Sentences with phrase «offshore holding company»

My car had the TI Lusso Light Wood Package ($ 2,250), with leather seats and door panels plus handsome wood trim, and it gave me the urge to don a high - end televangelist - grade silk suit and move a few suitcases of penumbral - economy cash to a secret offshore holding company, maybe do a bit of spying on the side.

They included a law giving tax - exempt status to some companies including his offshore holding company Belize Holding Inc (BHI).

Although it's not illegal to have an offshore holding company or assets that are held in foreign accounts, most countries require politicians and other public figures to declare their holdings.

The massive international project involved approximately 400 journalists across 75 countries, plowing through roughly 11.5 million documents from a secretive Panamanian law firm specializing in creating offshore holding companies.

Our clients include offshore holding companies.

Not exact matches

The company holds $ 181.1 billion in offshore profits, more than any other U.S. company, and would owe an estimated $ 59.2 billion in taxes if it tried to bring the money back to the U.S., a recent study based on SEC filings showed.

The corporate trail leads to a clutch of other «Euro Forex» companies in Britain and New Zealand, held in the names of company formation agents, nominee directors, or offshore shareholders.

The documents, which cover more than 40 years worth of offshore companies created by the Mossack Fonseca firm, also exposed the holdings of a dozen other global leaders.

5) Dilution: Although Apple has a large cash pile, most of that is held offshore, and therefore the company would likely have to issue debt in order to acquire Netflix for $ 50 billion.

Shares of Singapore - listed offshore services company Ezra Holdings hit record low on Wednesday as concerns over its debt obligations continue to mount.

And using offshore accounts or holding companys aren't particularly effective methods for shielding income for tax purposes (since offshore accounts are subject to a whole whack of anti-avoidance rules and holding companys are typically subject to more or less the same tax rate as people in the top marginal tax bracket - the Tax Act has tightened up a lot since the 1960s so there really aren't that many «loopholes»).

In a report Tuesday, the research firm IHS Markit said that the world's biggest oil companies have divested offshore holdings and become less active in acquiring new tracts.

This net position in turn consisted of foreign currency asset holdings equivalent to about 20 per cent of GDP, with more than three - quarters of this in the form of equity investment (including direct investment by multinational companies in their offshore operations).

Until the chancellor George Osborne's budget crackdown on Wednesday, anyone buying property held by offshore vehicles could avoid stamp duty by acquiring a company's shares rather than purchasing the property directly.

The FSCS protection only applies to companies regulated with the FCA, so if your savings are held offshore check with your lender where it is regulated.

Artists have joined protests against the National Gallery of Victoria's contract with Wilson Security, which manages services at Australia's offshore detention centres on Manus Island and Nauru — the company is the subject of controversial claims regarding assault against asylum seekers held in its detention centres.

After the 2013 Supreme Court decision in Prest v Petrodel, attacking properties held by offshore companies (often referred to as «piercing the corporate veil») is more difficult.

The largest offshore deal announced in 2016 was the USD6.3 bn purchase of Bermuda - based property and casualty insurance services company Endurance Specialty Holding, one of two insurance sector deals in the top 10.

Midstream Oil and Gas Deal of the Year: Bahrain LNG Advising The Oil & Gas Holding Company B.S.C. (Closed)(nogaholding) on the development of Bahrain's first LNG receiving and regasification terminal project, in respect of the onshore and offshore aspects, including the development, construction and shipping aspects, as well as the financing of the transaction.

In August 2012 he assisted Hanson Renouf in a discovery exercise in a complex and high - value tracing claim by a divorcing wife against a Jersey trust, holding shares of companies in several offshore jurisdictions, that was alleged to have been settled by the husband out of assets subject to community of property laws.

The identification and valuation of these assets, which can be held in both domestic and offshore vehicles such as trusts, limited liability entities and the like, can trigger significant discovery disputes and involve multiple valuation experts (and the related review of valuation reports), lengthy depositions and the related forensic accounting and valuation of both funds and underlying portfolio companies.

If the assets held by the offshore companies were at the disposal of an individual who was a director or shadow director of the company, there may be a taxable benefit in relation to the personal use.

Resilient develops dominant shopping centres in mainly non metropolitan areas, and has substantial holdings in Fortress and the offshore companies.

While he held his assets in shell companies in Cyprus and other offshore havens, he said he wasn't fleecing the bank — he was trying to keep them out of the hands of Nursultan Nazarbayev, Kazakhstan's president since 1991.