Bank Secrecy Laws
Liberia has no special bank secrecy laws like other tax havens, but this is not a deterrent as few Liberian offshore corporations actually handle their banking transactions within Liberia’s territory borders. Moreover, there is no requirement that they must bank in Liberia.
Certified copies of filed corporate records are available for order by the public.
Read more about this topic: Liberian Companies
Famous quotes containing the words bank, secrecy and/or laws:
“The prairies were dust. Day after day, summer after summer, the scorching winds blew the dust and the sun was brassy in a yellow sky. Crop after crop failed. Again and again the barren land must be mortgaged for taxes and food and next year’s seed. The agony of hope ended when there was not harvest and no more credit, no money to pay interest and taxes; the banker took the land. Then the bank failed.”
—Rose Wilder Lane (1886–1968)
“Nowadays the host does not admit you to his hearth, but has got the mason to build one for yourself somewhere in his alley, and hospitality is the art of keeping you at the greatest distance. There is as much secrecy about the cooking as if he had a design to poison you.”
—Henry David Thoreau (1817–1862)
“I would have these good people to recollect, that the laws of this country hold out to foreigners an offer of all that liberty of the press which Americans enjoy, and that, if this liberty be abridged, by whatever means it may be done, the laws and the constitution, and all together, is a mere cheat; a snare to catch the credulous and enthusiastic of every other nation; a downright imposition on the world.”
—William Cobbett (1762–1835)