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Strategies & Market Trends : Currencies and the Global Capital Markets

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To: Peter Church who wrote (2343)	12/28/1999 1:44:00 PM
From: Hawkmoon	of 3536

Do you have any references or resources for setting up a corporation in Caymans without living there barringtongroup.com Or just do a general search for "Offshore Corporations and or Entities". The key is to create an entity offshore that holds the value of that money, permits investment of all types (including FOREX redomination of currency), and then permits her to take out just what she requires for income. In a no-tax country, the corporation she creates should be able to grow the net value of that money with no tax obligation, while she retains ultimate management and control over the corporate entity. She will eventually pay taxes, such as when she takes the money out either as salary or divestment. It just that, like an IRA, that money is sheltered tax-free until the corporations assets are liquified into cash. I don't know all the tricks, but I do know that it is possible with the proper structuring to do quite legally and with no violations of US tax law. Good Luck!! Regards, Ron

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