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 Should you stash cash in the Caymans?

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RR Phantom

RR Phantom

Location : Wasted Space
Job/hobbies : Cayman Islands Actuary

Should you stash cash in the Caymans? Vide
PostSubject: Should you stash cash in the Caymans?   Should you stash cash in the Caymans? Icon_minitimeSat Nov 15, 2014 9:47 pm
The Cayman Islands is touted as one of the world's top 10 finance hubs. The chief reason that the Caribbean hotspot holds such cachet is an epic perk it provides - freedom from income tax.

Should you stash cash in the Caymans? Article%20Lead%20-%20wide6315294211lr9iimage.related.articleLeadwide.729x410.11ll4e.png1415843539151.jpg-620x349

The global tax haven has attracted droves of Australian companies. The likes of QBE, News and Macquarie are there. Even the Future Fund has 35 entities on the offshore international tax haven. In step, Australia and the Caymans have a Tax Information Exchange Agreement (TIEA). Yet Australian Taxation Office scrutiny of Aussie companies with Caymans dealings seems unwelcome.

Read more: http://www.smh.com.au/money/investing/should-you-stash-cash-in-the-caymans-20141113-11ll4e.html#ixzz3JCD0NUO2
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Should you stash cash in the Caymans? PgkowJT
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