These include a measure to allow anybody setting up a new business to delay for at least a year the payment of onerous social security charges.

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Under current government policies and economic projections, they should be far more concerned about a return of their principal in 10 years than about any short-term delay in a coupon payment in August.

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Using a "blocker" corporation allows investors to delay the payment of the 3.8% tax by letting income build up in the offshore fund.

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The Isis payment system didn't disclose a reason for the delay, one of several since the venture was formed two years ago, only saying that it will provide an update next month.

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