TAP
PICTURES
TO READ
CAPTIONS
1 | SENSATIONAL SHOWERS
It’s a veritable downpour with this easy-to-install shower head that pulls double duty
as a handheld spritzer. Four settings take you from the bliss of a massaging spray to
the no-nonsense H2OKinetic, a blanket of water perfect for rinsing thick locks, hosing
down the kids, or cleaning the tub in a snap. Delta In2ition available in five finishes,
$171 in polished chrome up to $287 in champagne bronze, Baldwin Kitchen & Bath
Design Center, 629 Penn Avenue, West Reading, 610.373.1177. baldwinkbcenter.
com
3 | WARM UP
Wrap yourself in a soothing, toasty towel hot off the warmer. You’ll feel like you’re
stepping out of the spa sauna! And when you’re all done, put your sopping wet towel
back on the rack. The warm rods cut down on drying time and keep your towels fresh
and fluffed for the next spa session. Artos Denby Heated Towel Warmer available
in five finishes starting at $423, Weinstein Supply, 6440 North 3rd St., Reading,
610.376.7116. weinsteinsupply.com
4 | BABY YOUR SKIN
You only choose the finest ingredients in the kitchen, so why use anything less in the
bath? These Pennsylvania-made soaps combine a superior blend of food-grade olive,
palm, cocon ou note from your skin. Christina Maser soap, $6.95 at Hello Bluebird,
609 Penn Avenue, West Reading, 610.750.6642. hellobluebird.net
2 | MULTI-PURPOSE FOR MEN
We can think of no better endorsement than the gratitude of a soldier overseas. One
serviceman wrote in to praise the virtues of this all-natural deodorant powder, handy
for underarms, shaving needs, deodorizing feet and co re. HGB for Men Deodorant
Powder, $6.99 at Honeybee Gardens, 200 Penn Avenue, West Reading, 610.396.9225.
honeybeegardens.com
5 | TIE IT ON
Trade in your boring old terry robe to cozy up in this soft and colorful cotton
take on the classic. The compact cut makeg for a weekend getaway. You’ll feel so
free-spirited and fab, you won’t even want to get dressed. Bohemian rhapsody
robe by Daddy’s Favorite, $140 at LiliBea’s, 613 Penn Avenue, West Reading,
610.685.6685. lilibeas.com
ASSET PROTECTION
IBC RULES: REVISITING IBCs.
Ultra-low interest rates have played a massive role in maximising property investors’ returns on cash-flow: an ad-
vantage that investors in stocks and shares have always enormously envied. However, with governments in the western
world reluctant to back down from rolling out new austerity measures, maximising returns on capital and price appre-
ciation still remains a challenge.
At one time, the tactic of setting up an offshore vehicle to buy and sell investment real estate was a clever move, as
investors could sell on their investment property asset by simply transferring the offshore ownership vehicle or shares
in the offshore entity to the buyer and walk away with a tax free capital gain. This scenario is not so easy nowadays
and with governments eager to reduce their budget deficits, the advantages once accrued under offshoring have now
vanished.
Setting up property investment vehicles in offshore jurisdictions is no longer seen as a tax shelter. Moreover, the
protection of anonymity once offered by an offshore trust or company no longer exists. Trustees and registry agents of
offshore companies now have to come forth with their client details or risk getting blacklisted. The onus is also on on-
shore corporate institutions (in particular banks) to report to the authorities remittance of money, assets or proceeds
from the sale of assets. In this way, it becomes even more difficult to negate one’s tax liability. Chances are, it is better to
pay some than risk a fine or prison sentence by avoiding paying any taxes.
At one time, the tactic of setting up an offshore vehicle to buy and sell investment real estate was a clever move, as
investors could sell on their investment property asset by simply transferring the offshore ownership vehicle or shares
in the offshore entity to the buyer and walk away with a tax free capital gain. This scenario is not so easy nowadays
and with governments eager to reduce their budget deficits, the advantages once accrued under offshoring have now
vanished.
Setting up property investment vehicles in offshore jurisdictions is no longer seen as a tax shelter. Moreover, the
protection of anonymity once offered by an offshore trust or company no longer exists. Trustees and registry agents of
offshore companies now have to come forth with their client details or risk getting blacklisted. The onus is also on on-
shore corporate institutions (in particular banks) to report to the authorities remittance of money, assets or proceeds
from the sale of assets. In this way, it becomes even more difficult to negate one’s tax liability. Chances are, it is better to
pay some than risk a fine or prison sentence by avoiding paying any taxes.
At one time, the tactic of setting up an offshore vehicle to buy and sell investment real estate was a clever move, as
investors could sell on their investment property asset by simply transferring the offshore ownership vehicle or shares
in the offshore entity to the buyer and walk away with a tax free capital gain. This scenario is not so easy nowadays
and with governments eager to reduce their budget deficits, the advantages once accrued under offshoring have now
vanished.
Setting up property investment vehicles in offshore jurisdictions is no longer seen as a tax shelter. Moreover, the
protection of anonymity once offered by an offshore trust or company no longer exists. Trustees and registry agents of
offshore companies now have to come forth with their client details or risk getting blacklisted. The onus is also on on-
shore corporate institutions (in particular banks) to report to the authorities remittance of money, assets or proceeds
from the sale of assets. In this way, it becomes even more difficult to negate one’s tax liability. Chances are, it is better to
pay some than risk a fine or prison sentence by avoiding paying any taxes.
THE ALTERNATIVE:
Well, if you do not want to give up your British citizenship, or become an expat
