Offshore financial center, Financial Management

Offshore Financial Center

It is a location with banking facilities to accept deposits and make loans in currencies various from the currency's country of origin. Banks located in offshore financial centers are exempt from the bank's home country banking regulations.  All off- shore financial centers, including those in the United States, offer tax preferences-commonly, but not always, in the form of tax-free remittances of earnings to an offshore parent organization.

Posted Date: 10/17/2012 1:36:55 AM | Location : United States

Related Discussions:- Offshore financial center, Assignment Help, Ask Question on Offshore financial center, Get Answer, Expert's Help, Offshore financial center Discussions

Write discussion on Offshore financial center
Your posts are moderated
Related Questions
Q. Describe Market Value Weights? Market Value Weights: - As per market worth scheme of weighting the weights to dissimilar sources of finance are assigned on the basis of thei

Sensitivity analysis A sensitivity analysis studies the impact of specified variations in key factors on the initially-calculated NPV. The initial point for a sensitivity analy

Calculation of before-tax return on capital employed Total net before-tax cash flow = 122 + 143 + 187 + 78 = $530000 Total depreciation = 250000 - 5000 = $245000 Average

what is saving and lone function in ethiopian context

Briefly examine the significance of identification of investment opportunities in capital budgeting process

Explain the four fundamental rights of ownership A shareholder, by virtue of being an owner, is generally entitled to four fundamental rights of ownership: 1. Claim on a sha

Investment banks and securities firms Investment banks support corporations or governments in the issue of new debt or equity securities. Investment banking comprises Th

Examine the components of working capital & also explain the concepts of working capital.

Explain the distinction in the translation process among the monetary/nonmonetary method and the temporal method. Answer:  Within the monetary or nonmonetary method, every mone

undertake a critical review of the current academic literature to determine the reasons for benefits of and the costs to companies of cross listing.