Archive | February, 2009

Russian Coat of Arms

Russia Warning of Financial Scams on the Horizon

First Deputy Head of the Federal Financial Monitoring Service, Yuri Korotky, stated in an interview with the Rossiyskaya Gazeta daily that they forecasts an outburst of pyramid schemes and scams, as well as a worsening of the criminal situation related to currency speculations, speculative deals with precious metals, money surrogate and cash out operations and […]

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Tax and Regulate Internet Gambling

High Stakes for the U.S. to Tax and Regulate i-Gaming

PriceWaterhouseCoopers updated an analysis of lost tax revenue from On-line Gambling (originally published in 2007) and released the updated findings yesterday through the Safe and Secure Internet Gambling Initiative, a Washington DC lobby group. The latest report indicates that the Unlawful Internet Gambling Enforcement Act of 2006 has done very little to slow the growth […]

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European Leaders Pledge (Yet Again) To Crackdown On Offshore Tax Havens

European Leaders have engaged in yet more sabre rattling over offshore banking, with a seven-point plan agreed in Berlin calling for ”sanctions” against ”uncooperative jursidictions”. At a meeting of G20 Nations the European representatives pledged to end tax havens by applying uniform rules to the worldwide financial markets. French President Nicholas Sarkozy affirmed that he […]

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Offshore Banking and the IRS

The following Q&A is from the Jacobs Report with permission from Vernon K. Jacobs QUESTION: Hello, how do I disclose an offshore account to the us government? I know you are probably very busy but I was hoping you could give me a couple pointers. Any help appreciated. Thank you so much. Warmest Regards, REPLY: […]

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Asian i-Gaming Congress

AiG as it’s become known, is the Asian i-Gaming Conference and Expo, is hosting it’s 7th annual event from February 24-26, 2009, at the Venetian Macau Resort-Hotel in Macau. OffshoreNet has associates attending this event, if you are planning to attend and require assistance with offshore banking, please enquire. AiG has become the definitive conference […]

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Is Media Furore Over Swiss Bank Secrecy Unfounded?

Swiss banking secrecy has come under fire recently because of the media focus on UBS, Credit Suisse and their US clients. With the volume of news dedicated to the subject you could be forgiven for thinking that bank secrecy in Switzerland is a thing of the past, that Switzerland has handed over the keys to […]

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