The first thing to realize about a “secret account” sometimes referred to by the euphemism “offshore account” is that in order to be kept secret from your potential enemies (creditors and tax collectors) it must be kept secret from everyone! Generally speaking, a stranger you meet at a bar or ball game isn’t the person who turns you in to a tax collector or otherwise blows the whistle on you. Besides Big Brother, your potential enemies include your spouse, lover(s), your business associates or partners, your own kids. These days, you must add to the list of potential informants against you, your accountant(s) or lawyer(s). Your accountant, lawyer, stockbroker or local banker in many jurisdictions, particularly the US, is personally liable for criminal prosecution if he has knowledge of any concealment of assets, tax frauds, or other peccadilloes; if your own hired hands don’t turn you in they may be breaking the law! New regulations make these professionals in your home country little more than government agents. If you don’t want Sheriff Big Brother to know exactly what you are doing then for heaven’s sake, don’t tell the Deputy Sheriff! Because of laws that will take away their licenses, livelihood and possibly their freedom, they have been co-opted. As such, accountants and lawyers are the last persons you should trust with sensitive information or from whom you seek advice on “offshore matters.” Bottom line? You must now establish your secret offshore accounts or secret asset stashes without telling anyone in your home country, and especially without telling anyone in the above categories. I submitted several pieces from my Moon Series to Create! Their issues are released in a digital and limited edition print format. Magazine is an independent, artist-run publication highlighting the work of artists, makers, and creative entrepreneurs. It was founded by artist Ekaterina Popova, also the founder of Fresh Paint Magazine.
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