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Offshore Finance and Tax News - Trends
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For much of its history, offshore banking has been seen first and foremost as an avoidance maneuver. Countless action and mystery movies depict Swiss bank accounts as places for villains to hide ill-gotten fortunes. Indeed, one need not rely on movies for evidence of offshore banks housing shady activities. Offshore bank accounts have been used to hide the profits for everything from drug sales to arms dealing to bribes – not to mention tax evasion schemes. But today, offshore banking is much more than a haven for underhanded financial shell games. Increasingly, legitimate businesses and individuals are finding it more ...
PANAJI - Goa will build two or three concrete transport corridors exclusively to transport ore using funds from the state’s mining industry, Chief Minister Digambar Kamat Thursday said. Replying to a debate on mining during the monsoon session of the Goa legislative assembly, Kamat also said the Rs.6,000 crore open cast mining industry in Goa had agreed to shell out Rs.500 crore towards a corpus for creation of mining related infrastructure. “The mining corridors will be created in Goa at the cost of exporters. The mining industry has agreed to pay the costs,” Kamat ... Read More
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