In response to our recent article about investing offshore, many readers asked for more information. They expressed many concerns, particularly about safety. Jamie Virjhof, Relationship Manager of ...
Stashing money in a Swiss bank account sounds like something best left to corrupt corporations and villains in espionage novels. "In the movies, it's always portrayed as a shady thing," says Scott ...
Offshore bank accounts are held outside of your home country and are an option to hold funds in a foreign currency. Offshore bank accounts can make sense in some situations, such as for those who have ...
TOKYO (AP) — Privacy has a price. For the super-wealthy, it can also have a big payoff. The use of offshore accounts and favorable laws in certain countries can ...
If recent headlines have left you feeling uncertain about the U.S. economy, you’re not alone. From concerns about recessionary conditions to predictions from more than 60% of business leaders ...
Offshore accounts conjure images of bad behavior by the rich and shady, and for good reason: they have been used to dodge taxes, fund organized crime and facilitate corruption. But many people use ...
There was a time in which offshore banking was only supposed to be for those trying to avoid paying taxes. Now, however, it's a different story, as financial markets are opening up all over the world, ...
The U.S. government has worked hard over the past decade to stop Americans from hiding bank accounts offshore to evade taxes. But not hard enough. It has become more difficult to maintain secret ...
The IRS confirms that its offshore compliance efforts have now topped $10 billion. In all 55,800 taxpayers have entered the IRS's Offshore Voluntary Disclosure Program (OVDP), paying more than $9.9 ...
A leak of 13.4 million documents from offshore firms unveiled the accounts of some elite, world-famous names, such as Queen Elizabeth II and Bono, along with some U.S.-Russian ties within the Trump ...
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