Research and Markets has published “Offshoring Special Report: Doing Business in the Dublin, 2005,” which aims to delve into why Dublin has become such an attractive International Offshore Financial Center (IOFC).
While the offshore sector has continued to grow as tax rates rise in developed countries, it is now estimated that more than half of the world’s money is offshore. These IOFCs often have lower tax jurisdictions, thus adding to their appeal.
This “Offshoring Special Report, 2005” provides in-depth business, legal, political and economic perception as well as the attractiveness of Dublin as an offshore tax haven. The economic downturn that has been sweeping the worldwide markets contributed to a large part of the reduction in profitability of the global corporate, making it imminent for them to find ways and means to make their financing operations more effective by avoidance of taxes and other establishment costs. This report provides various options by providing extensive information about some of the most attractive tax havens.