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The time is right to declare your offshore income

When you hear the term “offshore income”, many of us may cast our minds to some sort of illicit funds held in an overseas bank. However, this is not what we mean when we say ‘the time is right to declare your offshore income’.

You may have unreported offshore income if you:

• Changed your country of residence, or
• Are unsure how to deal with investments in offshore funds or bank accounts

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