Cloaks and daggers abound when you cross from New Jersey into its southern neighbor, according to a new study. The small state which is known for little other than its favorable incorporation laws – not unlike Monaco, but without the weirdo royalty – is also a land of secrets. The Tax Justice Network, which is billed as a tax justice rights group, has found that Delaware is the most secretive financial jurisdiction in the world.
So, if you think your cash is hidden in that Swiss bank account, maybe it’s time to bring that bread home.
According to the Tax Justice Network, Delaware pulled in $2.6 trillion in deposits from non-resident corporations and individuals in 2007. The survey by Tax Justice Network, which evaluated the laws, practices and size of inflows of 60 jurisdictions, put Delaware ahead of Luxembourg and Switzerland, which came in second and third. The Cayman Islands and United Kingdom came in fourth and fifth.
My open letter to Prince Albert II of Monaco is back! The short humor piece I wrote for Cynic Mag earlier this year has been selected as one of the top pieces of 2008. And, all I had to do was sit back and scratch my ass … no effort! It was a fun article to write, and I’m glad (and surprised) to see that it’s still getting props.
Yeah, I’m antsy to go somewhere interesting again. I’m headed to Scotland in November (finally got off my ass and confirmed that). I was thinking about London for October, but now I might reconsider. Denmark is on the list, as is Benelux. I’ll have to see what Delta will let me do with my tickets. If anyone has some thoughts, let me know. I only have a week, so I’m trying to stick to Europe.
Well, while I lust after my next trip, you can enjoy some of my recent experiences. While Reykjavik was okay and Helsinki was a bust, I did have a blast in France.