|
|
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.
|
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 .
"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.
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.
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 )
|