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24-06-2014, 12:34 PM
(This post was last modified: 24-06-2014, 12:35 PM by specuvestor.)
^^ Yes, onshore and offshore assets are very different. And it's not just about tax. That's why Thaksin did his Shin Corp transaction with Temasek offshore. There is an element of control and trail.
You are not going to be able to seize their assets in Argentina for example. You would be lucky if you are not personally harmed or disadvantaged like during the Dubai fiasco and the current Mongolian situation.
It's not just about figures and laws which Singaporeans are too accustomed to take it for granted that it is universal.
You are not going to be able to seize their assets in Argentina for example. You would be lucky if you are not personally harmed or disadvantaged like during the Dubai fiasco and the current Mongolian situation.
It's not just about figures and laws which Singaporeans are too accustomed to take it for granted that it is universal.
Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give. –William A. Ward
Think Asset-Business-Structure (ABS)
Think Asset-Business-Structure (ABS)