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The Basic Facts
25% of the money in the world is held offshore. Find out why:
By using an IBC or International Business Corporation registered in a tax friendly jurisdiction like the British Virgin Islands, Belize or Nevis, clients can pay no tax on trades made outside their domestic market. This is an offshore loophole that has existed for many decades and is used by all types of people all over the world. These type of corporations have no tax liability on any trade on the world markets. As a director of the IBC the investor does not own the stock directly and therefore has no tax liability on any profits made.
As an offshore company, Lloyds cannot be compelled to provide information on clients and will never disclose your personal or financial information to anyone including tax authorities. This is important when it comes to asset protection. Your broker can provide you with more details.