Archive | April, 2007

Gibraltar’s Tax Case Against the EU Commisson

Although it may be as long as three months before Gibraltar learns whether or not its tax case against the European Commission has been successful, this week’s four and a half hour hearing of oral evidence before the European Court of Justice in Luxembourg has strengthened a sense of quiet optimism about the outcome among […]

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Offshore Web Host

Tax Efficient Hosting With Netcetera at Internet World 2007 Netcetera, Europe’s leading web host, is attending Internet World 2007, the UK’s largest B2B Internet event taking place at Earls Court from 01 to 03 May 2007. The company, the only offshore web host taking part, will showcase the tax efficiencies of hosting any E-Business venture […]

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Online Gambling’s ‘Public Outcry Campaign’ Gaining Support and Momentum

The online gambling industry’s ‘Public Outcry Capaign’, meant to reveal the publics displeasure in this century’s form of prohibition, is moving into phase two this week. Callers will be emphasizing to their representatives that the Unlawful Internet Gambling Enforcement Act should be repealed because it is in direct violation of a recent World Trade Organization […]

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Offshore Business Magazine

Offshore Business Magazine (OBm), headquartered in Manila, is a leading FREE online publication, providing news and articles within offshore business sectors like: Law, Tax, Offshore Corporations, Trusts, Banking, Insurance, Foreign Investment, Funds, Wealth Management, Brokerage, Licensing, Factoring, Yacht/Ship Registration, Financial Advisory Services, Audit, Real Estate, Intellectual Property and Debt Collecting. (more…)

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How Offshore Financial Centers Came About

It is important to keep in mind that offshore financial centers were originally established by onshore banks and corporations. Why? Because they felt hemmed-in by archaic laws, regulations and statutes. For example, Citicorp (the largest American-owned bank in the United States) was one of the first to set-up offshore operations. It wasn’t too long before […]

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Offshore Tax Evaders Amnesty Bid

A partial amnesty is to be offered to people who have evaded tax by moving their funds into an offshore account. People that own up to tax evasion will pay back taxes with interest and be fined 10% of the tax owed. However, if they do not come forward they face a full Revenue & […]

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Amsterdam Casino Affiliate Convention

5th Annual Amsterdam Casino Affiliate Convention Has Record Number of Exhibitors You can meet me at the upcoming Casino Affiliate Convention and Gaming Marketing Conference, taking place May 3-5, 2007 in Amsterdam at the NH Grand Krasnapolsky Hotel. Write if you’ll be there. The European Casino Affiliate Convention covers advanced internet marketing and advertising methods […]

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Technology Shift Creates Offshore Opportunities For US Core Systems

Recent events indicate that the US market for core banking systems will experience increasing rates of technology change, primarily driven by offshore suppliers. Offshore suppliers have experienced tremendous uptake for their new core system technology in developing markets, but are now developing strategies to penetrate the US market — and recent wins in the US […]

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Ghana Steps up Offshore Banking Effort

The President, Mr J A Kufuor announced at the weekend that the government is in the process of setting up an International Financial Services Centre in collaboration with the Barclays Bank to, among others, transact off-shore banking business; making Ghana the financial hub of the West African sub-region. President Kufuor said all the economic indicators, […]

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When an Offshore Bank Fails

by Ronald Edwards Special Notice: Offshore Banks are not fully licensed banks. Panama Legal Law Firm Never opens accounts for clients at offshore banks anywhere. Article for information only. Introduction – What we are going to do is describe the legal and mechanical process relating to offshore bank failures. We will discuss what leads up […]

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