Archive for July, 2008

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IRS tries to lift foreign professional secrecy at major accounting firms

Thursday, July 10th, 2008

It’s no news that accountants have been drafted as spies in the “War on Privacy”. What’s new this week, though, is that the IRS is beginning to put pressure on the big international accountancy firms with presence in the US (Deloitte, KPMG and the like) to in turn apply pressure to their overseas associates who [...]

Return of Capital is more important than Return on Capital

Wednesday, July 9th, 2008

I’ve said it before, but it can’t hurt to repeat. The return of your capital is more important than the return on your capital.
Before, I’ve used this cliche more in terms of avoiding investment scams. Today, I’m using it to refer to the stock market in general. We are now in a bear market. Actually, [...]

How to Leverage Offshore E-Commerce within Your Existing Business

Sunday, July 6th, 2008

Some regard ecommerce as an entirely new way of doing business, while others see it as simply a new channel to market existing products or services.
You could start something completely new from scratch. Better, though, is to avoid starting from zero. Instead, adapt your existing business and expertise to an offshore, e-commerce [...]

Intrigue, Mystery and Investment in Panama

Wednesday, July 2nd, 2008

Today I’m to writing to you from the beautiful city of Panama, Republic of Panama. I’m looking out over my balcony at ocean, palm trees and skyscrapers. I can hear seabirds and honking horns which stand out the regular drone you hear in any large city. It’s one of those hot and humid days, cloudy [...]

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