Mark Nestmann is a journalist with more than 20 years of investigative experience and a major contributor to The Sovereign Society’s monthly members-only newsletter, The Sovereign Individual. He has also authored over a dozen books and many additional reports on wealth preservation, international tax planning and offshore investing.
In yesterday’s A-Letter, I described how the United States launched the financial equivalent of a nuclear attack on Iran on March 20. Through the Treasury Department’s financial intelligence unit, FinCEN, the Bush administration warned the world’s banks that they do business with Iran at their financial peril.
No, there haven’t been any nuclear missiles launched, at least not yet. No mobilization of U.S. forces on Iran’s border. But on March 20, the United States launched the equivalent of an invasion of Iran, in the world of global finance.
One of the best-kept secrets in America’s arsenal of financial sanctions is the U.S. Treasury Department’s Terrorist Watch List. It’s maintained by the Treasury’s Office of Foreign Assets Control (OFAC), and it enforces economic and trade sanctions against more than a dozen countries.
The Netherlands Antilles - a group of five islands in the eastern Caribbean - is one of the best-kept secrets in the world of alternative residence and second passports.
Section 1291-1297 is one of the most unfair and insidious parts of the U.S. Tax Code. It deals with taxing offshore mutual funds.