>It makes a gross assumption that people are incapable of keeping their government in check. There is a difference between keeping a government in check, and ensuring governance stays relevant. Western democracy usually…
> ...unfair, extra-legal competitive advantage. It is not unfair, and it is not extra-legal. Anyone can offshore their company and in some cases it can take less than an day (incorporating an LLP in the UK takes a…
There are two dimensions here, one is the tax liability and the second is regulatory compliance. Yes, the tax liability is significantly reduced when using offshore structures and I don't necessarily see this as a bad…
Using a throwaway for obvious reasons. I have a fair bit of insight into this industry, both from friends, acquaintances, and family who use a variety of offshore structures to manage their wealth and from my own…
>It makes a gross assumption that people are incapable of keeping their government in check. There is a difference between keeping a government in check, and ensuring governance stays relevant. Western democracy usually…
> ...unfair, extra-legal competitive advantage. It is not unfair, and it is not extra-legal. Anyone can offshore their company and in some cases it can take less than an day (incorporating an LLP in the UK takes a…
There are two dimensions here, one is the tax liability and the second is regulatory compliance. Yes, the tax liability is significantly reduced when using offshore structures and I don't necessarily see this as a bad…
Using a throwaway for obvious reasons. I have a fair bit of insight into this industry, both from friends, acquaintances, and family who use a variety of offshore structures to manage their wealth and from my own…