Offshore Asset Protection Trusts: Tax Planning or Tax Fraud?

descriptionPublicationkeyboard_double_arrow_right Article 01 Mar 2001 English Publisher:EmeraldJournal:Journal of Money Laundering Control, volume 5, pages 9-15 (issn: 1368-5201,

Copyright policy )

Authors: Harvey M. Silets; Michael C. Drew;

doi: 10.1108/eb027289

Offshore Asset Protection Trusts: Tax Planning or Tax Fraud?

- Summary
- Metrics

Abstract

For someone seeking to place his assets out of the reach of creditors, Offshore Asset Protection Trusts (OAPTs) offer the potential settlor secrecy, control, choice of law and jurisdiction, and favourable taxation. While many legitimate entities make use of the benefits of OAPTs, criminal entities have also seized upon them as a means of furthering their crimes.

Impact byBIP!

	selected citations These citations are derived from selected sources. This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).	4
	popularity This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.	Average
	influence This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).	Top 10%
	impulse This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.	Average