Are Florida LLCs a Tax Haven?

While the United States continues to pursue noncompliant US taxpayers throughout the world, the U.S. remains one of the world's safest tax havens.

Brian Bandell from the South Florida Business Journal identifies how foreign criminal groups are using LLCs to buy Florida real estate in his article " Cash, condos & criminals: The big loophole for money laundering." The LLCs provide them with anonymity, and they are in turn able to lauder illicit funds through the purchase of real estate.

Read: Cash, condos & criminals: The big loophole for money laundering