Archive | March, 2007

Offshore E-Commerce in the age of Deterritorialization

The natural bonding of the Internet and Offshore stems from the fact that both, of their nature, manage to avoid tax. Businesses which can operate on the Internet without, so to speak, touching ground in a high-tax jurisdiction will naturally migrate to offshore or low-tax jurisdictions; while businesses that already have offshore existence will find […]

Continue Reading

Marshall Islands

The article called “US tags ‘Dirty’ Money Launderers In the Pacific” referred to in your latest newsletter incorrectly says that the Republic of the Marshall Islands (RMI), among other nations, has been included in the list of “Jurisdictions of Concern” published by the US Department of State. The NICSR 2007 (www.state.gov/p/inl/rls/nrcrpt/2007/, see Volume II), puts […]

Continue Reading

World Bank-based CGAP Honors Pro Mujer for Excellence

Pro Mujer, a leading microfinance and women’s development network in Latin America, is pleased to announce that Pro Mujer Nicaragua has been awarded the 2006 Financial Transparency Award from the Consultative Group to Assist the Poor (CGAP). New York, NY (PRWEB) March 21, 2007 — Pro Mujer , a leading microfinance and women’s development network […]

Continue Reading

Tax Haven Non-Sense and Deception

by Vern Jacobs There seems to be a huge amount of non-sense and some outright deception about the impact of tax havens and the alleged abuse of tax havens. The following comments are offered as an attempt to provide some balance to the arguments of those who rail against U.S. persons with foreign income, particularly […]

Continue Reading

Everything St. Maarten

A Massachusetts-based St. Maarten website, everythingstmaarten.com, is giving away nine one-week St. Maarten vacations and many other prizes (including a month-long vacation to the top winner) to celebrate reaching two million site visits this year. (more…)

Continue Reading

Hostile Developments Make Panama Companies More Important

(PRLEAP.COM) Panama City, Panama – Panama International Business Corporations (IBCs) have been an offshore strategy for 75 years. Over recent months, Panama companies – and foundations and offshore bank accounts – have been elevated to a new level in the offshore arena. In response, an American-owned company is helping entities that wish to keep their […]

Continue Reading

Offshore Sites Bet on U.S. Business

Internet gambling works around law meant to block it Thinking of going online and wagering on a few games in the upcoming NCAA basketball tournament? Uncle Sam doesn’t want you to, but he’s having trouble stopping anyone. The government’s latest effort to get Americans to stop gambling via the Internet has been largely ineffective, according […]

Continue Reading

Investing Internationally – Consider South Africa!

South Africa is one of the most sophisticated and promising emerging markets in the world. It is also one of the most advanced and productive economies in Africa. The country’s remarkable ability to put centuries of racial discrimination behind it in favor of reconciliation was widely considered a social “miracle” and inspired similar peace efforts. […]

Continue Reading

Tax Exemption for New Singapore Companies

Singapore government has recently come up with some good news for entrepreneurs planning to incorporate a company in Singapore. For newly incorporated Singapore companies, full tax exemption will be granted on normal chargeable income of a qualifying company up to $100,000, for any of its first three consecutive years of assessment (YA) that fall within […]

Continue Reading