Saturday October 24, 2020

The Ansbacher dossier: Offshore accounts and tax fraud, writes Brian Keegan.

17th December, 2014
Brian Keegan

There are plenty of good reasons for wanting to open an offshore account. You might want to get a higher rate of investment return. Perhaps you want to invest in foreign currency. It could be as simple as needing to facilitate foreign customers, or provide funds to a son or daughter in university abroad. From a tax point of view, there is nothing wrong with holding an offshore account. Merely having an offshore account doesn’t...

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