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Cayman Islands Bank A/C

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lovejoy0120 | 00:42 Tue 01st Aug 2006 | Business & Finance
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Old Question I know but....What are the advantages of keeping my money in the Cayman Islands ?
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Avatar Image dzug
To you as an individual and UK resident none other than that it makes dishonesty to the taxman less likely to be found out.
20:44 Tue 01st Aug 2006
Avatar Image oldhenry
Be aware that banks based in Uk are now having to supply details to HMRC of foreign held investments. Barclays were forced to do so by the court. Could take a while to catch up the others though?
23:53 Thu 03rd Aug 2006

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