Recent content by cherokeeflyer

So, if you setup a company in a country like Cyprus with 0% corporate tax, and say the company is an 'investment' company, do you only pay personal taxes in your country of residence when you receive a distribution from that company? Meaning, can income stay within the offshore company and be...

Thanks. Is Paypal doing the hold back on all types of accounts or just the business accounts? Also, what about protecting your identity. If you don't want you name emailed to a customer when they submit a payment, do you have to use a business account with a business name?

I use checks for some things, although mostly I use debit and credit cards. I often write a check at a doctors office or other places where I try and give them a break from the 3% or so processing fee. As mentioned above, in many countries, credit and debit cards aren't used that much. I...

My concern has always been a change in government, even a coup, when it comes to some of the Caribbean Islands. From what I have researched, the safety has actually been very high and there are even ways to structure things where funds would be instantly moved to another country if Government...

It has become real popular for people to put on a "donate to this site" button on their blogs, forums or other websites. Paypal even has donate buttons where you fill out a form and they give you the code to add to your web page. So, is this considered 'income' to the website owner that needs...

What's the difference between the Paypal types? When should you convert from a personal to business paypal account? Are the fees the same between a personal and business account?