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Yearly Archives: 2017

Americans Renunciating Citizenship is Heading for Record Year!

Now nearly 1,400 Americans renounced their citizenship in the third quarter of 2017, according to US Treasury Department data. The trend suggests the total for 2017 will be more than 6,800: 26 per cent above the 2016 total and 56 per cent higher than 2015.   Americans are on pace to renounce their citizenship in record numbers in…
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Sen. Bernie Sanders Call For Senate Investigation of the Offshore Paradise Papers Leak

We had previously posted on October 30, 2017 Another Offshore Law Firm Gets Hacked! where we discussed that Appleby, an Offshore Law Firm/Corporate Agent's Recent Data Breach is yet Another Example of How the IRS Can Discover your Unreported Foreign Account and how the Super-rich clients of offshore law firm Appleby are bracing themselves for the exposure of their financial secrets, after the…
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More Then 31,000 US Taxpayers Exposed in Paradise Papers!

We had posted on October 30, 2017 Another Offshore Law Firm Gets Hacked! where we discussed that Appleby, an Offshore Law Firm/Corporate Agent's Recent Data Breach is yet Another Example of How the IRS Can Discover your Unreported Foreign Account and how the Super-rich clients of offshore law firm Appleby are bracing themselves for the exposure of their financial secrets, after the firm…
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OECD Report Finds That Tax Haven Islands Are Now Sharing Information

According to Law360, The Cayman Islands, Bermuda and Mauritius, three of the world’s most famous tax havens, are among the countries deemed “compliant” or “largely compliant” with international standards for tax information exchange, according to a series of reports released Monday by the Organization for Economic Cooperation and Development. The island nations, which all pledged…
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