Tax

real estate cayman islands: IRS Tax Audit Strategy

Private placement life insurance is a pre-emptive IRS audit tax strategy that transforms taxable ordinary income and capital gains into tax-free income (with no income tax reporting required under current U.S. Law). Please reference IRS Private Letter Ruling 200244001 (May 2, 2002).For U.S. Persons with investment income, private placement life insurance provides for compliant, tax-free compounded...

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