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Sat, Apr. 30th, 2005, 01:00 am
bevereverb: foreign registered assets, tax status

04-30-05

dear l_vingphai:

if a norteamerican corporate entity wanted to register captured assets (insurance) in Thailand, what would be the taxation status specific to Thailand, of income derived from the assets?

yourfriend
bevereverb

Thu, Dec. 30th, 2010 01:29 am (UTC)
bevereverb: Captured Assets To Thailand

Captive insurance companies are insurance companies established with the specific objective of financing risks emanating from their parent group or groups, but they sometimes also insure risks of the group's customers as well. Using a captive insurer is a risk management technique by which a business forms its own insurance company subsidiary to finance its retained losses in a formal structure...

There's Been Discussion on R&D new and upcoming technologies are expanding at such rapid rates and the potentials are staggering; but the potential to fail is best managed close to the vest so to speak, IMO; and best value on taxation of the held assets might not be in the country of origin.

I'm thinking a corporate identity registering as a foreign business (In Thailand) for purposes of minimizing taxation to the assets should they become profitable THEREBY pleasing stockholders and others such as investors or Ventured Interests who in turn become interested in having their own 'assets' risk managed by the holding company's people...

It's been awhile since I posted this topic so I'm not sure what "storyline" I had running in my head. I do think it was in the days of AIG and other corporate Bailouts in America. I remember one of their held assets was a famous Football Team from England and it was very very Controversial at a sorots event I attended in Las Vegas that AIG had sponsored the event and those AIG t-shirts from the football team were being cautioned away from the American Public