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WHY SHOULD ONE CONSIDER DOING IT ?
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WHAT POINTS SHOULD ONE KEEP IN MIND WHEN SHORT-LISTING TAX HAVEN LOCATIONS ?
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BESIDES LOW-TAX BRACKET ,WHAT OTHER ARES SHOULD BE OF KEY CONCERN LIKE PRIVACY , SECURITY , ANONIMITY ETC
In an environment where govt is going after all Indians with money stashed abroad, I don’t really see any merit in doing this unless if you already have money abroad or planning to relocate from India.
I am answering in the trading context
Why? I guess the obvious answer is that you have money abroad which wants to come to capital markets. Bringing it through these locations is easier on tax, and also a lot of of these locations don’t really bother much on the source of your cash.
But yeah, like I said, best avoided.
i mean same way MNC like starbucks , mcdonalds,walmart etc use tax havens to stash profits from global operations & also " EASE OF DOING BUSINESS " , can’t institutional traders do the same ???