Lawyers, Laws & Taxes

Are Your Offshore Investments a Tax Scam?

Identity theft and phone scams in which a person contacting you impersonates an IRS agent and tries to steal your money top this year’s list. But amazingly, the IRS still has “hiding income offshore” as one of its Dirty Dozen. To which my reaction was, “Are you people out of your mind?”

TSA: New Sheriff, New Rules

Changes within the Transportation Security Administration (TSA) should  prompt you to reconsider the wisdom of crossing into or out of the United States.

TSA Demands Internal Passport for Domestic Travel

Precedents exist for requiring citizens to produce special ID for domestic travel; they include Nazi Germany, apartheid South Africa and Russia (both Imperial and Soviet).

Ross Ulbricht Found “Guilty” in Third World Banana Republic Court

In what I described as being the trial of our generation, Ross Ulbricht, of the Silk Road free market online marketplace, was found guilty today on all charges and now faces sentencing of 30 years to life.

What’s in Your Wallet? Coming Soon: A National ID Card

It was a warm spring day in St. John’s, Antigua. Driving on the left, as is the custom in much of the Caribbean, was a bit of a challenge, but eventually I found the building I was seeking.

Busted: 25,000 cases of microcephaly in the US per year. 5/5

Microcephaly: babies born with smaller heads and brain impairment.  Heard of it?  Of course you have.  Towering experts are saying it’s caused by the Zika virus in Brazil.

Year 2015: The Last Year of the Corporation’s Tax.

The Costa Rican Supreme Court finally said that the Corporations Yearly Tax should not be collected any longer, ever since the Judges considered that 3 articles are unconstitutional.

Why Eric Holder’s “Good Deed” on Civil Forfeiture…, Wasn’t That Good

One of the departing initiatives taken by retiring US Attorney General Eric Holder was to impose limits on a legal process called “adoption.”

The IRS’s New Dirty Trick… and What to Do About It

There’s a good reason why Google, General Electric, Abbott, Honeywell, Johnson & Johnson, Microsoft, Oracle, Apple, and more or less all the other big corporations use offshore strategies: They provide tremendous tax advantages and thus, financial advantages.

A National Public Shareholder Registry is Being Implemented

In a Costa Rican corporation the only publicly recorded document that disclosed the name of the shareholders was the original articles of incorporation.

Why FATCA Is a Train Wreck Waiting to Happen

FATCA, otherwise known as the Foreign Account Tax Compliance Act, is one of the most arrogant and one-sided laws ever passed by Congress.

Buying or Building Real Estate in Costa Rica? Here is what you need to know? Part I with FREE online video interview.

Buying property and constructing buildings or a home can be an intimidating process, even when you are at home in the culture and know what to expect and plan for.

Is Your Property In Costa Rica Subject To The Luxury Home Tax for 2015?

Costa Rica imposes a Luxury Home Tax on property that is used for residential purposes and whose value for the fiscal year 2015 is greater than 128,000,000 Colones about US$241,509 at the current rate of exchange.

Why Uncle Sam Wants These Citizenship Programs Shut Down

Every so often, I read an article predicting that the US and other major countries are about to force nations that offer “citizenship by investment programs” (CIPs) to shut them down.

The College Education Bubble Is Coming To Its Logical End.

This past weekend a grown, 30 year old man shot his father over unhappiness with his allowance according to reports in Associated Press as reported at ZeroHedge.