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Hong Kong To Provide Open-Ended Fund Company Tax Breaks

On being questioned in the Legislative Council on the regulatory and tax arrangements for the new open-ended fund company (OFC) structure in Hong Kong, the Secretary for Financial Services and the Treasury, Professor K C Chan, confirmed that the structure will be...

Hong Kong Offshore Company Formation

HongKong One Country Two System Chapter 1, Article 5 of the Hong Kong Basic Law, the constitutional document of the Hong Kong Special Administrative Region, states that: “The socialist system and policies shall not be practised in the Hong Kong Special Administrative...

Is Cyprus an offshore tax haven within the EU

Cyprus is an island country in the eastern Mediterranean Sea, located south of Turkey, west of Syria and Lebanon, northwest of Israel, and southeast of Greece. It is the third largest and third most populous island in the Mediterranean. There is a country at the...

Legal Ways to Reduce Taxes: Common Questions and Strategies

What are some Legal Ways to Reduce Taxes Taxes can take a big bite out of your income, but there are legal ways to reduce your tax bill. From deductions to credits to smart investments, there are plenty of strategies you can use to keep more of your hard-earned money....

Putin and the international tax information exchange

Putin won, Putin wins, Putin will win?… Time Magazine, one of the world’s most prestigious publications, has chosen the year’s most influential person. To be precise, he was not chosen, but voted for. The result proved rather interesting, with Russian President...