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Tax on Invoice that get paid directly to my bank account?

DeMajor

Offshore Agent
Jul 7, 2015
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Hi,


I did some research on some offshore jurisdiction I considered to incorporate a new company. The new thing (I have never heard this before) is that they told me that if I generate an invoice and ask my customers to pay in the sum directly to my offshore account then I'm legible to pay tax from this amount! However, if I ask them to pay by PayPal or any other credit card processing then I don't need to pay tax???


What is this about, can you please help me clarify if this is just bulls**t or it's really true?
 
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Yes you will have to pay personal tax regardless where you are incorporating your company unless you move out of your country and pay tax somewhere else if applicable. There are at least double tax treaties you can make use of it certain cases you want to ask a tax firm for more advise on this.
 

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