The government of Curaçao has approved a law that will allow for the formation of trust funds. A Curaçao trust will be treated similar to the well known private foundation (Stichting Particulier Fonds, SPF). Read Full Article »
With the demise of Greece, the interwoven Cyprus economy has taken a beating. Following the footsteps of other Euro members, the Cypriot government has asked the EU for a bailout. Of course it would be foolish for them not to try, since the European Commission seems so keen in handing out billions of Euro's. Read Full Article »
The recently enacted Foreign Account Tax Compliance Act (FATCA) threatens to isolate the United States by treating every American citizen as a suspected tax evader. Read Full Article »
What would happen if you were to ignore your tax liabilities for 17 years and got caught? Would you be able to shake it off simply by paying the taxes that were owed, without so much as a court-case, fines or other nasty consequences? Probably not. Read Full Article »
After the narrow defeat of Nicolas Sarkozy by Francois Hollande, France is in for another round of big spending government heroin. A lost opportunity just as Sarkozy, by no means a fiscal conservative, seemed to see the light. During his campaign, he even replied to Hollande's calls for a 'European growth pact', a euphemism for 'Let others pay the bill of our welfare state', that "The only way for France to recover control over its destiny is to repay its debts." Read Full Article »
Good news for freelancers, international business owners and people working in the transport sector: Panama has launched a new type of permanent residency visa which is probably one of the easiest obtainable residence permits in the world. Read Full Article »
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