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Global Tax Forum: Offshore Tax Shelters Aren't Just Something From a Grisham Novel

 

Editor's note: With this column, we introduce the Global Tax Forum. Every other Wednesday, TSC tax reporter Tracy Byrnes will explore (occasionally in Q&A format) tax issues that arise from investing across borders. Send any questions to taxforum@thestreet.com, and please include your full name.


Sheltering money in the Cayman Islands sure seemed sexy in John Grisham's The Firm. But don't be misled like the book's hero, Mitch McDeere, was. As Mitch came to realize, there are pretty good options back home.

Island Getaways for Your Money
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