Daily news, documents and intelligence about Offshore Financial Centers and those who conduct business in them that you will not find anywhere else.
RSS Feed Print
Turks & Caicos government taken over by U.K.
Internal Administrator
Posted: Saturday, August 13, 2011
Joined: 10/12/2010
Posts: 5779

Posted: 8/15/2009 1:59:30 PM

By: Another Offshore Domicile Down

Starting this week, Inland Revenue and the IRS will enjoy lots of new information that they can match up against other information to disclose tax cheats.

Posted: Saturday, August 13, 2011

Posted: 8/17/2009 11:11:30 AM

By: lucas

Wall street journal story today is key.Looking for those hong Kong companies that skimmed.Who will want to deal with American's ? In a country were you can go to jail for having a bag of weed Im not shocked,just sad for those people UBS cornholed.

Posted: Saturday, August 13, 2011

Posted: 8/16/2009 9:52:19 AM

By: Not really

Inland Revenue (who freely shares with the IRS) is taking over all account information for all accounts maintained on the islands. Those who have in the past used the TCI for tax evasion should start considering which federal prison camp is best for them.

There is no statute of limitations for tax evasion.

Posted: Saturday, August 13, 2011

Posted: 8/15/2009 5:21:44 PM

By: kenny

Almost all the names have to do with skimming from american companies. If you skimmed then you should be puking all others should chill and not listen to greedy lawyers


Jump to different Forum... 

We hunt for red flags in high-value, cross-border finance by monitoring offshore and onshore courts, regulatory actions, offering documents, and other sources - and email you the results.

View Recent Digests

Cayman Court Secrecy: A Huge Red Flag for Foreign Investors & Clients
David Marchant
As any fule kno, the biggest enemy of fraud, corruption, money laundering, and other forms of financial crime is transparency, while their best friend is secrecy. That's why the unprecedented mass sealing of cases that's taking place at the Financial Services Division of the Grand Court of the Cayman Islands is repugnant to anyone with a genuine concern for financial crime.