Brazil has been claiming that Delaware and Wyoming are tax havens — because they have low costs and minimal disclosure requirements for business entities. The New York Times reports that Luxembourg’s prime minister has now joined in this claim. He has called for both Delaware and Wyoming to be put on the tax black list of the Organization
Trouble In Paradise: A Leading Offshore Tax Haven Might Have to Increase Taxes
One of the best known international tax havens — the Cayman Islands — is being forced to consider something that would have been unthinkable only a couple years ago: raising taxes. This may be yet another blow to Americans who hold assets in offshore accounts. As reported in a recent New York Times article by