1. As bank customers looked for ways to shelter that income, German banks reportedly assisted them by setting up bank accounts in such tax-free havens as nearby Luxembourg. 2. A. There are too many hours of time that people have to spend filling out their tax forms and trying to figure out how to shelter income. 3. But Americans who shelter income offshore face the problem of putting their money to use. 4. Individual investors often hold on to munis because they can be used to shelter income from taxes. 5. Individual investors tend to hold onto munis because they can be used to shelter income from taxes. 6. Individual investors tend to hold on to munis, largely because they shelter income from taxes. 7. Investors usually accept the lower yields munis offer because the bonds shelter income from taxes. 8. It would address corporations sheltering income overseas through bank secrecy laws, confidentiality rules, and lax information-exchange programs. 9. Rather, the query stems from a six-year investigation by state authorities in Germany into whether German banks helped clients illegally shelter income to avoid taxes. 10. Santa Anita has the same structure, which allows it to shelter income from racetrack operations from income tax. |