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Vanuatu Must Hand Over Tax Evidence To Australia

By admin | August 6, 2008

How many times have I said that when trying to set up a confidential structure, don’t be lazy and go for the next door tax haven? I certainly wrote that, for example, in my comments on the Liechtenstein case targeting Germans. Another example is the Brits who were hiding their money in Jersey, or the Americans in the Caribbean. Now, Australians with secret structures in Vanuatu are being targeted… according to an article on tax-news entitled Vanuatu Must Hand Over Evidence To Australia In Tax Probe.

If you are looking for offshore banking confidentiality, even in this internet age, putting distance between you and your offshore structure is a big help.

For more information please refer to my Q Practical Offshore Banking Guide 2008. 

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