Tag Archives | offshore banking

The Rolling Stones get tax breaks

AMSTERDAM, Netherlands, Aug. 2 (UPI) — Britain’s Rolling Stones raked in $152.5 million last year, but thanks to offshore investing, paid only 1.6 percent in taxes, it was reported Wednesday. The legendary rock group practices in Canada and has had all of its finances handled in the Netherlands since 1972 to avoid paying high British […]

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Miami Banks Fear Loss of Int’l Clients

The sparkling glass towers rising above the Atlantic along Brickell Avenue have long been the place where Latin America’s wealthy parked their money during political crises and invested it when times were good. International banking leaders say that post-September 11 security regulations have scared off some clients with clean money who, despite their proximity and […]

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