Evidence from leaked account data on how elites use offshore banking [pdf]

Post by Trias11 » Sat, May 08, 2021, 8:35 PM UTC

wait_a_minute wrote: post #5

Trias11 wrote: post #3

>> the customers of offshore banks are likely to be from the wealthiest segment of whichever society they come from. What a surprising discovery. Governments with the most abusive tax policies still cannot realize that they cannot tax their way to prosperity. Most creative and productive people, entities and businessed did, do and will use any tools at their disposal to escape barbaric tax racket and turn their atten…

What do you recommend for people who want to increase their wealth but aren't rich yet? The people who have potential and a solid foundation but don't yet have the capital necessary to move around like that and find the most favorable place.

Post by vmception » Sat, May 08, 2021, 8:35 PM UTC

wait_a_minute wrote: post #5

Trias11 wrote: post #3

>> the customers of offshore banks are likely to be from the wealthiest segment of whichever society they come from. What a surprising discovery. Governments with the most abusive tax policies still cannot realize that they cannot tax their way to prosperity. Most creative and productive people, entities and businessed did, do and will use any tools at their disposal to escape barbaric tax racket and turn their atten…

What do you recommend for people who want to increase their wealth but aren't rich yet? The people who have potential and a solid foundation but don't yet have the capital necessary to move around like that and find the most favorable place.

Post by ficklepickle » Sat, May 08, 2021, 8:38 PM UTC

vmception wrote: post #6

If you want more insight into this with less pejorative language, ditch the ICIJ and the Brookings study and look at KPMG, Deloitte and PwC annual reports on the offshore industry. The also know what they are doing instead of trying to reverse engineer it like these studies are.

Post by pdimitar » Sat, May 08, 2021, 8:39 PM UTC

vmception wrote: post #6

If you want more insight into this with less pejorative language, ditch the ICIJ and the Brookings study and look at KPMG, Deloitte and PwC annual reports on the offshore industry. The also know what they are doing instead of trying to reverse engineer it like these studies are.

Post by smashah » Sat, May 08, 2021, 8:39 PM UTC

vmception wrote: post #6

If you want more insight into this with less pejorative language, ditch the ICIJ and the Brookings study and look at KPMG, Deloitte and PwC annual reports on the offshore industry. The also know what they are doing instead of trying to reverse engineer it like these studies are.