There are many US tax benefits to living, working, and/or investing offshore. This article discusses each of the Tax Benefits of Going Offshore in detail with links to supporting information. If you are considering going offshore, this is a must read.
If you are a non-US person with a US corporate bank account, and your bank tells you to convert from your foreign corporation to a US entity, be afraid, be very afraid. Find out the consequences here.
Offshore Bank Licenses go the Way of the Dodo The issuance of offshore banking licenses to anyone willing to put up some cash is a thing of the past. Back in the day, if you wanted to get in to the financial services industry, all you needed to do was find a small Caribbean island