Tax Shelters: Offshore Asset Protection Trusts Become a Political Hot Button

Posted on | September 25, 2008 | No Comments

Barack Obama has aired a new ad accusing John McCain of favoring offshore asset protection trusts that operate as tax shelters in Bermuda. McCain is alleged to have taken $50,000 while on a lobbyist supported vacation from those who have benefited from the trusts. You can see the ad here, courtesy of the Huffington Post.

For more on the current state of asset protection trusts, read:

Eight Signs Your California Tax Shelter or Offshore Asset Protection Trust Is Actually Tax Evasion

Criminal Tax Evasion – Trouble Ahead for San Diego Asset Protection Lawyers and Attorneys?

Offshore Trusts and Asset Protection Trusts Are Among 10 Things Millionaires Won’t Tell You About

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