First came the Panama Papers, now the Paradise Papers, exposing how the high net worth individuals conduct their investing, in part, via this vehicle. The people and companies named in the article continually indicate that they followed all the appropriate rules and regulations in each jurisdiction and that they did nothing wrong.
So how does one go about setting up a legal investing corporate structure in say the Caymans? Is it worth it?
Edit: took out the word "ethical" in the question "so how does one go about setting up a legal and ethical investing corporate structure. Let's face it, this is not a post about ethics, just about legality and mechanics of tax avoidance optimization
Submitted November 05, 2017 at 04:19PM by drogovic http://ift.tt/2Am0JCX
