Wanted to share a great website offering info about savings accounts from offshore banks and building societies. Apparently over 1300 rates are updated each day covering USD, LST and EUR. Great for those who want to get their interest paid without deduction of tax. A not for profit site too!
Offshore savings accounts
Oct 11, 2004
3 Replies
Now all you have to do is tell us what it is called.
Wanted to share a great website offering info about savings accounts from offshore banks and building societies -
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Apparently over 1300 rates are updated each day covering USD, LST and EUR. Great for those who want to get their interest paid without deduction of tax. A not for profit site too!
In message , Gregory Bud writes
It doesnt mention that the EU Savings Tax Directive means that for IOM & CI deposit takers a 'retention tax' will be introduced next year for all EU resident account holders, possibly in July, starting at 15% and then increasing over a few years to 35% and eventually the offshore banks will be disclosing details of the interest paid to the tax authorities of the country of residence of the depositor.
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