Steve’s China Adventure: The Finale
June 3, 2013 By: Steve Hilgart, Director of Marketing & Conference Operations One month in the far east, and GWP’s Steven Hilgart is bidding China farewell, leaving us with a few nuggets and observations he made along the way. I have to warn you, the third part in this trilogy is a long one… but […]
Forbidden Fruit: Is Apple’s Tax Avoidance Immoral?
May 24, 2013 By Bobby Casey, Managing Director Lambasting Apple for legally protecting its wealth offshore is misguided. We should be condemning the tax code that chased that wealth (and all the potential jobs) away! Let’s be clear: keeping and protecting your own wealth is not theft, no matter how you slice it. The IRS […]
50 Shades of Freedom
May 9, 2013 By: Kelly Diamond, Publisher A link flew across my Facebook page the other day suggesting I could vote with my feet by researching the freedom rankings of each state in the US: or as I call it the “50 Shades of Freedom”. The 50 Shades of Freedom refers more to the various […]
Offshore Re-education Camp: Lesson 1
May 1, 2013 By: Paul Seymour, Director of Client Services I was recently asked to start doing a periodic radio broadcast on Radio Free Latin America (RFLA), called Offshore Re-education Camp. It’s being piped in to the USSA from a secret location south of the border via short wave radio signals. The aim of RFLA […]
Online Retailers & Consumers Hit with a Fairness Tax
April 23, 2013 By: Kelly Diamond, Editor Online retailers are the latest target for tax revenues because up to now, people were engaging in duty-free e-commerce! While the larger online retailers like Amazon welcome the cost prohibitive nature of enforcing state and local taxes, it only demonstrates the UNfairness of legislation like the “Marketplace Fairness […]
Australian Money-Grab for Assets in Inactive Accounts
March 27, 2013 By: Kelly Diamond, Editor Without any known or present problem with the existing rule, the Australian legislature rushed a law into effect taking the inactive period from seven years to three before they seize the assets. This sudden change came as a surprise even to Australian banks, who find the arbitrary nature […]
Cyprus Bailout: Tax the Cypriot Bank Account Holders
March 18, 2013 By: Kelly Diamond, Editor Insolvent Banks are receiving bailouts all over Europe; Cyprus is getting shock therapy in the form of a levy on all Cypriot bank accounts. Individuals usually deposit money into a bank to keep their money safe… or at the very least KEEP their money. The recent bailout for […]
The Cook Islands: Your Assets’ Best Friend
March 8, 2013 By: Kelly Diamond, Editor Individuals have best friends. Your assets need one too: the Cook Islands. The Cook Islands are your assets’ best friend, because they constantly evaluate and fortify the measures by which they protect your wealth. Here at Global Wealth Protection, we write a LOT about laws initially created to […]
Death, Taxes and Offshore Accounts
March 2, 2013 by Brian Mahany The Fifth Amendment to the Constitution used to protect us from self-incrimination. When it comes to the IRS collecting taxes, your offshore financial documents are exempt from such protection. If you look up a court case titled In Re Various Grand Jury Subpoenas in the Manhattan federal court’s docket, […]
IRS: No One is Too Old, Too Poor or Too Sympathetic to Avoid Prosecution
by Brian Mahany, Esq – Legal Correspondent We have long said that the IRS and Justice Department is not letting up in their assault on taxpayers with unreported foreign accounts. Despite our warnings, many people with offshore wealth are still sitting on the fence. That “wait and see” approach could land them in jail. Why? […]