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Product details
File Size: 1937 KB
Print Length: 28 pages
Publication Date: April 25, 2016
Sold by: Amazon Digital Services LLC
Language: English
ASIN: B01ETKDBGQ
Text-to-Speech:
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Amazon Best Sellers Rank:
#1,825,590 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
In a very warm and typically lighthearted vein, ‘Just For Fin’ states in his biographical data ‘I believe that there are some serious challenges in global finance, yet a very large number of people are unaware about these issues, given how dull finance and investment books tend to be. Is there a potential to reach a larger audience using humor instead?’ The answer after reading this very short, very accessible book is a resounding Yes!As he explained in Book 1 of this series, ‘Panama Papers & Offshore tax havens is a 3-part book series, that provides a critical examination of the rapid proliferation of offshore tax havens. These books go beyond what has publicly been revealed in the Panama Papers leaks by providing a detailed analysis of issues at stake.’Now probing more deeply into this topic, Just for Fin maintains his accessible manner of writing: ‘No exclusive club or party remains as exclusive as their members or invitees would like. Over a period of time, even the most exclusive of clubs get infiltrated by undesirable members, or in other words the not as rich, not as famous or not as powerful members. In order, to maintain the exclusivity / desirability of these clubs, it is very important to do a periodic purge of the undesirable elements that have managed to make their way in. This is very relevant when it comes to offshore tax havens. The Internet and competition amongst tax havens has made it too cheap and simple to join a club that is meant only for the rich and powerful. As I have demonstrated in my previous book, starting an offshore company is as easy as buying something on Amazon, and for a quite affordable sum of $ 2000 – 4000. This does not include the consultancy costs of a lawyer and CPA in your home country, which can be both difficult to access and expensive as well. But all said and done, the total cost and ease of entry has become remarkably easy in what was historically a highly exclusive club. Quoting from one of the online offshore service providers sites: “Once strictly the privilege of the super wealthy, offshore bank accounts have now become a common practice for anyone wishing to effectively lower their tax burden. Over 50 countries across the world offer foreigners the opportunity to legally open offshore bank accounts in their jurisdiction, providing formidable tax benefits.â€Getting into the meat of the book, the author divides his discussions into the following topics: How I stumbled upon Uber tax-haven, The way into this elite club, The Uber tax-haven MMMNC, Core SBUs of Uber tax-haven, The Uber tax-haven alternative global currency, How you can buy Uber tax-haven ESOP currency units, Ownership of the Uber tax-haven MMMNC , and Government finances in an Uber tax-haven economy. And in his closing words he states, ‘The end game is to examine whether is it possible to set up an offshore tax-haven that is safe, easy and inexpensive to join, that can finally bridge the gap between the masses and the super-rich of the world when it comes to paying taxes.’ Pie in the sky? Read and learn. Grady Harp, May 16
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