Sunday, March 29, 2009 at 12:12AM
In the post bag this morning there is this article sent to us by 'Without Borders', of the Casey Research group, which we hope that you find both interesting and informative as it is all about moving your money out of the country.
Things are getting uncomfortable for individuals and corporations looking to deposit their money in tax havens around the world. Just recently, Congress introduced the so-called “Stop Tax Haven Abuse Act,” which is designed to do away with the privacy afforded by doing business or investing outside the U.S. and to eliminate or reduce tax benefits available offshore. Simon Black and Fitzroy McLean, ex-CIA operatives, investment pros, and globe-trotting editors of Casey Research’s Without Borders, weigh in with their no-holds-barred opinion on the topic…