– What alternatives are there to the tax havens Andorra, Liechtenstein, Vatican, Switzerland, San Marino, and Monaco – To date, Germans have invested up to more than € 360 billion in tax havens, as Professor Gabriel Zucman recently determined. The widely praised way of buying tax CDs with allegedly mass self-disclosures is only the […]
Artikel zum Thema: Steuerersparnis
High tax relief for the committed citizen
Foundations offer the entrepreneur far-reaching advantages The state explicitly acknowledges the commitment of donors with generous tax breaks and benefits related to the law of public benefit. Even if it is not always comprehensible to outsiders at first glance that the charitable trust foundation in particular offers attractive advantages for citizens and efficient solutions to […]
Liechtenstein-Connections from the perspective of the investigators
The authors deal with the issue of criminal tax fraud and money laundering using foundation trustees and life insurance companies in Liechtenstein. From the practice of investigative investigation, they define whether, among other things, instigation or aiding and abetting by bankers or intermediaries is to be assumed. Red. Of course, in recent years the […]
Liability for real estate loans and equity financing with life insurance – banks, insurance companies and brokers are responsible for repayment
Life insurance policies for the repayment of construction loans The combination of several financial products (e.g. building loan and life insurance, real estate loan and building society contract) promises the investor additional income through possible interest rate differences or tax savings, and at the same time additional commission for the agent. However, it is not […]
Tax liability for gifts – or tax evasion deluxe
Pitfalls for donors, donees and authorities What aspects and what legal situation are there to consider when making gifts? A gift to one’s own child, a parent’s foundation to support daycare facilities or such a facility itself can be an interesting option for tax optimization. In the case of gifts, no one is required […]
High return, no risk, zero cost, lots of trust
Dr. Johannes Fiala and Dipl.-Math. Peter A. Schramm on the pre-programmed investor bankruptcy An 80-year-old business widow appears at the bank counter with her savings book. “Young man, I want to take off”. Upon further inquiry, “Everything!”. She didn’t care about the interest on advances. Fifteen minutes later, she returns to the checkout counter. […]
Professional asset destruction – by product sellers in private banking
– How the wealthy and the very wealthy get ripped off by the bank(st)er -. It is not only the financial crisis that motivates wealthy investors to change banks or asset managers every three years or so. Client disappointment with investment banking product salespeople runs deep? Uncertainty and doubts about competence, but also the fear […]
Tax and liquidity gifts for medium-sized companies
On 1 January 2007, the new capital adequacy guidelines for banks and investment firms, Basel II for short, will come into force. For many entrepreneurs it is therefore high time to deal with it, because with Basell II creditworthiness and liquidity are becoming more and more important for bank customers. When it comes to […]