On Sat, 4 May 1996, Sandy Sandfort wrote:
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ SANDY SANDFORT . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
C'punks
I wrote in reference:
Today, virtually anyone on this list can afford these techniques.
Actually, I disagree with Mr. Sandfort on this one.
Taxation of International Income is a tremendously complicated field. (You can get an LL.M. in international taxation alone for example). If your simply looking to pick a jurisdiction, that's not so hard. Neither is simply using a tax haven in simple ways or concealing skimmed or cash assets. Actually structuring an internatinal business endeavor is a whole different ball game.
We don't really disagree. What Black Unicorn writes is quite correct IF ONE IS CONCERNED WITH LEGAL CORRECTNESS. Not everyone on this list could afford to do completely legal international tax structuring. I still stand by my statement, however, that most list members could afford to use offshore techniques. (If you have a ton of money, by all means, hire Black Unicorn or someone similarly situated, to help you with your planning. Big money is a big target, andy you definitely need to have all your i's dotted and t's crossed.
Agreed. But for small "salt away" applications, the market is quite available to all participants, however limited their resources may be. I think I must have been reading you wrong.
S a n d y
--- My preferred and soon to be permanent e-mail address:unicorn@schloss.li "In fact, had Bancroft not existed, potestas scientiae in usu est Franklin might have had to invent him." in nihilum nil posse reverti 00B9289C28DC0E55 E16D5378B81E1C96 - Finger for Current Key Information Opp. Counsel: For all your expert testimony needs: jimbell@pacifier.com