Tag Archives: Anguilla

Mnuchin’s Offshore Companies Underscore Need to Tackle Tax Havens in Tax Reform

29 Jan
Stripes USA and Offshore Companies Tax Reform

Statement by FACT Deputy Executive Director Clark Gascoigne WASHINGTON – The offshore companies controlled by Treasury Secretary-designate Steven Mnuchin featured prominently in his Senate confirmation hearings held last week in Washington.  It was revealed that the former investment banker managed companies with assets in Anguilla and the Cayman Islands, both widely recognized as tax havens. […]

Tax havens hidden in plain sight

15 Feb
anchor of the tax havens

Many of the world’s most secretive tax havens, ranging from Anguilla to Uruguay, are set to open their books to foreign tax by 2017. A year later, dozens more, including Belize, Hong Kong and Singapore, are set to follow suit. Among them is Switzerland, abandoning a tradition of secrecy that dates back at least as […]

Asset protection trusts and offshore investment

15 Oct

When discussing asset protection and offshore investments, the most widely known legal device for offshore planning or investment is an asset protection trust. Asset protection trusts resemble a typical trust as it legally exists in the United States only it’s located in a trust-friendly jurisdiction like the Cook Islands or the Bahamas. Certain jurisdictions (like […]