Investing Offshore requires forward thinking

31 Jan

Trump International Hotel & Tower; Chicago, - Forward thinkingDonald Trump’s Fiscal Tax Plan will increase the ultimate yield on your corporate projects and investments offshore.

Trump’s plan scraps dividend tax and at the same time it scraps the foreign bank interest tax exemption. Which means, for example, bank lending overnight from the Cayman is redundant / irrelevant. ”Tax Havens” such as Cayman, Bermuda, BVI, Panama, Channel Islands, Ireland, Isle of Man have no future.

There is no corporate need for elaborate outside USA structures for any business, project or investment capital. That method is in the rear view mirror and in the past. Whether a U.S. Corp or Foreign Corp it will be tax neutral. Carrying interest by means of an offshore company no longer functions.

Control over your personal tax position is only what your investment account allows it to be.

The Only Type of Foreign Financial Account that U.S. Individuals can use for Carrying Interest on Gains and Accumulations of Investments is to Corporatize their Investments in Retirement Law.

Retirement law is neither a tax haven, insurance product or company, nor a personal trust. Internationally recognized retirement law is carved out as an exempt beneficiary and excluded account under the Foreign Account Tax Compliance Act (FATCA), the Common Reporting Standard (CRS), the Automatic Exchange of Information (AEoI) and specifically mentioned in Double Tax Agreements (DTA) and Intergovernmental Agreements (IGA’s): which means it checks all the tax and regulatory compliant boxes in the USA, OECD (including Canada, Mexico, the E.U.) and throughout Asia.

This tax and reporting compliant exempt beneficiary is crucial for asset protection, deferral of tax, privacy and secrecy because it is legal non-disclosure at the financial institution level and recognized and registered tax compliant at the individual level.

Retirement law checks all the regulatory compliant boxes on Anti-Money Laundering (AML), legal privacy and secrecy. It is a tax rules compliant and exempt beneficiary account which is a recognized category on four different IRS Forms -8957, 8621, 3520 and W-8BEN-E.

This is a U.S. Treasury, Internal Revenue Service (IRS) excluded financial account unlike banks, law firms, LLC’s and insurance companies which are not even mentioned. Even the new, 2017, European Union 2nd Directive on Pension Funds provides this recognized exemption.

Q: Ok, so, everyone wants to ask me: what are my tax benefits?
A:Tax affected yield that beats anyone’s yield

Q:what are my benefits along the way?
A:Tax and reporting compliance continuously

Q: what are my benefits down the road?
A: Increase in yield that reduces the cost of tax

Q:what are my benefits upon disbursement?
A:You control your rate of withdrawal at your own life style rate-Go-Go, Slow-Go and No-Go

You report membership in the plan every year to the IRS along with your FATCA and IRS registered plan membership identification number.
Assets held in this plan are recognized globally as not included in worldwide taxable assets.
The plan is excluded from passive foreign investment company rules (PFIC), unrelated business taxable income (UBTI) issues and Securities and Exchange Commission (SEC) rules.

Photo credit: sjkln via Visual Hunt / CC BY-NC-SA

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