“Bad news from down South America way,” writes friend and offshore expert Bob Bauman. Bob is legal counsel for the Sovereign Society, an organization we’ve trusted for years as perhaps the most reliable source of information on what can be complicated and murky issues. “It was announced last week that the government of the Republic of Uruguay plans to introduce legislation to impose taxes on bank deposits and other assets held offshore by citizens and residents in the country. “If this proposed legislation becomes law, this would be a radical change from the current territorial tax system that exempts citizens … Continue reading Tax Heaven No More?