Africa is host for New Tax Havens

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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.

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Tax

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

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