Asset Protection Tax Reduction Investment Opportunities Convenience of Operation Global Presence
What are you doing to take advantage of the global economic crisis?
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TAXES
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You can believe that taxes will become a much greater burden as governments around the world struggle to return to an economic balance. There is no way to totally avoid taxes. But you can manage your taxes in such a way as to use the money to operate, invest the money to grow, and seek out the best jurisdiction to commit your corporate responsibility to pay. Do not be led to believe that there is a proper and legal way to avoid taxes. Every country in the world insists that its citizens pay taxes on those funds from which they personally benefit. This means management skill is needed and proper receipt of fund from global-earned investments or activity. distribution to associates, family and suppliers or consultants. |
| ASSET PROTECTION |
Assets in offshore jurisdictions are beyond the control of litigious citizens, spouses on a rampage, claimants with judgments, and the prying eyes of a nosey public. |
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Use Your Best Judgment
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STUPID IS AS STUPID DOES It is safe to say that all giant international companies maintain massive assets offshore. They have an "offshore presence." That is a wise and necessary move in order to do business globally. There are many complaints from their native countries and threats about "doing something." It remains, however, that there will be a lot of complaining, wringing of hands, threats and promises, but those companies gained much financial and competitive advantage from placing their assets in offshore jurisdiction and the practice will continue. There is simply too much economic power involved to make a change. They may have been stupid in the way they selfishly and unadvisedly bought into a bad mortgage market and fell for the demands of a public seeking unlimited credit. They over-leveraged and broke every law and rule about investing one can imagine. That was stupid. They were not stupid for going abroad because the tax situation in the offshore jurisdictions allow for a level playing field for the global competitor. If they can do it, you can do it... go offshore, that is. |
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