A tax haven is a state, country or territory where certain taxes are levied at a low rate or not at all. Individuals or corporate entities can find it attractive to establish shell subsidiaries or move themselves to areas with reduced or nil taxation levels relative to typical international taxation. This creates a situation of tax competition among governments. Incentives to build a tax haven include money laundering, avoiding paying taxes, creating a front company to conceal activities, hiding assets from the government, keeping your property or investments secret, and opening a bank account in a name other than your own. Offshore tax havens intrigued our team because several U.S. corporations and other companies around the world have grown in wealth to become larger than countries. Offshore tax havens are preventing our global economy from considerable growth. There are major flaws in the global financial architecture and the next President of the United States needs to take action concerning this to…
It takes money to make money. Businesses need varying amounts of funds at different stages and for almost every process. In fact, the flow of funds itself is a process that needs money to maintain. In our study we looked at both sides of the coin -- what entrepreneurs/businesses can do to raise money, and what kind of investments might be valuable for investors to explore. An investor is a person who allocates capital with the expectation of a future financial return. On the flip side, an entrepreneur is an individual who runs a small business and assumes all the risk and reward of a given business venture. An entrepreneur/business looks to the market to raise funds. The market will part with funds only if the risks are offset sufficiently by the potential of the business. Investors leverage their capacity to lend money to satisfy the demand with the intention of collecting returns. While the approach of each varies, the purpose -- making a profit -- doesn’t. We looked at a number of traditional routes ent…