Posted by jonathan on May 4th, 2009
Equity Stripping and Taxes
Filed under: offshore
Of course, where there is interest – even deferred interest and balloon payments – taxes are an issue. Taxes must be paid on interest payments (and on accrued but unpaid interest too in most cases), and the interest, may not be deductible to the payor. So, even in the case of a husband and wife who are lender and borrower, the lending spouse will have interest income, and the borrower spouse may not get an interest deduction. This is an issue whether or not the spouses file a joint return. If the interest payments are not deductible, then a tax liability that did not exist previously may have been created.
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Offshore and U.S. Brokerage account services by Jonathan Curshen
Filed under: offshore
Indeed, clients often ask us, “Is it true. Is it really possible to invest tax free with an offshore account”?
Yes, It is true. But there are some things you need to be aware of when contemplating your investment strategy.
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An Introduction to Offshore Incorporation – by Jonathan Curshen
Filed under: offshore
It’s true but as regards to the second part: taxes may vary. Mind Your P’s and Q’s and you will be playing with a full deck.
Some time ago, only superwealthy knew about all the advantages of incorporating offshore. By this you can plan your business tax burden, protect yourself in case of personal problems or national catastrophe. Going offshore is the best way to protect your personal and financial privacy, and your future well-being. Please note also that offshore banking industry and asset protection strategies are completely under the law.
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Offshore Immediate and Temporary Annuities
Filed under: offshore
Our annuity product providers can offer investors a choice of offshore annuities.Income from these annuities is paid gross as no deduction of tax is made. Investors can opt for a temporary annuity whereby income is paid for a pre-determined number of years, or an immediate annuity whereby income is paid for life.
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Offshore Trust Benefits
Filed under: offshore
Quite simply, Offshore Trusts provide complete and absolute confidentiality. Assets and title to property, for example, are put into the trust for the trustee to manage. This affords total privacy as it is not possible to discover the owner of the assets and the subsequent benefit of this is that there is the additional benefit of absolute protection from liability. This is how offshore asset protection can be cast in stone. Whilst the legal title passes to the trustee, the intent of the trust is to provide for the beneficiaries, of which the settlor may be a named person. These beneficiaries, hold very strong rights with respect to the interests in the trust and most jurisdictions recognise that the intent is to provide the defined benefits for the these beneficiaries and, in court cases, rule favorably in their direction when questions as to the management of the trust arise.
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