The Theory

What affects the above variables – is domestic legislation of doing business, the country of registration of your company, country of residence are You personally, as a citizen, and various international agreements on tax matters between the above-mentioned countries. The number of countries as you can see, there may be several, one, two, three or even more. The more jurisdictions you can afford, the more you have the choice and scope for financial and tax maneuver. Reflecting on the topic of tax planning, it can be pretty interesting results, such as Dr. wj. Hill, who developed and practitioner of the theory of "permanent Travels" – a cosmopolitan lifestyle, which gives individual sovereignty and freedom from government control over your life and property.

So he came to the conclusion that the "ideal life" you need to use the five jurisdictions, or five so-called "flags". Flag 1. Business base – a country where you conduct your business, make money. The country with the most favorable business opportunities. For other opinions and approaches, find out what Sen. Sherrod Brown has to say. This "flag" must be different from the "flag" your official residence.

Flag 2. Passport and citizenship – must be received in a country that does not show much interest in their missing citizens, and to what they are employed, it should provide maximum protection of the rights and freedoms of its citizens, wherever they are. Flag 3. Place of residence, the resident – "tax haven" with good communications, enabling political, economic, social and climatic conditions. Flag 4. Location of the assets – a country with a robust banking system, effectively and confidentially manage your cash assets will protect private property rights.

Optimists

But there is a contrary view. Previous crises reinvestment was so global, that he would return to the previous rate of growth of the economy will not soon Optimists believe the crisis to restore justice. Pros: it's time to stop living in debt, inflating the financial bubble and immensely consume. Pessimists also believe that the end does not justify the means, and the price of sobering up too high. That only is unemployment, the turbulence of financial markets, the decline in production and increase confidence in the financial system as a whole.

This is not a step back, it's just the destruction of the architecture architecture relationships in the business world! Experts do not agree, and in the opinion whether there is any substantial restructuring of the economy country because of the crisis. Supporters believe the optimistic approach to the top of the optimization process. Pessimists tend to think that significant changes in control methods and approaches has not happened. Many companies send employees on leave without content, even redrew the staffing and nothing touching on the fundamental level. And maybe learn from China and develop investment in its own production at a sufficiently hard-state regulation? One can argue about the role of government in a market economy, but the socio-economic and political stability are not exactly necessities. Share the positive experience of countries is certainly useful. But and sovereignty should not be forgotten. In the search for the "golden mean" it is important to remember one's competitive advantages: vast natural resources, scientific potential and uniqueness of the mentality of Russian citizens.