Offshore accounts are appealing to those trying to hide money because they offer banking secrecy in certain jurisdictions, lax reporting requirements compared to domestic accounts, and complex ...

The Inland Revenue Board said the findings came from large-scale data sharing with more than 100 countries, as part of a ...

TOKYO (AP) — An investigation published by an international coalition of more than 100 media outlets, based on 11.5 million records of offshore holdings, details how politicians, celebrities and other ...

While having an offshore account is not illegal, adequate documentation is crucial to prove these funds are not derived from ...

Many US taxpayers still have questions regarding offshore accounts and FBAR filing requirements and compliance. Is there a genuine risk their activities (or lack of compliance) will come to light? The ...

For high-net-worth individuals looking to protect hard-earned assets, international asset protection strategies offer many appealing options. From offshore trusts and bank accounts to limited ...

Rep. Debbie Wasserman Schultz went after Romney's tax history, and his multiple international bank accounts during her appearance on Fox News Sunday. "I’d really like to see Mitt Romney release more ...

Ukrainian President Volodymyr Zelenskyy owns 15 homes including a $35 million home in Florida, has $1.2 billion in an overseas bank account, owns 15 homes, three private planes and has a monthly ...

The U.S. and other countries around the world are cracking down on offshore accounts in a bid to identify and penalize suspected tax evaders. Other investigations show the U.S. itself has become a ...

We’re able to get a pretty good picture of the extensive offshore financial system from massive data leaks like the Pandora Papers and Panama Papers, which helped to expose the shadow economy that ...

Offshore banking consists of keeping money in a financial institution located outside your country of residence. To open an offshore bank account, you'll need documentation for proof of identity, such ...

Understanding “offshore” starts with one simple certainty: nothing in the South African Income Tax or Reserve Bank regulations prohibits South Africans from opening a bank or investment account, or ...