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Recent content by Lumber Joe

  1. L

    Offshore Bank Account

    Offshore banking centers and tax havens facilitate tax competition that is induces national governments reduce taxes and make business environment more favorable for businesses. That in turn translates into higher economic growth. This benefits everyone ordinary people and HYIPs.
  2. L

    Offshore Bank Account

    Well, they are quite a good tool for keeping funds safely. Such accounts enjoy total anonymity and even tax authorities can not get information about your offshore accounts directly. However I would not be recommending you to leave such accounts unreported to local tax authorities.IRS has...

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