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Last updated on April 18, 2014 at 11:11 EDT

Latest Offshore finance Stories

2014-04-17 23:03:32

New legislation has passed in the Vermont State Legislature updating the state's captive law. The new law, which takes effect immediately, amends the reciprocal insurer section and creates a new “dormant” status for captives. Montpelier, VT (PRWEB) April 17, 2014 Vermont Governor Peter Shumlin signed new legislation passed in the State Legislature updating Vermont’s captive law, amending the reciprocal insurer section and creating a new “dormant” status for captives. The...

2014-04-11 10:55:02

New study puts a cost on 'round-tripping,' a method investors use to avoid the tax collector Tax evasion is widely assumed to be an eternal problem for governments — but how widespread is it? For the first time, a new study, co-authored by an MIT professor, has put a cost on a particular kind of tax evasion, known as "round-tripping," that the U.S. government has been trying to thwart. In round-tripping, U.S. investors move funds to offshore tax havens, then invest in U.S. equity and...

2014-03-20 04:22:47

LOS ANGELES, March 20, 2014 /PRNewswire-iReach/ -- The Wolfe Law Group is pleased to announce the launch of their new website: IRSOffshoreTaxEvasion.com. The new website is designed to help the estimated 10 million US taxpayers with undisclosed, offshore accounts which will be subject to IRS reporting by the implementation of FATCA (Foreign Account Tax Compliance Act). Beginning July 1, 2014 up to 400,000 Foreign Financial Institutions will have to disclose their US account holders or suffer...

2014-03-04 08:28:16

GRAND CAYMAN, Cayman Islands, March 4, 2014 /PRNewswire/ -- DMS Offshore Investment Services (DMS), the world's largest fund governance firm, has won the 2014 Best Offshore Advisory Firm Award from the influential international hedge funds magazine, Hedgeweek. http://photos.prnewswire.com/prnvar/20140304/NY76029 DMS was selected through a poll of the magazine's readers and the firm had no part in soliciting the award. More than 2,600 persons took part in the voting. Hedgeweek's...

2014-01-31 23:04:59

April Event Expected to Sell Out Hotel Nashville, TN (PRWEB) January 31, 2014 SIG, the premier membership organization for sourcing, procurement and outsourcing executives, today announces a robust agenda at their Global Summit in Nashville taking place April 1-3, 2014. The Omni Nashville Hotel where the event is taking place, is expected to sell out. The premium line-up of content includes keynote sessions on the economy, innovation, talent management, outsourcing and supplier...

2014-01-27 12:26:25

The Mainland's Tax Commissioner Plans to Increase Transparency NEW YORK, Jan. 27, 2014 /PRNewswire/ -- In an article published by South China Morning Post, Caplin & Drysdale's Elan P. Keller discusses China's plans to increase their cooperation with tax authorities and to push for greater transparency among all nations to reduce tax evasion. "This is catching on globally, and many other jurisdictions, such as China, are realizing the importance of greater tax transparency," said...

2014-01-23 23:21:06

Three-part Series Highlights Opportunities, Challenges and Solutions for this Critical Economic Issue Atlanta, GA (PRWEB) January 23, 2014 Information Technology sector jobs in this country are booming, which is expected to continue to be a long-term trend. For example, the U.S. Department of Labor estimates that in the next seven years, the more than 480,000 current computer systems analysts jobs will grow by 20 to 28 percent. Yet, the reality is that there is an IT skills gap in this...

2014-01-16 23:03:04

Aside from licensing its 1000th new captive insurance company, Vermont celebrated plenty of notable accomplishments in 2013. Montpelier, VT (PRWEB) January 16, 2014 It was a banner year as Vermont celebrated the 1000th new captive, but there were plenty of other notable accomplishments as 29 new captives were licensed, according to data released by the Vermont Captive Insurance Division. The new captives were made up of 16 pure captives, two industrial insured, three risk retention...

2013-12-04 23:04:55

The November 2013 edition of Captive Review featured their ranking of the 50 “most influential people in the captive industry,” and according to those contributing to the international poll, once again Vermont has considerable influence. Vermont’s chief regulator, David Provost, Deputy Commissioner of the Captive Insurance Division is number one in the overall world ranking up from third most influential in 2012. Montpelier, VT (PRWEB) December 04, 2013 The November 2013 edition of...

2013-11-26 16:24:53

COLUMBUS, Ohio, Nov. 26, 2013 /PRNewswire/ -- Community Hospital Alternative for Risk Transfer, Reciprocal RRG has been awarded a 2013 Stakeholder Team Accomplishment Recognition(TM) (STAR) award from Demotech, Inc. for its operating results in 2012, as verified in its June 30, 2013 statutory quarterly statement. A total of 2,736 Property and Casualty carriers were reviewed, with only 44, or 1.6 percent, meeting each of Demotech's objective criteria. Community Hospital Alternative for Risk...