Ngebray.com,- From the people who brought you the Panama papers. A brand new investigation into the tax lives of the rich and famous this week will reveal the offshore secrets of politicians, sport stars, celebrities, global royalty, and some of the world’s biggest companies. They all make use of offshore paradise islands to keep their riches secret. Mainly, it’s to avoid tax.
Offshore islands have been used to bust international sanctions to hide compromising financial relationships and even to pay school fees. A massive document leaked shoes the respected offshore law firm. Appleby is assisting wealthy individuals to avoid millions of pounds in tax. Yet experts will exploit loopholes to set up complex layers of company structures in tiny tropical islands by placing valuable assets like luxury homes, private jets, yachts, and trust funds into offshore companies.
Money can be funneled into the places that charge zero tax and ask few questions. Now this kind of service doesn’t come cheap and while hiding money offshore is not illegal. You need lawyers and accountants willing to push the limits of every tax law and lobbyists to keep politicians from getting too nosy. But when the lid comes off.
The ramifications can be huge as we unveil the faces behind some of the most secretive schemes it might emerge. There are somethings even money can’t buy.
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