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Offshore Financial Centers |
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What does the word “offshore” mean? What is a 'Tax Haven'? Words can mean different things to different people. The concept of the Tax haven is an old and very outdated concept. Its usage betrays a fundamental failure to understand the 'offshore' world. This course examines the “offshore” world. It details the “rules” governing offshore business; looks at the US and European perspectives on “offshore” trade and commerce as well those of countries situated in the Middle East and Asia; it looks at “money laundering” and international banking rules; it discusses the various types of offshore entities; surveys numerous offshore jurisdictions and finally describes in detail how the “offshore” philosophy can be legitimately utilized to increase the benefits of international trade and commerce. This course is a must for those involved in international business.
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