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tax news, continuously updated through the day.
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for international business.
Offshore-e-com:
A topical guide to offshore e-commerce focused on tax and regulation.
Lowtax Library:
One of the web's largest and most authoritative business and investment
information sources.
US Tax Network:
The resource for free online US taxation information, covering: corporate
tax, individual tax, international tax, expatriates, sales and e-commerce
tax, investment tax.
Personal
Business Tax Guide: Providing essential tax news and information
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artists, sportspersons and entertainers.
Offshore Trusts
Guide: OTG publishes news, features and newsletters on the use of
offshore trust structures.
The
two main Gibraltar telecommunications companies,
GibTel and Nynex, have been offering a range
of Internet services for some time, and there
are a number of smaller companies offering various
types of support service for site development.
Gibraltar's main
achievements in e-commerce so far have been
in the betting and financial derivatives sectors,
where a number of British companies have re-located
to take advantage of high-quality telecommunications
and Internet support from the local operators.
The
Commissioner of Banking regulates banking
in Gibraltar under The Banking Ordinance 1992.
A substantial amount of subsequent legislation
has kept Gibraltar up with current EU regulatory
standards. See www.lowtax.net
for further details of the regulatory regime
and of the offshore taxation regimes for banks.
Under
EU 'common passport' legislation any branch
of an authorised EU bank may establish itself
in Gibraltar subject only to notification
procedures. Likewise a Gibraltar-licensed
bank may set up branches elsewhere in Europe.
Most of the thirty banks established in Gibraltar
are branches of major UK, European or US banks.
Gibraltar-registered banks have three branches
elsewhere in Europe.
The
banks in Gibraltar provide a full range of
commercial services and are well connected
internationally, making this probably one
of the better jurisdictions in which to operate
e-commerce operations from a financial services
point of view, and of course transactions,
balances and remittances will not be taxed
as long as the appropriate corporate set-up
has been structured.
The Lowtax Library
hosts the web's best-known US and international tax news service
costing just $20 per month. Alongside topical, daily news, you can receive
weekly newswires on
a wide range of subjects.
Our 16 up-to-date intelligence
reports cover international tax-planning in depth, including
banking secrecy, offshore funds, e-commerce and offshore gaming.
IMPORTANT NOTICE:
THE LOWTAX NETWORK has taken reasonable care in sourcing and presenting
the information contained on this site, but accepts no responsibility
for any financial or other loss or damage that may result from its use.
In particular, users of the site are advised to take appropriate professional
advice before committing themselves to involvement in offshore jurisdictions,
offshore trusts or offshore investments. All materials on this site copyright
The Lowtax Network 1999 - 2012.
All content on this
site has been provided by BSIRN.
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