Category Archives: Tax avoidance

ASIC files action against the Fund with BVI-based custodian

The Australian Securities and Investments Commission issued an urgent interim stop order to Trio Capital (also known as Astarra Capital) to remove the product disclosure statements for the funds it manages from its website.  The order followed charges filed last … Continue reading

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OECD-listed offshore centres including BVI compete in services

The lists of tax havens published by the Organisation for Economic Co-operation and Development () (OECD), – especially the so called “grey list” – became the cause of hard battle for business between international financial centres. This competition will probably … Continue reading

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Accountant charged of incorporating BVI sham corporation

Steven Michael Rubinstein, the accountant of wealthy Coral Springs company, became the first U.S. citizen charged in a wide-ranging tax probe of Swiss major bank UBS, based in Zurich. The reason for the criminal charges were the UBS records obtained by … Continue reading

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BVI-registered Platte International left the UK market

The BVI-registered billing company Platte International Ltd (earlier known as Micro Bill Systems Ltd), which has attracted attention after consumer complaints about pop-up bills for pornographic websites, has stopped trading in the UK. Its management company Platte International (UK) Ltd … Continue reading

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BVI company involved in Trinity tax avoidance scheme

More than 11 years after starting of the Trinity tax avoidance case, the Supreme Court of New Zealand dismissed appeals that investors brought. The court upheld penalties which included repaying the tax, plus pay interest on that money and full … Continue reading

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