The conference audience was the right one from which potential whistleblowers could be drawn: It included representatives from offshore entities, high-net worth individuals and others who have information about offshore strategies, including attorneys, judges, trustees and businesses from the Cayman Islands, the British Virgin Islands, the Bahamas and other offshore financial centers.
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The executive will then register a Limited (Ltd.) company on another offshore tax haven like the Cayman Islands or the British Virgin Islands, and declare that it is owned by his trust in Liechtenstein.
From setting up central offices in low tax havens such as Nevada, Luxembourg and the British Virgin Islands, to its use of a complex tax structure known as "The Double Irish, " Apple has relentlessly exploited legal tax loopholes.
According to Blum, the real problem is not in the Caymans but rather in places like the British Virgin Islands, where it's easy to set up "sham" trusts that can confound tax investigators.
In 2007, along a familiar stretch of the British Virgin Islands from Anguilla to Anegada, Discovery's keel whacked a reef in the middle of the night.
Because of China's laws and rulings on offshore listings, it first set up a vehicle in the British Virgin Islands called Solar Touch, which then turned the original company into a subsidiary.
The boss of the Virgin business empire owns two of the smaller British Virgin Islands (BVI), and planned to have lemurs living in the forest on one of them, Moskito (also Mosquito) Island.
Thaksin had transferred shares in Shin Corp to his children via a company registered in the British Virgin Islands, thus circumventing capital-gains tax in Thailand.
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During a recent phone conversation, Mr. Thompson, who was in Miami and about to leave to perform on a cruise ship as it toured the British Virgin Islands, said he chose Mr. Miller to produce for the sound he captures in his home studio.
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As of November 1, the company operated 53 retail locations in Alabama, Arizona, California, Connecticut, Florida, Georgia, Maryland, Massachusetts, Minnesota, Missouri, New Jersey, New York, North Carolina, Ohio, Oklahoma, Rhode Island, Tennessee, and Texas and operated MarineMax Vacations in Tortola, British Virgin Islands.
Sailing the Caribbean blue by Lori Robertson, details how to island hop in the British Virgin Islands on a chartered boat, and Catch some rays in the Caymans is Tim Rock's review of Stingray City, often considered to be one of the best shallow dives and snorkelling spots in the world.
The island at 1, 800 acres, the largest private island among the 60 or so that make up the British Virgin Islands has a rich lore, both as a speck of land and as a resort.
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In the past, officials have said that illegal funds were often sent to tax havens such as Mauritius, Switzerland, Lichtenstein and the British Virgin Islands among others.
Yet, says the SEC, starting on July 16, Hertz sold the entire 54, 650 share-stake of Track Data held in name of two entities, Haor Beacon Fund, a New York nonprofit corporation whose directors included Hertz's wife, and Roxton Enterprises, described as a British Virgin Islands firm owned by Hertz's sister and brother-in-law.
Among contenders for the top spot offshore is OIL, which has benefited from an Asian fondness for companies from the British Virgin Islands (on paper the second-largest investor in China in 2010, after Hong Kong).
Ever since Sir Richard Branson opened his Necker Island resort in the British Virgin Islands in the early 80s, private islands have been the sexiest vacation choices for the really rich, and they have proliferated around the globe.
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Founded in 2007, OKPAY, Inc. is a subject of British Virgin Islands (BVI) regulations.
Instead in March he had his companies that had relationships with Credit Suisse file for bankruptcy protection in Newark, New Jersey and a similar proceeding in the British Virgin Islands.
After the first solo pilot tests the sub, Mr. Branson himself will pilot it to the bottom of the Puerto Rico Trench, near his private island of Necker in the British Virgin Islands.
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Ellison has bought about 98% of Lana'I, the sixth-largest island in Hawaii -- and one that's more than 1, 000 times larger than the private island that Branson owns in the British Virgin Islands.
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