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Offshore holding companies...


Snake-Pit

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I should be legal if your money is legal.

It's also a great way to launder money isn't it?

Like money cash in hand from whatever...

But if you work earn and have company, why not get another company if you can ever afford it, to invest your money offshore into a high interest savings account?

 

But where should probably matter too, given my limited understanding of the Panama Scandal.

Edited by Snake-Pit
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Money from drugs, sex and whatever else, isn't legal but can be invested.

 

Money with tax and NI deducted is legal and also; can be invested.

 

If we're ever going to be allowed to do it, we must protect our freedom to legally invest offshore, and tightening up regulations about how well the local population are looked after too, it seems, from Panama.

Edited by Snake-Pit
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16 minutes ago, Len B'stard said:

Tenner says you cant explain what hes talking about :lol:

His point is that if a person has earned money legally then they should have the right to invest it, or hold it in a foreign bank, trust or company, as long as doing so is also legal.

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Just now, PappyTron said:

His point is that if a person has earned money legally then they should have the right to invest it, or hold it in a foreign bank, trust or company, as long as doing so is also legal.

How do you feel about inheritance tax?

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