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Recent content by Tetiana

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    Crypto is going down the toilet!

    Thanks, I don't know if you would call it "sophisticated operation" but i need something that sends an API call upon payment received. Would I be able to do that with BTCPay Server? If not can you suggest a reliable service?
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    Crypto is going down the toilet!

    @jafo the fact that you run your business in crypto arouse my interest. Do you use any service to receive business payments in crypto?
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    Question Best offshore jurisdiction for 2024 and 4 years ahead?

    Probably not a great city but overall better nature in Panama, more variety (mountains, sea) and most important no fu*king sharjah law.
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    Crypto is going down the toilet!

    Earlier i said "I don't see any problems if you stay in the BTC realm" because i get that if you pay or get paid in BTC everything works without friction. BTW i've read that you do your business in crypto, do you send/receive invoices in crypto?
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    Crypto is going down the toilet!

    It is not? Are you telling me that i'm wrong because i'm using FIAT to compare the value of BTC? I don't see any problems if you stay in the BTC realm. It's a great distribution channel. The only problem i see is in the conversion from BTC/FIAT there's so much value lost.
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    Crypto is going down the toilet!

    I guess "believers" is the most appropriate term to describe those into crypto. The more i read stuff about crypto the more it reminds me of a religion, at the end of the day you buy into a promise of some kind (paradise for christians, BTC replacing FIAT). This is all good but how could you...
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    Crypto is going down the toilet!

    Is there anything to study about bitcoin? What's the value of a currency that one day is valued at 100 and the day after you lose 25% of the value because somebody farts some fake news on Twitter? Finally somebody with some intellectual honesty so what are you betting on when buying BTC?
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    Crypto is going down the toilet!

    Same here, i don't see the value of BTC. It reminds of the dot com bubble of the late 90s
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    US DISREGARDED LLC - PASSTHROUGH QUESTION

    Especially with passive income is easy to trigger CFC rules. Imagine your US LLC receives $1 million in royalties but you only distribute $100K to yourself on which you'll pay your taxes. What about the remaining $900K? Since UK sees US LLC as opaque those 900K should be taxed in UK only when...
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    US DISREGARDED LLC - PASSTHROUGH QUESTION

    This is not the case in UK as HMRC sees US LLC as opaque entity so essentially you are taxed at the moment you distribute income from US LLC to yourself. I'm not familiar with UK CFC rules though.
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    US DISREGARDED LLC - PASSTHROUGH QUESTION

    A non-qualified intermediary is a non U.S. financial institution that hasn't entereted into an agreement with the IRS. Is your GIB company a financial institution? Probably not...
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    US DISREGARDED LLC - PASSTHROUGH QUESTION

    Lets do the reverse, under which paragraph do you think your UK LTD will pass the limitations on benefits test? Those tests are put in place to limit treaty shopping which is exactly what you want to achieve by using a UK LTD company to collect royalties and transfer those to the Gibraltar...
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    US DISREGARDED LLC - PASSTHROUGH QUESTION

    It won't work, you are not considering) limitation of benefits clause in the US-UK tax treaty (art23). https://assets.publishing.service.gov.uk/media/5a81972ce5274a2e8ab54ce7/usa-consolidated_-_in_force.pdf
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    US DISREGARDED LLC - PASSTHROUGH QUESTION

    If you can move to Ireland under non-dom you'll be tax free. BTW are you receiving royalties from youtube? I'm looking for a similar setup but unwilling to spend 183 days in a treaty US country just for the sake of obtaining treaty benefits.
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    Trynovel closed the account and scammed us of 12k.

    There are a lot of similar posts on trustpilot. Hopefully you'll get your money back