Ebook Offshore Companies: How To Register Tax-Free Companies in High-Tax Countries, by Michael Magnusson
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Offshore Companies: How To Register Tax-Free Companies in High-Tax Countries, by Michael Magnusson
Ebook Offshore Companies: How To Register Tax-Free Companies in High-Tax Countries, by Michael Magnusson
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Product details
Paperback: 146 pages
Publisher: Opus Operis (January 31, 2014)
Language: English
ISBN-10: 0957543832
ISBN-13: 978-0957543836
Product Dimensions:
5 x 0.3 x 8 inches
Shipping Weight: 7.7 ounces (View shipping rates and policies)
Average Customer Review:
3.7 out of 5 stars
5 customer reviews
Amazon Best Sellers Rank:
#1,445,658 in Books (See Top 100 in Books)
Great book written in a witty tone. Enjoyed the short read.My only comment would be that in itself (and as described in the book), the US and UK do not actually offer tax advantageous "offshore company" structures (without the use of other entities in actual low-tax jurisdictions). E.g. the discussed UK LLP needs an offshore entity in a zero-tax jurisdiction in order to become a "tax-free solution". Of course, conditions (such as non UK owners, non UK operations and non UK source income) apply.As such, the US and UK are not all that hypocritical as suggested in terms of condemning zero tax jurisdictions.Note that even when a full structure (such as described in the books) is used in practice, the benefits may be limited as members (obviously) still need to comply with the tax obligations in their home country of residence.
Easy to digest and very structured writing. Mr Magnuson wanted to give a taste to the reader on the tax systems of the shady tax havens, in contrast to the public opinion about them. Since mr Magnuson did such great research and present so many solutions that can derive from practical bureacratic obstacles in registering offshore, I expect to create a series of the book with renewed legal, tax and corporate elements in it. 150 pages have been proved to be rather insufficient for the bulk of information that must be included in a similar book.
now this is not a bad book. good information, a downright hilarious section on new zealand, and good insight as to how the world's biggest tax havens are probably the least expected, and the world's biggest financial bullies. good book, good read, good author, i enjoyed it. thanks!
The author is right about many things, the subject of the book is interesting but the chapters don't go enough into details.This book is to be considered as a first read if you don't know anything about offshore. If you are already aware about offshore companies you don't really need it event if there are some good advices and good adresses of offshore companies incorporators provided.
This book exposes how foreigners with money play the US tax-system like piano and American businesses + people who dance to music give their money away in high taxes to Big Brother!
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