Offshore Banking and Tax heavens When we talk about tax havens, we mainly mean those states that guarantee a minimum or even zero tax on bank deposits. A choice of this kind is motivated mainly by political reasons, in that a large amount of capital is attracted from foreign countries and in exchange offers extremelyRead More
Month: April 2019
Tax Haven
End of tax havens
As of January 1, 2016, it will no longer be possible to have a secret account in one tax havens, like Denmark, together with many other countries – including Switzerland, Luxembourg, Liechtenstein, and Gibraltar – have signed an agreement on automatic exchange of bank data. This means that if you have a deposit in aRead More