Tax Havens Today The Benefits and Pitfalls of Banking and Investing Offshore [Hardcover]

Filled with in-depth insight and expert advice, Tax Havens Today arms you with the knowledge, strategies, and contacts needed to avoid expensive mistakes and make the most of your offshore endeavors. Divided into four comprehensive parts, this timely resource will bring you completely up to speed on a variety of issues that anyone aspiring to go offshore must be familiar with.

Preface ix

PART ONE THE OFFSHORE CONTROVERSY 1

1. Why Are so Many People Going Offshore? 3

2. Whipping the Taxpayers into Shape 7

3. The Big Squeeze 10

4. The Changing World of Tax Havens 15

5. The International Dragnet 18

6. The Global Laundromat 21

7. The Tax Police 23

8. Barbarians at the Gate 26

PART TWO BUILDING A SOLID OFFSHORE FINANCIAL FORTRESS 31

9. The Benefits of Going Offshore 33

10. Best Strategies for Going Offshore: Personal and Financial Lifestyle Changes 35

11. Expatriating 37

12. The $80,000 Annual Loophole 39

13. New Citizenship and Renouncing Your U.S. Citizenship 42

14. Eight Ways to Sunday 44

15. T-7 Tax Havens: The Green List of the World’s Best Offshore Havens 48

16. Selecting the Best Tax Haven for Your Plans 54

17. Establishing an Offshore Presence without Leaving Home 61

18. Offshore Business Structures 63

19. Secrets of Offshore Banking 73

20. Offshore Financial and Investment Strategies 81

21. Offshore Estate Planning 89

22. The Swiss Angle 97

23. Placing Your Assets Offshore and Avoiding Fraudulent Transfers 105

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