Tax Haven: Cayman Islands and Secrecy Kushner

tax haven: The money came through a vehicle run by Goldman Sachs in the Cayman Islands, a tax haven that guarantees corporate secrecy, according to The Guardian. Kushner, who is married to Trump's elder daughter Ivanka, kept a stake in Cadre after joining the administration, while selling other assets. Investment has flowed from overseas to the company, Cadre, while Kushner works as an international envoy for the US, according to corporate filings and interviews. His holding is now valued at up to 50m, according to his financial disclosure documents. It will cause people to wonder whether he is being improperly influenced, said Jessica Tillipman, a lecturer at George Washington University law school, who teaches government ethics and anti-corruption laws. Cadre's foreign funding could create hidden conflicts of interest for Kushner as he performs his work for the US government, according to some ethics experts, who raised concerns over the lack of transparency around the investments. (news.financializer.com). As reported in the news.