Banking – The Achilles Heal of Many Offshore Structures

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Banking – The Achilles Heal of Many Offshore Structures

There used to be a time when you could form a Belize or BVI IBC open a Swiss bank account and run off into tax evasion glory. Those days are over. There was a time when setting up your tax or asset protection strategy was the critical factor in designing your offshore structure. Those days are over. The problem with any of these solutions is increasingly banking.

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