Panama will stay strong because they have something the Rest of the World needs. Especially the Chinese and Russians. The Channel is Panamas Joker.
True Words. It is exactly like you write. They give the Banks who initiated this economic Struggle Billions to Rescue them and now they need more...
I think this was not a good idea from the beginning... Offshore Account is ok. but never ever for an Onshore Company or Private Person. Always use an Offshore Entity to hold the Account(s).
The IRS has much Power but if you use your brain or an good Offshore-Company Law-Firm there are still...
It depends on what you want to do with your Bank Account and where you are from. As a US-Citizen i would stay away from Swiss Banks, because one of the greatest Swiss Banks (UBS) already have given away customers to the US Government.
And many Banks need now various Documents to conform to the...
@samer
The G20 Nations promise many Things when the day is long. It will never happen that they can close down any of the Offshore-Heavens. OECD has no real Power at all.
Here is a nice article about the OECD and Tax-Heavens.
lpoffshore [dot] com/eng/oecd.html
(sorry, but not enough posts...
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