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The use of offshores’ charts is not the exceptionally modern phenomenon. When ancient Athens entered the 2% import- and export-tax, the Greek merchants started making detour in twenty miles to avoid payment of these taxes. The milliards of dollars of European riches were kept out of harm's way in Swiss banks in the Second World War-time. Lately other countries entered in force laws about secrecy on appearance and similarity Swiss and began compete bringing in international capitals.

Off-shore charts are based on the use of the possibilities given by made agreements about the exception of double taxation. In Russia, for example, it has got considerable development of practical worker of the use of offshores’ companies for international investments. Branches and substructures are created in combination with the largest domestic financially-industrial groups and corporations. In the everyday’s activity the last use plenty of offshore-firms.

Offshores And Russia

 

There is the complex of factors a stimulant development of offshore-business in Russia. To basic it is possible to take from them: weight of the tax loading and non-effective fiscal policy, unfavorable investment climate and powerful reasons to the export of capital abroad, high investment risks and use of offshores' charts for the concealment of fact of domain by investment objects in Russia, criminal component for economy and use of offshores' charts for washing of the profits got a criminal way.

So, by experts' opinion, during 90th of the XX century to Switzerland the milliards of dollars were transferred from East Europe and former USSR. Swiss do not have synonymous opinion, whether it is possible to consider all these holdings criminal. However much of this money are in the category of "suspicious" and can be blocked.

Presently for the Russian businessmen Cyprus became a basic offshore-area. By estimations of experts, from Russia about one milliard of dollars is monthly transferred to this island and in other countries.

From reports on Cyprus the about two thousand Russian companies operate dozen of banks. Statistics testify, that by the abacuses of those offshores' banks which are placed on an island, about 950 million dollars are counted. In opinion of Cyprian bankers, the Russian money settles not only on Cyprus, but also in other countries.

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