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Financial
The Turks and Caicos Islands (T.C.I.), and Providenciales
in particular, is attracting worldwide attention
due to the Islands' tax haven status. T.C.I. offshore
legislation is most progressive, especially in the
area of residency. There are no restrictions on the
ownership of property. TCI is a zero tax jurisdiction,
with NO income taxes, NO corporate taxes, NO property
taxes, NO capital gains taxes, NO inheritance or
estate taxes, NO exchange controls and guarantees
of NO taxes available. This makes the islands an
ideal location to base a corporation. Corporate returns
on investment are substantially enhanced by this
zero tax environment.
Tax
The off-shore finance sector continues to grow due
to the favourable laws which facilitate international
business transactions. The Turks and Caicos Islands
has no income, wealth or inheritance tax but does
operate under modern corporate law with the backing
of a well-qualified professional infrastructure.
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