Monday, August 24, 2009
Offshore banking on endangered list
Advisers who set up clients accounts will likely be on IRS' radar
Legitimate offshore banking by wealthy Americans may be the next casualty of the UBS AG tax evasion case... Having money in an offshore account is perfectly legal as long as it is reported to the Internal Revenue Service and taxes are paid, and many high-net-worth U.S. citizens have offshore accounts to protect their assets from creditors...
Investment News: Offshore banking on endangered list
Legitimate offshore banking by wealthy Americans may be the next casualty of the UBS AG tax evasion case... Having money in an offshore account is perfectly legal as long as it is reported to the Internal Revenue Service and taxes are paid, and many high-net-worth U.S. citizens have offshore accounts to protect their assets from creditors...
Investment News: Offshore banking on endangered list
Permalink posted by markw @ 5:36 AM 
 |
 |  |
  |
