Why Did Harry Redknapp Use Monaco?
According to the prosecution Harry Redknapp used a bank account in Monaco to evade paying taxes on money he was paid as part of football transfers. The real question is why did he use Monaco and how come the ultra rich country isn’t scoffed at in the UK press in the same way as the Isle of Man, Jersey and Guernsey whenever the notion of offshore crops up?
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The Global Financial Centres Index 9 – 2011
The 2011 Global Financial Centres Index is out and it makes very interesting reading. Perhaps of little surprise given the state of many major economies at the moment many financial centres have seen their ratings drop but it’s all far from bad news, especially if you’re based onshore.
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United Kingdom – Tax Effective?
The United Kingdom as a tax effective jursisdiction? Absolutely. The UK offers some of the most tax efficient structures available to the world wide community. As long as there is no trade within the UK – then you can benefit from the prestige of a UK company whilst enjoying tax free profits.
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British Virgin Islands (BVI) – International Business
British Virgin Islands (BVI) is a British territory, located in the Caribbean. The islands make up part of the Virgin Islands archipelago, the remaining islands constituting the United States Virgin Islands.
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Isle of Man – Offshore
The Isle of Man is situated in the heart of the British Isles. The country is an internally self-governing dependent territory of the British Crown. It is an independent sovereignty and not part of the United Kingdom.
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