Browse > Home / Save Tax / Papa Was A Rolling (Offshore) Stone

Papa Was A Rolling (Offshore) Stone

August 13, 2008

Did you know that some of the famous names in music and film use the benefits of offshore Companies and Trusts to reduce their income tax and protect their assets?

The members of the Rolling Stones (Mick Jagger, Keith Richards and Charlie Watts) utilise the benefits of offshore Trusts to ensure they pay only 1.6 percent of all income earned. They keep 98.4 percent of all their income! (Including from the highest grossing performance of all time - This according to the Dutch documents recently published detailing their tax affairs and the offshore structures involved).

Fantastic news for them - but it’s not only the rich & famous that can utilise offshore structures to save tax. There are many opportunities for an up-and-coming business or moderately wealthy individual to minimise their tax requirements and protect their assets from litigation or economic instability.

While it may not be possible to reduce your tax bill down as low as 1.6 per cent (unless you become a tax nomad and exile yourself from your home country) it is entirely possible for people like you and me to have an offshore Company or Trust within a financial management strategy to reduce taxes, protect your estate
and protect your assests in a legal and confidential manner!

Written by Corporate Services · Filed Under Save Tax 

Comments

Got something to say?