Offshore tax consultants are specialist consultants who enable an individual or group to set up offshore accounts in a secure and confidential manner. Such offshore countries have a low tax policy which allows the individual to save money. Although such offshore financial centres are commonly referred to as tax havens, it is an inappropriate term. Unlike tax havens, such countries do not have constitutional banking secrecy and allows other countries to investigate the account, if the account holder is suspected of evading taxes. Offshore tax consultants have an important role to play in protecting the assets of the client. Continue reading
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