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Entries Tagged as 'Offshore Jurisdiction'

Offshore Trust Explained

August 6th, 2009 · No Comments · Uncategorized

A trust works by taking assets out of the ownership of the person establishing (‘settling’) the trust and putting them into the hands of a trustee. An offshore trust is simply one based in an offshore jurisdiction and its profits are usually not taxable there. The trustee normally follows the wishes of the settlor. Trusts, [...]

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