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2-12-16 “The U.S. “is effectively the biggest tax haven in the world” —Andrew Penney, Rothschild And Co. wrote in a draft of his San Francisco presentation, which was later revised. He also noted that the US also lacks “the resources to enforce foreign tax laws and has little appetite to do so.”
Some have even taken to calling the U.S. the new Switzerland; the U.S. has become the leading tax and secrecy haven for the foreign elite by refusing to adhere to global disclosure standards issued by the Organisation for Economic Co-operation and Development. These standardswere modeled on the US’s own Foreign Account Tax Compliance Act which forced institutions to disclose foreign accounts owned by U.S. citizens to the IRS.
Only four nations declined to sign the OECD’s disclosure requirements: Bahrain, Nauru, Vanuatu and the United States of America....
Rothschild Trust is at 1980 Festival Plaza Dr., Las Vegas, suite 7000
Rothschild & Co. has opened a trust company in Reno, Nevada, and is moving the vast fortunes of its clients out of notorious havens like Bermuda, which are subject to the new international disclosure requirements, and into the literally-Rothschild-run trusts in Nevada that are exempt from scrutiny....
The shift in the financial balance of power has been profitable to U.S. based financial institutions. Bolton Global Capital, a Boston-area financial advisory firm; its CEO Ray Grenier said in an email that the nation’s failure to sign onto the OECD regulations. “Proving to be a strong driver of growth for our business,” with a sharp increase in the money flowing in from Europe, “Switzerland in particular, ” Grenier said. “[This] was the beginning of the exodus.” http://anonhq.com/48371-2/
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Fox Rothschild LLP
Las Vegas, Nevada
Fox Rothschild LLP is a well-established, growing law firm that enjoys an excellent reputation within the legal profession and business community. The Las Vegas, NV office is one of 22 offices firm-wide. We have a varied and dynamic practice. Our clients are local, national and international businesses of all sizes. The Firm's client base is unusually broad, and includes many entrepreneurs and venture capitalists involved in emerging enterprises, as well as long-existing family-owned businesses. New associates have immediate client contact. Our practice encourages associates to challenge themselves and grow their skills with open access to partners and associates at all levels. Our firm is organized into nine major specialties: Corporate, Entertainment, Employee Benefits and Executive Compensation, Financial Restructuring & Bankruptcy, Intellectual Property, Labor & Employment, Litigation, Real Estate, and Taxation & Wealth Planning. Over 50 interdepartmental groups focus on specialized practice areas. Some of these include Health Law, Condominium Law, Environmental Law, Creditors' Rights, Condemnation Law, Labor Litigation, Professional Liability Defense, Education/Municipal Law, Maritime Law, Domestic Relations, Public Utility Law, Personal Injury, Gaming, Administrative Law, ERISA, Family Business, Immigration, Construction Law, Employee Benefits, Automotive, Pharmaceutical and Biotechnology Law, Sports Law, Media, Defamation and Privacy Law, White Collar Criminal Defense, Fashion Law and Family Business. Fox Rothschild LLP views itself as a community of attorneys who enjoy practicing together. Consequently, "open doors" are the rule rather than the exception. https://www.nalpdirectory.com/employer_profile?FormID=8794
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4-25-16 Several states including Nevada, Delaware, and Wyoming have corporate tax laws so lenient, they are effectively domestic tax havens. In these states “it’s possible to create these shell corporations with virtually no questions asked,” said Matthew Gardner, executive director of the Institute on Taxation and Economic Policy, a Washington-based nonprofit, in a recent interview with The New York Times’ Patricia Cohen. http://www.mintpressnews.com/forget-panama-corporations-rich-love-us-tax-havens/215852/
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