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| J&T Group acquires Bayshore Bank & Trust (Barbados) Corporation |
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| Information Exchange Agreements - A Canadian Approach |
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| Performance Calculation & Presentation |
| The Global Investment Performance Standards introduced by the Chartered Financial Analysts (CFA) Institute are the current and rigorous industry standards with which Bayshore Bank & Trust complies when calculating portfolio return. Below outlines the principles that are used when calculating returns under these standards. |
| Announcing the Integris Covered Call Fund |
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| Local Barbados business publications cover Bayshore's acquisition activity |
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| Bayshore Bank & Trust Completes Second Major Acquisition |
| BARBADOS February 28th, 2007 –John Perry Bujouves, Chairman of Bayshore Bank & Trust (Barbados) Corporation is pleased to announce that Bayshore has entered into a binding agreement to acquire the financial services business of the Barbados branch of CIBC Bank and Trust Company (Cayman) Limited (“CIBC Cayman”). The transaction is expected to close immediately. This acquisition follows recent news of Bayshore acquiring Turks and Caicos Islands based Private Counsel Trust Ltd. |
| Turks and Caicos Islands, September 12, 2006 |
| The Bayshore Group of Companies is pleased to announce that it has entered into a binding agreement to acquire 100% of Private Counsel Trust Ltd., a Turks and Caicos Islands based Trust Company, subject to regulatory approval. |
| Bayshore Asset Management Inc - Press Release May 3, 2005 |
| Bayshore Floating Rate Senior Loan Fund raises an additional $3.4 million. Exercise of over-allotment option increases gross proceeds to $85.4 million. |
| Bayshore Asset Management Inc - Press Release April 21, 2005 |
| Bayshore Asset Management announces closing of offering of Bayshore Floating Rate Senior Loan Fund to raise $82 million. |
| Bayshore Asset Management Inc - Press Release April 5, 2005 |
| Bayshore Asset Management Inc. files Final Prospectus for Bayshore Floating Rate Senior Loan Fund. |
| The Barbados Advocate |
| The Barbados International Business Association (BIBA) has appointed its first female president. Penny Ettinger of Bayshore Bank & Trust has taken the mantle from outgoing president George Gleadall, who will remain on BIBA's board as head of that organization's Research and Development Committee. |
| Offshore Revolution |
| Susan Bourette, a former reporter for Canada's Globe & Mail and CBC Radio, writes for Offshore Finance Canada's Fall 2003 edition about the future of offshore banking. |
| Everything on Asset Protection Planning |
| The significant drop of North America’s stock exchanges, the propensity for litigation and increases in business and financial risks have caused many North Americans to shift their focus from wealth accumulation to wealth preservation. The benefits of a properly structured “asset protection trust” should now become a part of every high net-worth individual’s planning process. The following pages present a comprehensive review of our “International Asset Protection Trust” offering. |
| The Home Team: Bayshore Bank is proud of its Canadian heritage |
| Offshore Finance Canada Vault magazine July/August 2002 edition writes a special focus on Barbados and profiles Bayshore Bank & Trust as the premier offshore financial services provider on the Island. (Vault Magazine - July/August 2002) |
| Bayshore Key Unlocks Wealth Potential |
| Bayshore Bank & Trust is distinguishing itself from the pack through its combination of a solid trust offering with investment advice from some of the world's best asset managers. (Barbados Financial Services Review 2002) |
| Integris: Creating a Class of Its Own |
| The Integris investment options are an innovative new way of creating a diversified and personalized asset allocation strategy based on the world's best performing investment managers. (Barbados Financial Services Review 2002) |
| Interview with John Bujouves |
| John Bujouves is the Principal and Founder of the Bayshore group of offshore wealth management companies. (Shoreliner.com magazine -- Issue 8 - 2002) |
| Private Wealth Management Industry in BARBADOS |
| There is no doubt that technology has had an enormous impact on the financial world. Through our technologically wired world, global investors can now access many world class investment products, research and investment managers anytime and from anywhere. This means that world class investment services have the freedom to move to a jurisdiction with the sophisticated infrastructure and regulatory benefits that can truly round out one’s total financial plan. That is where the estate planning, business and tax benefits that Barbados offers come into the picture. |
| Bayshore Merchant Services for International Asset Freezes Equity Participation in the Structuring |
| As an international tax practitioner, you are undoubtedly aware of the concept of an “international freeze” whereby a Canadian shareholder freezes his or her interest in an active Canadian business in order to transfer future growth to a non-resident entity (often a Trust). Given the favourable laws in Barbados a properly structured “international freeze” not only provides significant tax deferral opportunities, but also has the potential to offer complete tax avoidance for Canadian resident beneficiaries. |
| Freezing in Barbados - Case Study |
| Within the last five years the Department of Finance has been aggressively attacking the use of offshore vehicles designed to provide tax deferral and/or reduction strategies for high net-worth Canadian residents. The Department of Finance has repeatedly recommended the introduction of new legislation and Parliament has responded with a variety of measures to curb perceived abuses. Despite this perceived rigid stance taken by Parliament and the Department of Finance, tax structures designed to provide not only significant tax deferral opportunities, but more importantly complete tax avoidance for certain high net-worth Canadian residents, still exist. In fact, it is interesting to point out that a proposed change to the Income Tax Act (Canada) (the “Act”) which would have effectively eliminated a significant avoidance opportunity has since been abandoned by the Department of Finance. This reconsideration by the Department of Finance with respect to the taxation of a distribution by a non-resident trust of any previously untaxed accumulated income reinforces the validity and effectiveness of an “international estate freeze”. |
| International Taxation - Get Out of the Heat Come to Barbados |
| The 1999 Federal Budget proposed a number of amendments to the Income Tax Act, which will dramatically affect the taxation of non-resident trusts, and foreign based investment funds. However, there still may be a way to escape the heat of Revenue Canada — and that shelter just may be found in Barbados. |
| Leaving Canada Checklist |
| Canadians are resigned to tax rates that are amongst the highest in the world. This is often seen as the cost of living in a country with a high standard of living and social programs such as universal healthcare. However many Canadians continue to leave Canada for foreign postings or to retire abroad. There are several factors that compel Canadians to become expatriates— some are seeking a sunnier climate, a slower pace of life or the excitement of living in a different culture. However inevitably one of the main factors is the ability to pay less tax (or no tax) either on income while working abroad or on the nest egg that is funding retirement. |
