This is why I don't give you a job

Re:This is why I don't give you a job by wisty on Saturday January 07, 2012 @06:16AM (#3436804)

Australia will tax residents for offshore assets. Most countries don't. Of course, it's easier to cheat (as the banks overseas may not co-operate), but that might change with more international co-operation.

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Re:This is why I don't give you a job by bobds on Saturday January 07, 2012 @07:01AM (#3436849)

I remember reading a story about a wealthy Australian that went to court regarding his offshore assets. The assets were under a trust that locked him out of making any decisions, automatically triggered when he became a defendant in such a court case.

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Re:This is why I don't give you a job by wisty on Saturday January 07, 2012 @08:30AM (#3436957)

Trust structures in Australia are a big loophole, that's true.

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