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Offshore Investment October 2009 Issue 200

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Global Change – the Future of the World Economy

Julian Stargardt, LL.B., F.R.G.S., CEO, Cambridge Business Group Ltd, Hong Kong
Julian Stargardt contemplates how globalisation is a phenomenon which extends beyond the economic sphere and studies the inter-relation between the economy, climate change and other factors around the world.

Tax Competition in Europe: Alive and Well?

John Graham, Graham Smith & Partners, Amsterdam, the Netherlands
In an analysis of tax competition among European jurisdictions, John Graham demonstrates how the competitors are fighting fit.

Taxpayers will suffer as politicians carry on spending

Richard Wellings, the Institute of Economic Affairs, UK
Richard Wellings ponders the future of taxation in the light of the record budget deficits predicted over the next few years.

International Tax Diplomacy

Terry Dwyer, The Australia National University, Canberra, Australia
Terry Dwyer reveals a hitherto un-noticed diplomatic demarche from the Duchy of Grand Fenwick to President Obama (translated from the Latin) which deplores the damage done, by Senator Levin, to previously amiable relations.

Jersey Foundations

Stephen Brennan, Lawyer, Trust and Private Wealth, Voisin Law Firm, Jersey, Channel Islands
A detailed overview of the new Foundations (Jersey) Law.

Migration of Luxembourg Holding 1929 Companies to Jersey

Simon Perchard, Director of Wealth Structuring Group, Volaw Trust Company, Jersey. Channel Islands
Simon Perchard explores the potential benefits to be gained by migrating Luxembourg Holding 1929 companies to Jersey in preparation for the revocation of the favourable tax treatment in 2011.

Madeira: the competitive alternative within the EU

Nuno Telleria, Madeira Fiducia Management, Madeira
Nuno Telleria reveals a new range of incentives, approved by the EU commission under state aid rules, which allow significant tax relief for companies and investors operating within Madeira.

The International Business Centre of Madeira

Robert Homem, Dixcart, Madeira
Robert Homem charts the development of the International Business Centre of Madeira and highlights the main advantages of establishing a company in this jurisdiction.

Why Guernsey is a popular jurisdiction for pension schemes for the mobile client

Alison Vine, Tax Director, Ernst & Young LLP, Guernsey, Channel Islands
Alison Vine promotes retirement planning opportunities in Guernsey.

Corporate Governance, Regulation and Life Post Credit Crunch in the Channel Islands

Paul Christopher, Partner, Ozannes, Guernsey, Channel Islands
Paul Christopher identifies the different emphasis on corporate governance offshore and argues that the level of governance is often higher than it is onshore.

Labuan – A Trust Law for the 21st Century

Mark Lea, Partner, Lea & White Solicitors, Hong Kong
Mark Lea guides us through important amendments to Labuan Trust law expected to enter into force by the end of 2009.

China Tax – A System in Constant Flux

Jack W. Flader, Jr., Chairman and CEO , The GCSL Group of Companies Limited, and Johnson Chien, Managing Director, GCSL, China
Jack Flader provides a comprehensive review of the development of China’s tax system.

The Decline and Fall in the Wealth of Nations

Brian Rowbotham, Rowbotham & Company LLP, San Francisco, USA
Brian Rowbotham contemplates the extent to which board inadequacy in major corporations has contributed to the current economic crisis and suggests how corporate governance could be structured to address this dangerous situation.

Politics in a Minefield

Derek Sambrook, FIB(SA) TEP, Managing Director, Trust Services, S.A., Panama
In the light of the unceremonious removal from office of Honduran President, Manuel Zelaya, Derek Sambrook reflects upon political stability in Latin America.

Dubai Limited Liability Partnership Procedural Matters

J. Richard Duke, Duke Law Firm, P.C., Alabama, USA
J. Richard Duke completes his series of discussions on the Dubai Limited Liability Partnership Law of 2004.

Musical Chairs with Blacklists, Grey lists and White lists.

Marshall J. Langer, Aventura, Florida, USA
Marshall Langer illustrates the constant movement of jurisdictions between the OECD black, grey and white lists and predicts how the entry thresholds for each category may shift in the future.

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