Offshore tax evasion is crime in several onshore countries and includes jail time so it should be avoided. On the other hand, offshore tax planning is Not really a huge crime. Banks and lending institution become heavy with foreclosed properties when the housing market crashes. Considerable not nearly as apt to pay off your back taxes on the property that is going to fill their books with additional unwanted product. It is far easier for the actual write it the books as being seized for bokep...