Territory
with a specific tax system, guaranteeing certain benefits to foreign
entrepreneurs, there were a few thousand years ago. Thus,
the island of Delos - the capital Delian League - was the first area of
trade for Phoenician merchants who want to avoid the financial
oppression of the many taxes and duties.
A similar system of taxation also existed in the medieval Italian city of Livorno and Trieste and Yugoslavia - in the city of Sibenik. These areas are the first offshore zones, which are actively conducted international trade. Currently, these areas already exist in many European and American countries.
A similar system of taxation also existed in the medieval Italian city of Livorno and Trieste and Yugoslavia - in the city of Sibenik. These areas are the first offshore zones, which are actively conducted international trade. Currently, these areas already exist in many European and American countries.
The first offshore in the modern sense appeared in Switzerland. It
was here that the first law was passed, which require financial
institutions to guarantee the privacy of customers' bank accounts. Another major offshore zone formed in the thirties of the 20th century in the Netherlands. For
British taxpayers appearance territories with special tax became
relevant in 60 years - a period of sharp increases in tax rates. As the offshore areas were then British colonies, and some dependent state.
Russian business offshore companies have long been a conduit for money laundering and capital flight. Especially
popular among Russian businessmen enjoyed Cyprus, which joined the EU
before was the largest state-transporter semi-criminal money.
Modern
offshore - an area where the law allows companies with foreign capital
not only to do business in complete privacy, but also to optimize the
taxation of business. To
combat the so-called "black" offshore, the international community has
set up special groups and organizations involved in the regulatory
control of this business. Because
of this, offshore now becoming civilized and legitimate
business-oriented areas, which are waging a successful business
activities not only major trading and manufacturing company, but also
the private sector.
Thank's
ReplyDeleteserrurier paris
Nice post. There are many offshore jurisdiction today. Every jurisdiction has own suit of regulations and benefit set. But all follow the common motive of providing tax relief to the financial investors and managing there funds by opening Offshore Bank Account for them.
ReplyDeleteyup i also agree that financial investors have their own tax relief...
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