April 1, 2008 – A small CD-ROM containing data from a small bank in a small state plunged a large number of international investors into a major crisis. From which she hasn’t really recovered yet. The capitalists, constantly on the run from the grasp of the treasury, no longer know where to go. How easy […]
Artikel zum Thema: Asset Management
Unrest among German insurers
Tax-saving models from the Principality of Liechtenstein come under the spotlight Düsseldorf – The affair surrounding tax evasion in Liechtenstein is also worrying German insurers, who are trying to woo customers with controversial tax-saving policies from the Principality. The insurance group Talanx is investigating possible risks of its Liechtenstein business, as group CEO Herbert Haas […]
Unrest among German insurers
Tax-saving models from the Principality of Liechtenstein come under the spotlight Düsseldorf – The affair surrounding tax evasion in Liechtenstein is also worrying German insurers, who are trying to woo customers with controversial tax-saving policies from the Principality. The insurance group Talanx is investigating possible risks of its Liechtenstein business, as group CEO Herbert Haas […]
Criminal tax fraud or money laundering with the help of foundation trustees and life insurance companies
Johannes Fiala, Peter A. Schramm It is the responsibility of the capital investor to have “tax saving models” examined independently of “fee and commission interests” before making an investment decision. Because even re – nommierte credit institutes arrange dubious investment models until today. Seit Jahren schreiben Steuerfahndungsstellen Bundesbürger wegen „Ermittlungsverfahren nach § 208 Abs. 1 […]
Renaissance of the non-profit status – the trust foundation
Dr. Johannes Fiala and Frank M. Strobelt* Trust foundations have a tradition in Germany that goes back more than a thousand years. Many foundations established hundreds of years ago are still operating today. The state explicitly acknowledges the commitment of donors with generous tax breaks and benefits related to the law of public benefit. Positive […]
Insurance coats come into fashion
With the final withholding tax, traditional asset management with funds is losing much of its appeal. Insurance shells based on the Luxembourg or Liechtenstein model are likely to gain in importance despite the current heated debates on tax evasion. You don’t have to be a prophet to predict one thing: insurance shell companies will come […]
Black money abroad and other investment risks
The fair tax and white west fairy tale in private banking “My son, be fond of business by day, but do only such business that we may sleep soundly by night.” (Thomas Mann’s, Buddenbrooks) Tax fairness: “Inflation is eating away at assets and my retirement savings!” The “perceived inflation” of real everyday expenses […]
Life Insurance
In the course of the coming final withholding tax, life insurers from Liechtenstein are increasingly appearing in Germany. In this context, the Munich lawyer Dr. Johannes Fiala has pointed out that the problem of abuse of structure can arise here, which leads to a tax-privileged life insurance policy becoming a taxable investment. According to Fiala, […]
The fair tax fairy tale
Black money abroad and other investment risks “My son, do your business with pleasure during the day, but only do it in such a way that we can sleep peacefully at night”. (Thomas Mann, Buddenbrooks) Tax fairness: “Inflation is eating away at assets and my retirement savings !” The “perceived inflation” of real everyday […]
Helpful introduction to unknown field
A review of: Fiala / Nerb (eds.) Investments for wards and persons under guardianship Legal and financial mathematical basics for guardians and custodians Bundesanzeiger Verlag, Cologne 2003, 166 pages, 29.80 E ISBN 3-8981 7-280-5 www.bundesanzeiger.de It does not require any particular imagination to realise that the demographic factor, which has a major influence on the […]