tax

Hello, I am employed in Luxembourg and my employer want to give a bonus to me. He mentioned to me that he can do it to me personally (via Luxembourg or via another company located in an off or on shore jurisdiction such as jersey, UK etc...). Due to the high level of taxation on bonus in...

Hello, I have a trust in Jersey and an operating company in Luxembourg. Do you know any legal strategy possible to be used to upstream funds from a very efficient manner ? I was thinking about CPECS or PEC but I am unsure if using an hybrid instrument could help. Thank you all

Quick question, what's the best offshore setup (if any) if you are EU national and work for an EU based company as a full time employee and your yearly bonus represent a large/major part of your compensation? Put it differently, you as a worker get the "minimum" wage and unproportionaly large...

I have an EU passport but residing in the UK, I’m making $12,000 per month currently but I expect this to keep growing. My partner has a British passport We have been looking at opening a company in Dubai and become tax residents to reduce the amount of tax paid in the UK while also allowing...

Hi, I'm looking for clarity on crypto currency taxation in Thailand and possible (offshore) company setups to legally avoid taxes on trading by moving all trading activities into the company. I'm also looking for a way to move any personal crypto holdings into the company without incurring tax...

Hi all, shout out to Freebit for the EU perspective, his thread was v useful. So glad to have found a good forum where people talk about this stuff, getting tired of asking anything on reddit and 80% of the responses being "pay your taxes". I'm a long term btc/crypto investor, bought in early...

My situation is as follows: I am a dual Canadian and UK citizen, residing in Canada where I plan on staying I provide management consulting services to clients that are based in the US. Clients are (mostly) US companies and the work I do is for the US company/subsidiary. However, I perform the...

Hey, Will I need to pay income cooperation tax if I am a Mexican born citizen, with legal cooperation in Mexico and that does online business only in Canada selling physical products? Thanks!

Hi all, long story short, I have an LLC I registered in October 2020. I didn't have any activity what so ever on it. I didn't even open a bank account. My entity is a foreign-owned, I am not a US resident, not a US citizen and I am not ETBUS. The form 5742 is to be filed if your company had...

Hello, really considering moving to Georgia for tax purposes but my main questions at the moment are about the life style there. I understand its not Las Vegas or even switzerland but: 1. Are there any modern areas in Tbilisi with good building, neighborhoods, shopping areas,restaurants, gyms...

A bit of background: 1. I hold dual nationality (Thai and Danish), last November I secured my Thai passport and have relocated to Thailand in February. 2. I have been traveling for the last 4 years of my life. During this time I was working in the Philippines for a company there. I paid income...

Hello. I'm currently a tax resident in Portugal. Is there any EU country who allows me to live there while paying no tax on portuguese rental income? Thanks

Sorry for starting a new thread. I know that Portugal's NHR was discussed a lot and if I didn't have to please my girlfriend Portugal wouldn't be my first choice. I'm a software engineer making websites and mobile apps working for a UK company remotely. I'm not physically tied to any country. I...

Hi, sorry for my poor English, i have a UK LTD and I don't know if associate Wise Business or Bankera Business for receiving Adsense EUR wise.. Wise, after Brexit, have all EU IBAN under Belgium central bank, im right? Bankera have all in Lithuania. I want to set business bank IBAN for...

Hi, I am considering moving to Portugal and apply for NHR. I own a house in Netherlands which I would rent out and get the income from it and I own substantial amount of dividend paying stocks on my online broker account. I assume these two sources of income would be categorise as 'passive'...

Hello everyone. So, I'm thinking about opening a GB LP and can't understand how we can not pay taxes on profits. The model is to keet profits on accounts of LP and does not widhraw dividends. The structure that been offered to me is 2 physical person nominees from Cypress as partners and me...

Let’s say I earn 50.000$ from a non official business like something I do in my free time could be anything. And I would like to deposit that money into the bank with low tax how would you do that?

I have tried to find information about this but I have been unable to. I have learned that PayPal has a obligation to report gross income of $20,000 activity within the PayPal account to the IRS. I live in Norway and I am therefore not liable as I am not a US citizen. I have signed a W8-BEN...

While not new at all, the AML5 – a directive for anti-money laundering operations – is a challenge for many financial institutions and businesses. Many of these institutions are not even fully aware of it or what it actually implies. Before even getting fully implemented by everyone, a new...

Good evening, everyone. I am new here and i registered myself, because i need some help with advices:) Long story short: i was working in offshore and offshore company awhile, the company is registered in Cyprus, but i was working more than 1 year in German waters and paying taxes(as i thought)...