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Tax havens and tax administration

 
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The role of promoters

A tax haven arrangement typically involves one (or more) promoter and intermediaries both in Australia and overseas.

The role of the promoters and other intermediaries may be incidental or integral to the arrangement. For example, they may be used as conduits to transfer funds between Australia and offshore, provide tax advice, structure and facilitate the registration of entities onshore and offshore, or undertake nominee directorships or public officer functions.

Many types of promoters and intermediaries may perform these roles, including offshore banks, offshore service providers, accountants, tax agents, legal firms, financial advisers, fund managers, private trustees, boutique tax advisers, or even your garden variety 'scam' artist.

Sections within Risks for promoters

Last Modified: Tuesday, 18 October 2011
 
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