Recent content by Simple q

Ahh this guy. had a look at him today as well, seems shoddy. The maths he throws around on his website is inaccurate and the structuring solutions talked about in the blog are.. basic common knowledge

I've been researching it, accurate unfortunately, appreciate the input, I need to seek much better accounting I guess the shady option if I want to stay in Aus and mitigate tax on real estate appreciation (excluding rental income from those AirBNB people) would be to purchase assets in non-CRS...

hence I’m on a tax haven board seeking international tax / incorporation advice :)

6 months living in a house OS and we are a non-resident for tax purposes awe¤""%

Yes, the benefit of being offshore that I’m interested in is tax deferment, profits that can be reinvested indefinitely. We only pay tax when the money is brought back to Australia which isn’t going to happen as I’ll be a non-resident for tax purposes before any withdrawal.

Using an offshore secretary and registered corporate director in the Seychelles seems to be a solution no?

Interesting, I spoke to my accountant a few days ago and an offshore company was the exact route he suggested, are there other incorporation locations that are more suitable? You spoke of re-investing profit as a method of paying no tax, however as far as I know that’s not possible as all...

I have an unrelated existing business with a partner that’s registered in HK. As part of our fees we receive a ‘company secretary’ based in HK, hence our tax residency is HK and I’m not taxed on any income by the Australian government What you’re saying is a Seychelles IBC offers nothing like...

The country I’m looking at has a shambles of a tax system. No landlords I’ve spoken to pay income tax

As an Australian any offshore company is considered a separate entity to myself and only the only taxable event I’ll encounter is if said company pays me a wage or dividend. If company profits are retained and reinvested they won’t be taxed If I were to have rent paid directly into an AU...

Hi all, looking for some advice here as I’m unsure where I should be focussing my attention. I’m an AU citizen who wishes to start purchasing properties in Eastern Europe, renovating them and then and listing via AirBnb (holy rental yields) most of the profit will be reinvested, however I would...