Africa is host for New Tax Havens

more+
less-

Just when we thought it was safe to go into the water up pops another school of sharks. Now, undeterred by the attacks on off-shore tax evaders, money launderers, and terrorists up pops a new location for tax havens, AFRICA.

It appears that the news of the destruction of commercial bank secrecy laws did not reach some people or perhaps it did and now new markets are opening. While hope springs eternal for those looking to hide assets, buyer beware.

Please see full article below for more information.

LOADING PDF: If there are any problems, click here to download the file.

Published In: Administrative Agency Updates, Criminal Law Updates, Finance & Banking Updates, International Trade Updates, Tax Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Sanford Millar, Law Offices of Sanford I. Millar | Attorney Advertising

Don't miss a thing! Build a custom news brief:

Read fresh new writing on compliance, cybersecurity, Dodd-Frank, whistleblowers, social media, hiring & firing, patent reform, the NLRB, Obamacare, the SEC…

…or whatever matters the most to you. Follow authors, firms, and topics on JD Supra.

Create your news brief now - it's free and easy »