Thursday, March 31, 2011

Offshore Banking & Tax

Offshore Banking & Tax: "One of the benefits to yachting is the fact that they operate in a Tax-Free environment. Due to the fact that majority of the worlds luxury yachts are registered in Tax Havens like the Cayman Islands, Isle of Man. When you start out in the yachting industry earning tax free dollars, it’s wise to open up an offshore tax account. There are a few offshore banks but you have to weigh up the pro’s and cons with each. Here are a couple to consider:"

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