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Tuesday, September 14, 2010

186. Offshore

Consider moving your domicile (official country of residence) to the Channel Islands - Gurnsey or Sark for instance, as the Tax implications are favourable. Sark has a 0% Income Tax rate while Gurnsey is 20%. Do your own research to check out the feasability of such a move. There is a good ferry service and Gurnsey has an international airport. (From the Financial Times)

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