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Mitt Romney
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<blockquote data-quote="klein" data-source="post: 931414" data-attributes="member: 23950"><p>You might be right, there might even be a cap on how much you can earn on cap gains.</p><p>But , that's not controllable. Since anyone can open up offshore accounts and invest in stockmarkets from there.</p><p>I have funds invested in the Nasdaq for example (out of a Canadian Bank in Canada). The US has no jurisdiction over it. I pay Canada cap taxes for that, though.</p><p></p><p>Cap taxes in the Cayman Islands might be zero or very little ... who knows ?</p></blockquote><p></p>
[QUOTE="klein, post: 931414, member: 23950"] You might be right, there might even be a cap on how much you can earn on cap gains. But , that's not controllable. Since anyone can open up offshore accounts and invest in stockmarkets from there. I have funds invested in the Nasdaq for example (out of a Canadian Bank in Canada). The US has no jurisdiction over it. I pay Canada cap taxes for that, though. Cap taxes in the Cayman Islands might be zero or very little ... who knows ? [/QUOTE]
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