s 3000 tax treaties! |
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| | | | | | | Tax Treaty: | Albania and China (People's Rep.) | | File Type: |  |
| | | | | View Detail | | | | | |
| | | | | | Tax Treaty: | Albania and Czech Republic | | File Type: | |
| | | | | View Detail | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | Tax Treaty: | Albania and Netherlands | | File Type: | |
| | | | | View Detail | | | | | |
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Know your Offshore Terms:
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| | An offshore fund is generally an investment company, unit trust (a trust in which the investing public are the beneficiaries), mutual fund, or other entity usually incorporated and resident in a tax haven or an international offshore financial center (IOFC). The fund may be open-ended or closed. The more popular locations for offshore funds are Bermuda, the Cayman Islands, Guernsey, Hong Kong, the Isle of Man, Jersey, and Luxembourg. | | | | | The reinsurance market usually enables buyers to obtain a more attractive discount or credit for their self-retention than would be possible from the direct insurance market. The main reason for the differential between these two parts of the insurance industry is that the direct insurer has very considerable expenses, most of which are funded by the premium received from the low-level loss area. | | | | | A trust is an arrangement for the holding and administration of property under which property or legal rights are vested by the owner of the property or rights (i.e. the settlor) in a person or persons (i.e. the trustees), which they are then to hold or to exercise for or on behalf of another or others (i.e. the beneficiary/ies) or for the accomplishment of a particular purpose or purposes. The word “trust” thus refers to the duty or aggregate accumulation of obligations that rest upon a person described as a trustee. | | | | | 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. | | |
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