| Home |
| Banking Offshore |
| Estate Tax Planning Tip |
| About/Contact Tom |
| Our book + newsletter |
| Order an IBC |
| Subscribe to the Tax Haven Reporter |
| Fishing Photos |
 |
 |
|
Our book + newsletter
Avoid federal income and estate taxes
with the latest "trend" - the foreign offshore
estate. US (domestic) estates - even with the repeal of
the federal estate tax after 2010 - will still be subjected to Federal
income and gift taxes, as well as State income, inheritance and
estate taxes too! See page 254 of this edition. From the Author New 2003 (8th edition) of Tax Havens of the World is my best work. - the author.The author has over 13 years hands-on experience offshore in the no-tax havens of the Bahamas and Anguilla.The author is the head consultant for an offshore firm that has formed over 1,300 companies and a like number of trusts in these Caribbean jurisdictions. The First edition of Tax Havens of the World by Thomas Azzara was in 1985 - 18 years of continuos publication. From the New York Times Manhattan Prosecutor Criticizes Caymans Tax Pact By DAVID CAY JOHNSTON - December 8, 2001 New York Times"Federal Reserve data show that $800 billion is being held in Cayman Islands accounts for Americans, an amount equal to roughly one-third of all domestic bank deposits, according to Robert M. Morgenthau - the Manhattan district attorney". Manhattan District Attorney Robert Morgenthau told senators recently that about $800 billion in U.S. dollars is on deposit at some 600 banks licensed in the Cayman Islands -- more than twice the amount deposited in all New York City banks combined. From the Inside Flap "Over and over again the courts have said that there is nothing sinister in so arranging one's affairs as to keep taxes as low as possible. Everyone does so, rich or poor, and all do right, for nobody owes any public duty to pay more tax than the law demands; taxes are enforced extractions, not voluntary contributions." - Judge Learned Hand"The art of taxation consists in so plucking the goose as to obtain the largest possible amount of feathers with the smallest amount of hissing." - Jean Babtiste Colbert (French Statesman: Minister of Finance - 1619 - 83) C. Brooks a CPA from Pennsylvania writes.. "Best book on tax havens I've ever read." "They have no right to put their hands in my pockets." - General George Washington (1732 - 99) "The absence of income or significant corporate income taxes, along with political stability, is the bedrock on which foreign investment in The Bahamas has been built." - Embassy of the United States (Nassau, Bahamas) (April, 1990) "One of the most effective applications of offshore trusts is in an ownership combination with a limited company." - Richard Graham-Taylor, partner Ernst & Young, Grand Cayman (January 1990) "The legal right of a taxpayer to decrease the amount of what otherwise would be his taxes, or to altogether avoid them by means which the law permits, cannot be doubted." - United States Supreme Court, Gregory v. Helvering, 293 U.S. 465 (1934) "There is one difference between a tax collector and a taxidermist - the taxidermist leaves the hide." - Mortimer Caplin Editorial Reviews John S. Southwick, Mass. Graduate of the NYU School of Law with
offices in London's Imperial House and Geneva and the United States Certified Public Account, with offices
in Newton, Mass., and Providence, R.I To order the book and newsletter, send $200 (personal check or MO) to the following address. Thomas Azzara 1242 327 7359 (phone & fax).
(P.O. Box CB 11552
o Nassau o Bahamas o tel/fax 242-327-7359) |
