Recent content by xiiskgp

After spending some months studying how things related to offshore works, FATCA is one of the things I still can't quite figure out the consequences of. While now FATCA is being implemented between the US and 5 European countries who will then automatically share information. Does that mean...

If they have no reason to believe I have an offshore company or account since there is never a transaction between the country I live in and the company in the UK and Hong Kong, will that keep me safe?

If I have a company in Panama (or another country) where I have a nominee director and nominee shareholder, but am the beneficial owner. If the company then has an account in, say, Hong Kong, under the company's name, but of course the bank knows I'm the one behind it since that's required...

A Nordic country that I live in signed a TIEA (tax information exchange agreement) with Seychelles. In Seychelles I have a company setup, it has a nominee shareholder and nominee director, I am only the beneficial owner. I have also made direct payments to that company as well from my Nordic...