Recent content by dxt3r

thanks for the advice, will do more research and post my findings

Mexico is not good enforcing this, but i do need to prove i paid taxes in malta so they don't challenge the validity of my invoices, so my customers can report the expense as tax deductible. For this to be posible i would have to declare a dividend in favor of the sharehoder (holding company or...

How does this strategy work, you pay full tax in Malta, then via DTT you inform paid taxes in the country where the holding company is, then go back to malta and ask for a tax refund, due to non-residency etc? Will this work with a Mexican Holding Company? There is an existing DTT with malta.

thanks for your replies, indeed mexico sucks at enforcing. I will explore more options, I had considered the homeless man option, its a fairly common tactic even in local companies here.

Hello, I have a subcription based consulting business I'm planning to move offshore as no physical goods are exchanged, im planning this setup, any recomendations or criticism would be appreciated. The business i run is a 200 USD a month subscription so no large transactions, but revenue is...

CFC is not a LAW its a recomendation from the OECD to its member countries here Tax, Designing Effective Controlled Foreign Company Rules, Action 3 - 2015 Final Report - en

They OECD has a tax model, it "recomends it" to countries, countries that want to play ball with the OECD to be part of G20 and other nonsense, comply and reform their laws to adopt their standards. CFC rules (controlled foreign company) states that if you have transactions with the foreign...

@kanakke thanks for your answer, Mexico has a very high corporate tax (30%) and expense deduction is complex and very restricted. Belize seems like a good choice, how is banking there?

Hello, I'm new to this site, I'm seeking general advice for a company and account setup to help optimize tax. I have a sport and betting consulting business and charge monthly subscription to mostly mexican and some other latin american customers. I am based in Mexico and would need to be able...