Thread: Barack to close offshore tax loopholes, and........
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Old 05-04-2009, 10:59 AM
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Default Barack to close offshore tax loopholes, and........
......teddy won't like that one bit......


Senator Edward Kennedy has moved his entire personal estate assets to an offshore trust located in Tortola, BVI? Possibly because BVI has no estate or death tax? Kennedy has few personal assets in the U.S. The family pays an annual rent (to cover property taxes, insurance, maintenance, operations, etc.) to his BVI trust for his considerable luxury compounds located in Martha's Vineyard, Palm Beach and elsewhere. Along with lot's of other folks.



http://www.foxnews.com/politics/2009...usiness-taxes/
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