This article by William L. Blum, Esq. discusses the U.S. Virgin Islands exempt company, a corporate entity that enjoys incorporation benefits in a U.S. jurisdiction without federal or local income tax. It covers the historical and policy background, technical application, and practical use of exempt companies for international tax planning, particularly for non-U.S. owners. The article also outlines the benefits and requirements of establishing such companies, including their role in the financial services sector and their use in various international business scenarios.
documents/EFTA01206783.pdf
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