tax

Hey, I looking for best way to optimize tax in UK. My accountant gave me idea. BVI as shareholder in LTD UK company. 95% incomes goes to BVI from LTD based on license agreement. And later i will send money from BVI to my personal account as "loan" with 0%. Its right? Does anyone have...

Hi Guys, I am a non U.S citizen neither resident and I would like to inc. a Delaware LLC. However, the company monthly income will come from a U.S company and the wire will come from their U.S bank account. will this income be taxable as it comes from the U.S? thanks

Hello Everyone, One of my customer has 'UK NON DOMICILIED' statut. (He is allowed to pay tax only on his local income and not on his worlwide incomes if the funds are not remitted into the UK) He has successful businesses in the UK and wants to devellop his new activities outside the UK, in...

Hi, I'm from EU, my business is mainly adult (all legal), but officially it is webdesign, photo/video editing etc. I have Seychelles company but it is getting risky with taxes now so I'm considering moving to Malta. It seems, their remittance system of taxation is ideal for online business. What...

hi guys, I have two citizenship : number 1 and number 2. I live in country number 2. What if I open a company and a corporate bank account in a third country where I don’t live and I don’t have citizenship using my ID papers from country number 1 where I don’t live? The bank will report to...

Hi, I have gone trough so much information about Payoneer prepaid card as well as CRS. But I'm not still quite sure whether Payoneer is treated as a bank or not. I am still wondering if CRS will affect on Payoneer or not. Does Payoneer give information and my data to my country's tax authorities?

Heys Sirs I have a question about tax exemption in hongkong, some time ago i have made some research about opening an offshore company in hongkong saved in some word docs and now am trying to have a business account at neat.hk as a bank account and am looking for a web host for my online shop...

Since most countries are under OECR AEoI Common Reporting Standard regulation or FACTA there is information they send at end of December every year to respective jurisdictions. So I am interested which law and paragraph governs WHAT KIND OF INFORMATION has to be sent to respective jurisdictions...

Okay so I'm shopping around for an accountant in the UK who has knowledge of crypto. The ones I have had correspondence with have so far given different interpretations of HMRC's advce which is all very confusing. Anyone from the have any recommendations?

Hello, It has been a while that I'm investigating but I still got no answer yet. I have a few assumptions that I don't know if I'm wrong or not, hope you can help me. My main goal is not hiding for anybody, is just trading and saving money for the future. 1st assumption: As far as I know, if I...

Hi guys, I've been reading and learning a lot here recently (thanks) and felt that it's time to pose a question regarding some situational specifics. I'm looking at setting up a new (and more efficient) business registration with bank account. I'm trying to identify the best jurisdiction(s)...

Hi Guys, I'm a newbie here, so am I in the offshore world - this forum is very helpful. I have 2 questions regarding Cyprus offshore incorporation : 1) Is there any risk with using nominee's services ? I am not familiar with this use and I am afraid since officially, someone else is the...

Hello, I am from India. I am looking to open an offshore company in a tax free country. I have foreign clients and I work for them as freelancer from India. My client pays me via bitcoin. I need to pay GST + Income Tax. Now, according to rules, GST is not applicable on export of service. But...

Anyone know of someone who has completely ignored their HK company audit and stopped trading via the company without winding down?

I am a non-US person and active trader in USA stock markets. I was suggested to invest through an offshore company, as I can defer tax payments in my country for when I withdrawal funds, instead of when I make profits in the trading account. What you think is the best setup for an individual...

I just read that with the brexit UK might low down the corporation tax from 20% to 10%. Could Brexit turn Britain into a corporate tax haven? - HW Fisher . I've never had a company in the UK but I assume that they might have an excellent reputation. Does anyone knows the pros and cons of a UK...

Hi guys, I have a couple offshore companies of which I am the director and shareholder. I haven't worried about my name being on documents too much as I am a resident of Panama and don't pay tax offshore anyway. My partner now is wanting to relocate back to Germany and doing so I will get...

I've understood that IBCs are legal entities, and any profits they have generated are supposed to be property of the company. Yet at least the USA and the UK require their residents to disclose any possible offshore assets, and those get taxed. What is the norm? Are IBCs expected to be taxed by...

The UK government has busted several big companies in the past like Amazon, Starbucks, Vodafone or Google that overused tax planning. Either they paid very few tax or they declared losses while they were in fact successful. This attracted the attention of the local tax authority because their...

Didn't see this mentioned around here, thought I'd put this up. What's important to know when planning your tax structure are the recent agreements and protocols concerning automatic tax information: Multilateral Competent Authority Agreement (MCAA) (MCAA signatory states), Automatic Exchange...