Hi ,

Can you trust a Trust? There was a time when a Trust was thought to be the strongest legal means of asset protection. That all may be about to change. Now France is not happy about Trusts and giving reasons for many to wind them up! Other Countries are sure to follow.

Thousands of UK trusts could unwittingly face a €10,000 charge this year if they fail to disclose information to the French tax authorities, following the introduction of new, wide-ranging tax and disclosure measures by the French Government, in an effort to discourage the use of trusts for French residents.

What goes around, comes around. The pressure of the new Tax regulations being imposed by the U.S. Government on Foreign banks, is causing other countries to follow suit. There remains one structure, legally effective everywhere, designed for you to invest offshore.

Aaron A Day

French connection for Expats living in France

Two options should be considered when beneficiaries of a Trust become French resident: winding-up the trust or excluding yourself from the trust.

The French dilemma begs a question for all foreigners living abroad, and we'll pose it to you as a quiz. NOTE: There is only one correct answer!

Question: Where can you find a nominee bank account (meaning that the account is yours but not in your name) that will accept 3rd party payments (meaning that it is your money but it is not being sent by you) ? And this account has Legal Governance protecting it from Governments by Governments while also being Tax Deferred.

Answer: At any bank you wish if you know what is required to open the account.(This is an International Pension Plan)

Private Placement Life Insurance Structuring, which is in one way similar to a trust but accepted both in common and civil law, does not have problems. There is no benefit in trust law, only inconvenience.

If you retire in France, forget Trusts and consider life insurance structuring, for the transfer of your assets to your children. Life assurance is much easier to settle, less complex to wind-up and more cost-effective than a Trust.

Request more information.

Tangerine Investment Management won the award for Best Credit and Lending Fund Manager at the 3rd annual Hedgeweek Awards ceremony in London last week. This was for their work in managing the Axiom Legal Financing Fund.

The annual Hedgeweek and Hedgeweek USA Awards recognize excellence among hedge fund managers and service providers around the world. Uniquely, they are based on a peer-review system of professional fund administrators, prime brokers, custodians and advisers.

The awards, presented at a lunch in London on March 2nd 2012, were decided by the votes of the weekly online publication Hedgeweek's 41,000 subscribers, who include institutional and high net worth investors as well as managers and other industry professionals such as fund administrators, prime brokers, custodians and advisers. Tim Schools and I would like to thank all of you who voted for us.

The fund has also been nominated in 2 categories for the HFMWeek awards on 28th March - Best Market Neutral Fund and Best Newcomer.

Request more information about the Axiom Legal Financing Fund.

In 2010 the Tax Court ruled that your long time CPA or attorney is no longer "independent." His/her advise no longer protects taxpayers from excessive tax penalties.

Taxpayers relying on an accountants or attorney's advice regarding international transactions and cross border estates planning are not protected when the advisor is paid a fee for the tax plan.

The Tax Court has ruled that such advice is no longer sufficient to avoid IRS penalties, which are now often 30% to 50% of the amount in question. As a result, these individuals can end up owing much more in taxes and penalties than necessary or discover a failure to file a required IRS form. And their advisors can be assessed penalties of $100,000 or more -- or even be thrown in jail -- for setting up a non-IRS-approved foreign tax shelter or listed transaction.

An professional adviser will provide you with peace and calm by providing you tax certainty: For clients with businesses, investments or employment in another country, cross border tax planning is critically important. Without it, they are subject to costly triple taxation, find themselves in violation of tax laws or simply pay more tax than necessary (usually because of hidden tax known as the "Branch Profits Tax")

Professional services are especially beneficial for CLIENTS:

• Living, working or investing abroad
• Having partners or family members abroad who may leave them money
• Owning a business that operates in a foreign country
• Establishing an international inheritance trust
• Maximizing foreign tax credits
• Immigrating into the United States
• Incorporating a foreign business in the United States

• Use foreign trusts as an estate planning tool without FFI or FATCA issues.
• Set up a captive insurance company that is owned by the client and insures the client without FATCA issues.
• Must deal with any sort of foreign inheritance or gift
• Enter into a cross border license of intellectual property or other intangible products
• Want to reform an existing trust while maintaining its estate tax GST benefits

Professional services are especially beneficial for a FOREIGN COMPANY with dual tax status:

• A foreign company that wants to open an office in the United States
• Estate planning using a trust (especially an offshore trust)
• A captive insurance company
• Use of a controlled foreign corporation

Request a free evaluation from a qualified adviser.

The Paraguayan Chaco is a semi-arid region in Paraguay, it is a large geographic area with a very low population density. Historically, Chaco was the scene of the last armed conflict in South America, a 3 year war between Paraguay and Bolivia, lasting from 1932-1935. More recently Chaco area is known for the large number of hunters who visit, despite a ban on hunting of endangered animals, however what has made the place famous, is the reports that the Bush family purchased a 100,000 acre (40,500 hectare) ranch in the region in 2006.

The Chaco is not for the family farmer
Buyers are typically land bankers, agro corporations, individual farmers residing in Asuncion or abroad. The extreme remoteness, lack of schools, shops, villages makes it rather sacrificing for families to live in the Chaco.

Aguara Guasu - 8,000 hectares
Aguara Guasu is located in the northwest corner of the Paraguayan Chaco along the Bolivian border. The property has access along the entire length of its eastern border and is accessible by 4 × 4 truck. The land cover on this property, like much of the northern Chaco, is characterized by dry scrub forest and fairly dense hard timber. The soils have been sampled and are apt for growing several crops and suitable for cattle raising.

$175 per hectare

Request an introduction to our agent in Paraguay.

The Karatbars group based in Germany, Belize and Thailand are bank-independent trading houses for merchandise and precious metals, especially Gold bullion in the form of a card in small denominations.

Karatbars International is an Internet trading company and its products are shipped worldwide to an expanding list of countries. They offer one of the most extraordinary range of products on the market. "Atasay Sanayi Ve Ticaret AS Kuyumculuk" of Turkey are the producer and supplier of the one-gram gold bars of the brand "ATAkulche".

Karatbars International is listed with the London Bullion Association Market (LBMA).

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