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Tax-avoidance schemes are being offered up to the wealthy like vacation packages
businessinsider.com
Tax-avoidance schemes, that include creating offshore accounts in tax-free countries, are being offered to the wealthy like vacation packages.
A screenshot of the TMS Group's "International Business Company Packages" page shows several plans — called "The Indian Ocean," "The Caribbean," and "The Oasis" — being offered to businesses or individuals shopping around for the best place to open up an offshore account.
Two of the packages promote setting up a company in one country, then creating a business address and offshore bank account in two more countries. Seychelles and Belize are offered as possible locations for the company set-up, while Malaysia is the chosen country for business addresses.
Another site, Offshore Desk, offers an €1890 ($2,300 USD) "Seychelles Package," allowing taxpayers of any country to incorporate a business in Seychelles and a bank account in Cyprus.
Like TMS, the package ad features a photo of a tropical island, and promises "zero taxation...alongside a quick, inexpensive and hassle-free formation process."
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