An Offshore Banking Option for Tax Beleaguered Businesses
May 22nd, 2012
The present atmosphere for business in the U.S. can be daunting. Under the current administration, the U.S. now has the highest corporate tax rate in the world. Small businesses, many of which are Subchapter – S Corporations or Limited Liability Companies (LLC), are being categorized as members of the “1%”. i.e., “the rich” – and are being demonized accordingly, with confiscatory tax policies being targeted at them.
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