There are also those who divert funds from illegitimate interests into offshore accounts
It's been said that a huge portion of the wealth owned by the world's high-net worth individuals is stashed away in tightly secured offshore accounts
, protected from the prying eyes of the taxman.
Dubai: Offshore accounts
are no longer the preserve of the super-rich.
Financial advisers say a new tax amnesty announced by the Government is likely to be of "great interest" for individuals with offshore accounts
was running a big race in the Aintree marathon on Saturday, before tiring to finish 15th of the 17 who completed the course.
A four-time winner over fences and an entry for the Cheltenham Gold Cup, Offshore Account
landed his biggest win in the Grade 1 Ellier Developments Champion Novice Chase by 11 lengths at last year's Punchestown festival.
NEWSBOY'S 1-2-3 OFFSHORE ACCOUNT
PASCO WEE ROBBIE OFFSHORE ACCOUNT
ran a cracker in the William Hill Trophy at Cheltenham last month, and that performance earns him the nod in a t y p i c a l l y o p e n Topham.
At its most basic a UK domiciled and resident citizen may for example have an offshore account
simply to facilitate the paying of expenses of a holiday home abroad.
THE three who stand out for me are Snowy Morning, Offshore Account
and Patsy Hall, all of whom showed top-class form in novice chases, and stay and jump well.
For offshore account
holders and their advisers, it is now a question of when, not if, they will be contacted by HMRC.
THERE'S nothing to stop you having an offshore account
but you must declare any interest you receive.
Global Banking News-June 7, 2013--Canadian bank to reveal offshore account
details to IRS(C)2013 ENPublishing - http://www.