Introduction to

The Offshore Tax Manual by Vernon Jacobs and Richard Duke
is being converted into separate smaller books and reports. The
first revision is a summary of the original manual that is about 15%
of the original size and has been updated through August, 2006.
The name has been changed to Offshore Tax Strategies.  However,
portions of the original manual will be expanded and updated as
separate books such as "Legal Ways to Save Taxes Offshore and
Onshore" and "The Controlled Foreign Corporation Tax Guide".

Meanwhile, the 2001 second edition is archived on the Offshore Press
International Wealth Protection Library for subscribers who have an
interest in the state of the tax law as of 2001 or an interest in some of
the separate chapters that have been cut by about 85%.
 International Tax Law


If you (or a client) have a serious interest in protecting your assets with an offshore structure, in investing in foreign securities that are not available in the U.S., doing business outside the U.S. or LIVING AND working outside the U.S. for more than a year, then you need .......

The Offshore

Tax Manual
Second Edition
by Vernon K. Jacobs, CPA and
J. Richard Duke, JD, LLM

A Comprehensive Layman's Introduction to the Confusing Subject of International Tax Law For

  • International Investors, 
  • Entrepreneurs and their
  • legal advisors, tax advisors
  • and financial advisors

by Vernon K. Jacobs, CPA and

J. Richard Duke, J.D., LL.M.



575 Pages, 8.5 x 11, Single Spaced, 11 Point Font

Notice:  We are temporarily out-of-stock on this manual and additional copies may not be available for a few weeks. However, the entire contents of this manual are included in our Wealth Protection Library for about half the price of the printed manual.


Who Needs This 
Tax Manual?

If you think the U.S. domestic tax laws are complicated, confusing and discriminatory, wait until you venture offshore.  Whether you have an offshore trust, a foreign business venture or just want to have access to foreign investments, you will be confronted with some insanely complicated and punitive tax rules.

In addition, there is a huge amount of non-sense and outright lies on Internet web sites and in many of the books in your book store about how you can save taxes offshore.  Many of the people who bought into these scams and schemes in the past are now filing returns for past years and paying enourmous fines and penalties.

My name is Vern Jacobs and I'm a CPA with a focus on international tax law. Richard Duke, my co-author, is a lawyer with a Masters degree in international tax law and he teaches the subject in college.  It's not to our advantage to discourage you from going offshore.

There are plenty of very good reasons to expand your investment, business and financial affairs outside the U.S. -- but tax avoidance isn't one of them. I won't go into the details now because the reasons are explained in very plain English in our book.

The world isn't getting smaller in a physical sense, but it is getting a lot easier for peoples of different countries to interact, for investors to explore opportunities in other countries and for entrepreneurs to expand their businesses into many countries -- often without any travel.

The Internet and the World Wide Web have opened the door for millions of small investors and entrepreneurs to interact quickly and economically with peoples from all over the world. We believe this is the early stage of a technology revolution that will facilitate and expand cross border business and investing.

Meanwhile, the tax systems of the U.S. and other major countries of the world are based on concepts that emerged from an era of isolated nation states where there was very limited interaction between the peoples of different countries. The U.S., the U.K., Canada, Japan, the countries that are now part of the European Union and other major industrial countries have complex taxing systems that are designed to extract the maximum possible revenue from their residents. These tax systems often result in double taxation for those who venture outside the borders of their own country. 

In response, a growing number of people from high tax countries have sought relief through the use of low tax or zero tax countries. The high tax countries have responded with an assortment of laws and co-operative projects in order to pressure the tax havens into cooperating with the "big boys" to help the "big boys" to collect their taxes. 

However, unscrupulous or ignorant promoters of foreign trusts or foreign corporations are using the Internet to help peoples of many countries to create foreign trusts and/or corporations in order to save taxes. Whether these arrangements are legal varies from country to country, but in the U.S., there are substantial and complicated restrictions on the use of foreign trusts or foreign corporations to avoid or even to defer income taxes. 

This seminar manual and the seminar itself are a result of more than three years of research and writing that we have done to help our subscribers to understand the U.S. tax rules that apply to cross-border transactions. But we also want to help the non-tax specialist to understand these rules, so we have written this manual for the use of investors and entrepreneurs as well as for lawyers and tax advisors who are not international tax specialists.

We believe this is the ONLY comprehensive introduction to international tax law that is written for the layman rather than for those with many years of in-depth experience with tax law.

This manual does NOT go into the kind of transactions of primary interest to the tax advisors of huge multi-national corporations. Instead, it is written for the individual investor, for the person who has an offshore asset protection trust, an offshore annuity or life insurance policy or even a small business located in a country outside the U.S.

We have scoured the market and there is nothing like this plain English guide to the often confusing and complex tax laws that apply to U.S. persons who venture offshore for various reasons.

If you are not an accountant or lawyer who is working for a large multi-national corporation, we guarantee that this manual will answer your questions or we will refund the full price of the manual -- including shipping charges in the U.S. We also guarantee that you don't have to be a tax expert in order to benefit from this manual.

But if you do read this manual, you will know far more about international tax law than most of the tax lawyers and tax accountants in the U.S.

Chapter one will show you the legal ways to save taxes outside the U.S. and inside the U.S.  This chapter alone can be worth many, many times the price of the manual.

Chapter two will describe the many scams and schemes that are being promoted by ignorant or crooked promoters of offshore arrangements that are getting many U.S. taxpayers into deep trouble with the IRS.  This chapter may help you to avoid some draconian fines and penalties from failing to comply with the law.

Chapter three is a plain English explanation of the U.S. tax laws that apply to virtually every kind of offshore investment. This chapter is a distallation of research and advice given to past clients who have gladly paid fees of thousands of $$ for the information.

Chapter four is for those who are seriously thinking of expatriating and for foreign persons (non resident aliens) who have investments or business interests within the U.S.

Chapter five is a summary of the tax rules that apply to cross-border "e-commerce" via the Internet. It also describes some of the e-commerce tax schemes the IRS is actively trying to shut down.

Chapter six is an extensive explanation of the U.S. .rules that apply to the U.S. grantors and beneficiaries of a foreign trust. If you have any interest in a foreign trust, this one chapter is worth many times the price of the manual. You will not find this kind of practical and understandable information in any other tax book -- period.

Chapter seven is an explanation of how many high net worth U.S. persons are saving taxes with offshore life insurance policies. (This chapter describes the 'cutting edge' of aggressive tax planning outside the U.S.)

Chapter eight is an extensive and plain English description of the very confusing U.S. tax rules that apply to U.S. persons who own or control foreign corporations and international business companies.  It explains how a foreign company must be operated in order to enjoy any legal tax benefits to the U.S. shareholders.

Chapter nine is an understandable  explanation of the confusing rules that apply to foreign annuity contracts -- which offer the most asset protection for the least cost. This chapter also provides very hard to find contact information about how to acquire a foreign annuity.

Chapter ten provides a very brief description of the dozens of tax traps in the U.S. tax law that can cause serious problems for U.S. persons who venture offshore.

Chapter eleven is a summary explanation of the varous tax forms that  are required for different offshore structures such as a foreign trust, foreign corporation, foreign annuity, foreign bank account and others.

Chapter twelve provides a brief explanation of the tax laws of 21 popular offshore havens plus a general introduction to each country with extensive Internet links to web sites with more information.

If you have a need or desire for international diversification of for offshore asset protection ......

Don't Go Offshore Without It!

A more detailed explanation of each chapter is provided by the links below. And don't forget that you get a FREE LOOK. If you order the book and decide it's not what you want or need, you can return it for a 100% refund, including shipping charges in the U.S. 

The Offshore Tax Manual is no longer available in printed form. Copies of the manual are archived on the paid subscribers' web site.

I

Vern Jacobs
President
Offshore Press, Inc.

 

Offshore Tax Manual - 2nd Edition



The Offshore Tax Manual provides an in-depth, comprehensive primer on the complex area of international taxation both for the professional and lay readers. If you are getting involved in the offshore arena this manual will answer most of your questions.
     Gideon Rothschild, JD, CPA



 I learned an awful lot about what to do and, more importantly, what NOT to do in the offshore area. I've been to 20 years of continuing legal education courses. I'd rank this course among the top 5% for both content and presentation."
R. E. , J.D., 
Reno, Nevada

As an attendee of the (Offshore Tax Boot Camp) seminar, I can personally attest that Richard Duke and Vern Jacob's "boot camp" was the best event of its type I have attended. But the seminar manual is even better. Indeed, I picked up several tips that I anticipate will save me more than $10,000 in taxes in the next few years .

Mark Nestmann, Editor , The Sovereign Individual - www.nestmann.com

"The Offshore Tax Boot Camp Manual" is the best organized offshore tax manual I have seen."

David Tanzer, International Asset Protection Attorney

The Offshore Tax Boot Camp seminar manual reflects the distillation of a wealth of experience and research, placing both essential facts and practical observations at the fingertips of the practitioner. Every part of the manual is easy to read and user friendly. I regularly use it as a quick but authoritative reference on all aspects of my offshore tax practice.

Alexander A. Bove, Jr. J.D.
www.bovelaw.com

This was the best tax seminar I have ever attended -- and I've been to scores if not hundreds. It has given me an insight into U.S. and other taxation I would not have had and the material is now used regularly and frequently in our office. For someone who is a non-U.S. citizen, yet has U.S. clients, there could not have been a better overview of an area of extreme complexity

Ian Swindale, Trustee, Atlas Trust Co., Jersey, Channel Isle

Just a brief note to express our thanks to you and Richard for the effort you both put into the (Offshore Tax) Boot Camp. The quality and clarity of the material was self evident and I am sure all who attended shared our view of the value of the manual you produced.

Donald A K Neal, Australia

The second edition of the Offshore Tax Boot Camp Seminar Manual is as impressive as the first; filled with essential information and comprehensive coverage of everything and anything one needs to know about the offshore world and the complex tax rules and laws which govern it. I give this unique volume my highest recommendation.

Bob Bauman, JD, General Counsel, the Sovereign Society www.sovereignsociety.com

The (Offshore Tax Boot Camp Seminar) Manual is the singularly most comprehensive treatise of offshore planning issues published in some years; doubtless, the wealth of information contained in the Manual will remain valuable well into the decade. The Manual is published in a form which is easy to understand for the novice, yet useful to the experienced practitioner. It presents the difficult issues of U.S. taxation of offshore activities in a format that is comprehensible to laymen yet insightful to professionals -- an extraordinary feat. The Manual provides an A to Z map of the most common landmines encountered by U.S. citizens seeking to go offshore, and provides even laymen with a high level of understanding of these complicated issues.

Jay Adkisson, JD, Author the Adkisson Analysis ( www.falc.com )


 
The Offshore Tax Manual is divided into the following 12 sections. The links below are to separate web pages that provide a summary and a detailed table of contents for the applicable sections of the manual. 
  Legal Ways to SaveTaxes Offshore & Onshore   Tax Rules for Offshore Life Insurance
  Offshore Tax Scams and Schemes   Tax Rules for Controlled Foreign Corporations
  Tax Angles for Offshore Investors   Tax Rules for Offshore Variable Annuities
  Tax Rules for Nonresident Aliens and Expatriates   International Tax Traps for the Unwary
 U.S. Tax Rules for International E-Commerce   Cross Border Tax Reporting Requirements
  Tax Rules for Grantors and Beneficiaries of Offshore Trusts   A Survey of the Tax Rules in 21 Low-Tax  Jurisdictions
 
 
How to Order the Offshore Tax Manual


Copies of this seminar manual were $225 plus Kansas sales tax if applicable, plus $15.00 for first class shipping in the U.S. & Canada via the U.S. Postal Service. Copies in the form of web pages are available as part of a subscription to the International Wealth Protection Library for $120.

Money Back Guarantee

The bottom line

Don't Go Offshore Without It!



 Published by Offshore Press, Inc., P.O. Box 8194, 
Prairie Village, KS 66208-0194. Phone and Fax (913) 362-9667. 
Email Orders--@--offshorepress.com .
(Leave off the -- in the email address)

Offshore Press -- Your objective resource for global financial planning


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Sponsored by Offshore Press, Inc . Copyright, 2003, All rights reserved. Offshore Press, Inc., Box 8194, Prairie Village, KS 66208. (913) 362-9667. Email to Offshore Press.  Vernon K. Jacobs, Webauthor