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Discussion in 'Accounting and Taxes' started by kisaa, Aug 2, 2010.

  1. kisaa

    kisaa
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    Once you have zeroed in on the jurisdiction, it is time to select the offshore banking provider. What are the favorable attributes of an offshore banking provider? An offshore banking provider is a bank located outside the country of residence of the depositor, typically in a low tax jurisdiction that provides financial and legal advantages.
     
  2. Fergal

    Fergal
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    Welcome to Business Advice Forum kisaa.

    In my experience the single biggest reason people use off-shore banking is for the tax savings it gives them. Why do you ask?
     

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