Latest News for: Offshore wealth

Edit

UBS CEO warns Switzerland may lose world’s wealth hub status

Eye Of Riyadh 21 Jun 2024
Countries such as Hong Kong, Singapore, and the United States are competing strongly with Switzerland and making significant progress to be the world’s offshore wealth management hub, Financial Times reported, citing Ermotti.
Edit

ROWAN DE KLERK: It is not unpatriotic to invest abroad

Business Day 20 Jun 2024
When it comes to investment portfolios, offshore investing has materially outperformed the JSE over the past 10 to 15 years and this has had a real effect on the ability of South Africans to retire or achieve financial independence.
Edit

Supreme Court upholds Trump tax provision on offshore earnings

The Washington Post 20 Jun 2024
Some viewed the challenge to the one-time tax on offshore earnings as an effort to preemptively block Congress from creating a wealth tax ... .
Edit

Switzerland could lose wealth crown to Hong Kong, UBS chief warns

Swissinfo 19 Jun 2024
Hong Kong, Singapore and the US are aggressively competing, and making great progress, for the offshore wealth management crown that Switzerland holds today,” he said during a speech at Lucerne university on Tuesday evening.
Edit

Super-rich may quit UK over Labour plans for inheritance taxes on trusts

Hellenic Shipping News Worldwide 19 Jun 2024
... protections on offshore wealth they wanted to pass to future generations.
Edit

The super-rich may quit UK over Labour’s trust inheritance taxes plans

Gulf-Times 17 Jun 2024
Private banks and advisers to Britain’s super-rich say some clients may quit the country if Labour wins next month’s general election and pushes ahead with plans to abolish tax protections on offshore ...
Edit

UK Labour’s inheritance tax irks super-rich

The News International 15 Jun 2024
Private banks and advisers to Britain’s super-rich say some clients may quit the country if Labour wins next month’s general election and pushes ahead with plans to abolish tax protections on offshore wealth they wanted to pass to future generations.
Edit

Analysis-Super-rich may quit UK over Labour plans for inheritance taxes on trusts

The Star 14 Jun 2024
... wealth they wanted to pass to future generations.
Edit

Forget red and blue: America's real geographic divide is between bosses and their employees

Business Insider 12 Jun 2024
Domestic offshoring threatens to lock in these effects, potentially costing the country trillions of dollars in forgone wealth creation ... There is one surefire way to reverse domestic offshoring ... There is one surefire way to reverse domestic offshoring.
Edit

FEATURE: Offshore banking; a haven for corrupt politicians

B & FT Online 11 Jun 2024
For many, the move offshore is driven by legitimate financial strategies, seeking to optimize wealth and secure financial stability ... by a desire to evade justice and maintain their ill-gotten wealth.
Edit

Feds said drug money fueled Miami firm’s real estate buying spree, but nobody was charged

The Spokesman-Review 10 Jun 2024
... in registering an offshore company called Halfmune Holdings in the British Virgin Islands ... There is nothing illegal about operating offshore companies, which can maximize wealth and minimize taxes.
Edit

Federal, state officials sign memorandum to boost wind power in Maryland

Wtop 09 Jun 2024
... of offshore wind power in the U.S ...Offshore wind means new manufacturing jobs, higher wages, and more opportunity to grow wealth for Maryland families,” Moore said in a press release on the agreement.
Edit

BIR to go after Alice Guo's tax records, possible tax evasion

The Philadelphia Inquirer 08 Jun 2024
said his agency will fully cooperate with a Senate inquiry into Guo, whose citizenship and wealth have become the center of ...
Edit

Minority Millennial summit pushes political involvement for Long Island young people

Newsday 31 May 2024
Young people interested in building personal wealth have more opportunities than ever today — including in newer industries such as offshore wind development — but they need to be involved in political climate change too.
×