Posted April 4, 2016 by bizadmin in Momentary Brilliance

When Opening an Offshore Account Becomes a Bad Ideas

Ah, the Panama Papers.

It’s the kind of information leak that has corrupt politicians shaking in their boots.

Especially if someone’s name appears on the list who has previously taken a stand against tax avoidance.

One critic is quoted as saying:
“It is the height of cynicism to open offshore companies at a time when hundreds of our soldiers are dying.”

I’m going to slot this whole thing on my list of bad ideas, along with one of the worst biz ideas I’ve come across lately.

You can hear what I mean on this podcast:

Here’s to making good long term decisions,

Matt Hardy
BizDevShots Podcast