| Show I BUSINESS Sunday September The Salt Lake Tribune D7- - 4 1994 or no reserve assets A strict confidentiality rule is mandated by local statutes and the Cayman Islands resists US attempts to obtain information about American offshore banking clients The only exception to these laws involves bank customers undertaking possible criminal activities such as drug trafficking In these instances the Cayman Islands has an agreement to assist US authorities The Cayman Islands is considered to be the top offshore banking center of the world A British Crown Colony with Queen Elizabeth serving as a ceremonial figurehead it has its own legislature and makes its own laws To obtain the most current Cay Formula Determines 'Minimum Withdrawal From IRA Q I will be 69 years old this month When and how much do I have to withdraw from my IRA? What can I do to minimize taxes on these withdrawals? — Henderson Nev A According to Bryan Dziedziak of Deloitte & Touche (3800 Howard Hughes Pkwy Suite 1600 Las Vegas Nev 89109) you must receive the entire IRA balance or at least periodic annual IRA distributions by April 1 in the year after you reach age 7012 In your case this means no later than April 1 1997 Withdrawals in subsequent years must be made by Dec 31 Therefore you must make a second distribution for 1997 no later than Dec 31 1997 The best way to minimize taxes on your IRA distribution is to with- I I I transaction with tax MONEYWATCH st-I- tween two or more foreign parties Offshore bank customers benefit from the flexible regrulaeons of host countries that usually allow for free smooth and uninterrupted banking transactions among foreign parties Other advantages enjoyed by offshore bank customers especially customers doing business with Cayman Islands banks include no payment of corporation capital gains property or payroll taxes The banks provide free transfer of funds in and out of the islands in any currency and require little conse- quences consult your tax professional before determining the best course of action for you El V explain the offshore banking system with an emphasis on the Cayman Islands? — Rockledge Fla A "International banking" ren fers to transactions taking domestic and foreign parties andor between two or more foreign parties "Offshore banking" is generally used to describe banking transactions be Q Can you 1 91 ' place-betwee- JAY GOLDINGER mon method is to divide the IRA balance at the close of business on December 31 of the preceding year by the applicable life expectancy See IRS publication 590 Individual Retirement Arrangements and IRS publication 939 Life Expectancy Tables for more information For these free booklets call - draw the minimum required amount each year Trust-Compani- es Jay Goldinger is Chief Investment Strategist for Capital Insight Inc and author of "Keys to Investing in Government Securities"For a personal reply please limit your question(s) to one printed or typewritten page Send to PO Box 4092 Beverly Hills Calif 90213 Be sure to include your telephone number 1111111MINIMEIMINEMEb WOMENIMENOMIPPP MatAi ol Utah Univeriity 1- This amount will change based on your IRA balance and your life expectancy or that of you and your beneficiary While there are several ways to calculate the minimum distribution the most corn man Islands information on banking laws and regulations write to the Inspector of Banks and (Government Administration Building Grand Cayman British West Indies) or write to Cayman Islands Office of Tourism (6100 Blue Lagoon Drive Suite 105 Miami Fla 33126) Distributions Commanication3 2epartment from IRAs are considered taxable withdrawals and generally may not be rolled over into investments that would continue to defer the taxes owed As with any pl' 13 to- - in3titate Commanicationi the Jecond an gear 01 THE INTEGRATED MARKETING COMMUNICATION Shopping For a CERTIFICATE PROGRAM Total Marketing Communication Function Of The Strategic Management Classes begin Monday October 3 Applications are due by Frida Call Len Leckie at Check These From Istur Collection 8 41n for applications andfurther information 5 CLASS DATE AND TIME Beginning October 3 class will be held Monday evenings from 6:00 to 9:00 Upon completion of the Integrated Marketing Communication (IMC) program participants will have gained the equivalent of several years experience from a COST Tuition for the full program is $2100 All course expenses induding text course materials and field trips are covered by tuition three-quart- er COURSE WORK Course work for the IMC Certificate includes 'study units where IMC variables such as product price place promotion packaging branding service advertising personal selling sales promotion direct response retailing public relations publicity etc will be covered in each unit ELIGIBILITY The IMC Certificate is designed for working professionals with at least a bachelors degree and two to five years experience in the marketing or communication field Participants will be expected to demonstrate their academic and professional ability in the application process FACIIM AIYltial Percentage Nieid Supervising faculty for the program Tim Larson and Ken Foster are national Each study unit will be leaders in the development of integrated communication the academic and on an subject of the clay practitioner facultyexpert taught by thirnurn opening deposit MO The rrinimum balance required to earn interest is le Fees or other oxidations could reduce h3 earnings the O Annual Percentage Yields based on daly compotrdng Of interest rate Ahrual Percentage Yields are accurate as of 9194 Rates are subject to change without notice A penalty may be imposed for Gatti wthdrawal Cal us tor otter attractive CO rates d GREAT WESTERN Great Western Tuft imd Ct Lam A Great 1Wstem Financial Compar 81 West 3300 South Salt Lake City 4626 Highland Dr Holladay 272-012417 Grant Ave Ogden 394-42- 24 '11‘r101tditAlk 467-70- 29 50 F 01(1171 - - M riôV Member FDIC '1 Fox il 1 !) 0 Dg) 0 " u n 0 - 400 - ' Lk''' - — wo t ea - N - ea 0 ti — - '- ------ 1111' 4d I' I t-- r- f - c' - 3-- te-- 0 t 4 : 40111 4i011a"6 -0 g'? 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This special 5 1°' '' t ) t 1110 r rteliMatigNoWVXZWMWITNett CrittlititlIELV 7 4't----- ste ' 1 ' erg Et teleA1 q:Catr:Zat: ' i647 411f:11:qi ' 1r4-- 111z0 FA1 i - i c10374? ?tM - - 1 41 11141411S 'CLP - ' ' te 1:::Tz -- fOi:L ' LI members-onl- y benefits coupon is a additi'o to get in on exclusive off (excluding 5 everything you purchase including an Ask your sates represpecial orders gift certificates and shipping) sentative for details I TIZ inli evil q Avq? - ' 2 Ittottot - 11 a V7)411-1a1:12174-Z'Cr e' ci 2:iti'- 4p Not already a CUE member? Join now—it's FREE! 4- - 1 — 0 440tlie 4o g: ' ' 1rilt:-:tit- -- — j - : tiig 41gill : ArE94 oi-- - si412Prp'' d4 04) Air44t411Yr' 0t1' tbk' - - Ci1 '')siv':lo lifi'Aiii-Tat Afri 1Vi - 'ti1-- - - - 41 " r' - - Our CUE Members save 5 every day But Sept 5th only you'll save an extra 5 in addition to your CUE savings (? (1' ' — f - Special savings for our preferred customers! - Nat il - - 1 ::' ' - H Save on regular- - sale- - and clearance-price- d merchandise—every product in our store! in - dar ge 4 3 a 4)ii t aft' f—fr r- : dt'-''---- :: : iairciartfulac11) t 410 0 I:4p 0 - i - ' 1 - -— U - - - - - o - i : -- ii416 c17)VXC' 1 - 01 - 1 17(: - 4tmte - t:st - - oveetItaz :1i4 oiseiok : p:-- riZ11410 -- J - - 1: 1 t - terns-&--smpp- '1J b - oljill ' 4 '' ' - B - a - - 4 11A at — - 8 - d t us ft e ' 581-688- - CO : r for application information 5 ': A Mr' - 581-582- DIVISION OF CONTINUING EDUCATION DEPARTMENT UNIVERSITY OF UTAH COMMUNICATION e:citi A Call Len Leckie at FOR MORE INFORMATION CALL THE DEPARTMENT OF COMMUNICATION UNIVERSITY OF urAH AT - - APPLICATION - A6 oali )(iiTh I during regular University of Utah quarters for three quarters pm management perspective OA 0 20 participants The program is limited to MISSION imortuirsititstmooiTHamo c 16 September 581-582- too i trl'0?i'44 r t zi 1 Call 18001BEGGHEAD 1 ''' for the store nearest you! f I t- - 011'''!"1 f: 1 1 I 1 I a 1 I 1 It I J I s " - a ' - 1 " I 4 - Ywmtlik-- to4' r‘ - ri 1 119' tV“ 4W4 ' r1"I''''4:1 - 41 i '' 4711''1'":k-I"''''- - '''' - -1-- 11 – !: - Pentium '''''' y- r' : -- ' ' N - 104 i les il 4-- 1144011 ' I - At '' :4 - 4J it:41 y 4"":11110:Z1-14elatir:z:::oliejIL-114::- ': - rt -- 41- : - - - e e e - f ) ea Tct:Altzcp 47 ' fre41K1 I i T ' FrIri"y4 4y411-- : ' - - V tt4a4:: : t J illr I' '' I 1 9 0 ' '':: '" 1 4:11VIMISA f i nt Vnit 10 i '''' VastivztrFL4ioato:Lt:r'taL4oLtatomo' '''' '":F : 1 : - AL i 1 '0 1 r47-d-a 11:t1' t 1V4teill11'"'Y ie''' ' i t)! 90 mass9 t - --- ' T-eif- ' it 4 littikt ' 4 !IGIa 0 04 ' 4 ' ebs r fl 1 ' "'" Lf 1ri In IV ere trackemarks el Egghead C5 t954 Egghead Soneare 'Egonnad 'Professor Egghead' of thee daspectes trademark 1 Iumbern"wrirt atansa""tioarPluCee'lYr1- We kmtandoocCrr43amml resent eye rive to time 1 hoSQfrtIrsonAll cowe'hrontrad""dpeco0'tort""'"11'CIN0 CUE dtscOunt CUE I oft before Ado:tonal 5 taken 0anrres You I'MATOteStillt coloon to mown sanegs tOr typOgraPhCilA Not responsOie I prices are subtext to Tefrns ara con690n6 of CUE membership program Otter good ooey Sabi 5th 1094 SG-TeV nOt vaild through a 44 - arid Egg iwords Lew" 3" il q ir : F: 1 - --- - Most stores open Sept 5th! Check with individual locations for current information I 'j '' 'I t4 4 - li e'g1-4 a t ! - wo---- V P |
