When the International Monetary Fund (IMF) finally confirmed in February that a US.27-billion loan for Jamaica had been approved, it put to rest several months of speculation about the agency’s return to our country. Although there have been several debates in the media about the impact that the IMF agreement may have on our economy, … Read more
Introduction to Forex Market : To prevent the speculation , it was proposed to tax transactions in foreign exchange markets. This tax, the Tobin tax, named after the professor who first suggested in 1972 held at the Janeway Lectures at Princeton, was originally to be levied on all foreign exchange transactions in cash and aimed … Read more
Expect some changes when you file your 2007 tax return! Here are a few highlights from the Small Business and Work Opportunity Act of 2007. Do you own real estate? At the very end of 2007, Congress passed a bill with several tax law changes impacting real estate. Qualified Joint Ventures by Married … Read more
Taxes… Say that word and many people will start to groan when they hear it …and with good reason. To begin with, paying annual taxes is usually a financial burden for most people. Each time you review your paycheck, you might feel cheated or abused, considering the federal income tax withholding amounts (let’s not even … Read more
Offshore Asset Protection Trusts-Personal Freedom and Privacy It is a falsehood that everything related to being “offshore” such as offshore banking secrecy, offshore investment bond, offshore banking alert, offshore asset protection trusts or anything else relevant to offshore applies only to large organizations or maybe truly extreme high net worth people. A lot of people … Read more