Tag: Internationalization: Taxes

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How to use a Marshall Islands corporation to avoid foreign estate tax

February 17, 2015 San Diego, California Jim Morrison used to sing: “No one here gets out alive”. And while few people really expect to die, it happens to all of us. Death, like Hemingway wrote of going bankrupt, happens gradually then suddenly. Given the inevitability, it’s always a good idea to have a

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Hong Kong is doomed—foolishly lowering and even eliminating taxes

February 5, 2015 Sovereign Valley Farm, Chile The government committee was clear—if nothing was to be done, the government’s finances would be doomed in as little as seven years. The Finance Secretary had some tough decisions to make. Raising more revenue for the government over the next few years is crucial. He was

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How you can avoid dying as property of the state

January 30, 2015 Sovereign Valley Farm, Chile The Japanese are known for being great savers and for prioritizing family ties. So it’s particularly important for them to make sure that their savings get passed along to their children. It’s part of human nature to want to pass along our knowledge and our wealth

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024: No, taxes are not what we pay for civilized society…

“Taxes are what we pay for civilized society.” The famous quote by US Supreme Court Justice Oliver Wendell Holmes Jr. is inscribed above the entrance to the headquarters of the Internal Revenue Service. Most people don’t have a clue what he meant, or in what context the statement was made. They simply parrot

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EstatePlan

Four important estate planning steps you should consider

September 25, 2013 Sovereign Valley Farm, Pencahue, Chile It goes without saying that parents want the best for their children… and that each generation wishes the next to be even more prosperous and successful. For the most part, this has been the historical pattern since the Industrial Revolution; every successive generation has enjoyed

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Why Norway is a BS argument for higher taxes

August 1, 2012 Bergen, Norway Ah, Norway. Government-loving statists love to hold this place up as a shining example that big government and high taxes are good. Free education. Free healthcare. “Happy” people. Yes, Norway is certainly one of the wealthiest countries in the world on the basis of GDP per capita… and

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