In an era of burgeoning globalization and digital finance, the Foreign Account Tax Compliance Act (FATCA) stands as a remarkable achievement in the fight against tax evasion and the promotion of financial transparency. Implemented in 2010 by the U.S. government, FATCA aims to detect and deter U.S. taxpayers who use foreign accounts to circumvent U.S. […]
The term “tax haven” often elicits images of tropical islands or secretive nations where the rich stash their wealth. For Russian expatriates, especially those with considerable resources, tax havens have become an increasingly attractive option to safeguard their assets and minimize tax liability. This phenomenon is not isolated to Russia; wealthy individuals from various countries […]
Ghana Gold Export of 5kg of Doré Bars to Switzerland CIF vs FOB When it comes to international trade, CIF (Cost, Insurance, and Freight) and FOB (Free On Board) are two common terms used to define the responsibilities of buyers and sellers in the transaction. CIF means that the seller is responsible for the cost of […]
KYIV, Ukraine, May 21, 2022 /PRNewswire/ — President of Ukraine Volodymyr Zelenskyy and First Lady Olena Zelenska will headline this year’s Ukraine House Davos alongside the World Economic Forum’s annual meeting next week, appearing virtually from Ukraine. Ukraine House Davos The First Couple will be joined by government officials and global policy makers, humanitarian activists and international economists, business leaders, journalists, and […]
VANCOUVER, BC / ACCESSWIRE / September 13, 2019 / GlobeX Data Ltd. (“GlobeX” or the “Company”) (CSE:SWIS) (CSE:SWIS.WT) is pleased to announce that on September 11th 2019, GlobeX Data Ltd and its CEO, Alain Ghiai, have appeared on Proactiveinvestors.com. The title of the article is: GlobeX Data CEO asks: How much is your data worth to […]
Finance and Technology Experts David Fergusson and Carlos Moreira Join Academic, Corporate, Policy and Religious Leaders to Deliberate ‘Technology and Human Flourishing’ VATICAN CITY & ROME, ITALY / ACCESSWIRE / July 29, 2019 / Humanity 2.0, a non-profit human progress accelerator and social impact initiative with the support of the Pontifical Lateran University at the Vatican, […]
ZUG, SWITZERLAND / ACCESSWIRE / July 22, 2019 / Accointing (www.accointing.com) launched its crypto tax tool with a portfolio tracking solution. Whether the crypto market is in a bear or bull market, it is essential to track and have a proper summary of one’s portfolio. If the market turns volatile, making irrational decisions due to not […]
NEW YORK, Feb. 13, 2018 /PRNewswire/ — INTL FCStone Inc. (NASDAQ: INTL) today announced that its wholly owned subsidiary, INTL FCStone Financial Inc. (“the Company”), has entered into an agreement with offshore mutual fund distribution platform Allfunds Bank. The relationship further enhances the offerings of the Company’s Correspondent Clearing Division, which is now the only U.S.-based clearing firm with access to the […]
Switzerland, which developed cross-border wealth-management in the 1920s, once was in a league of its own as a tax haven. Since the 1980s, however, tax-dodgers have had a rich menu to choose from: They can hide assets anywhere from the Bahamas to Hong Kong. The percentage of global wealth held offshore has increased dramatically—but it […]
‘Only five big countries act as conduit-OFCs,’ the researchers from Corpnet said in a new report. ‘Together these five conduits channel 47% of corporate offshore investment from tax havens, according to the data we analysed.’ The two biggest conduits by far are the Netherlands (23%) and the United Kingdom (14%), followed by Switzerland (6%), Singapore […]
OrbisResearch has added report on “HNW Offshore Investment:Booking Center Preferences 2016” Market.The report is split by product types, Size, Share, Applications DALLAS, TX, UNITED STATES, January 24, 2017 /EINPresswire.com/ — 2015 was a weak year for the Global HNW Offshore Investment Market. However, there have been clear winners and losers as the dynamics of the […]
Structure Capital Offshore – The Only Tax Rules Compliant and Double Tax Agreements Non-Reporting and Excluded Account The pension regime is very important internationally and one thing the OECD organization has done amazingly well is Double Tax Agreements. They have come out with an amendment to the OECD model double tax agreement that introduces a […]