01-17-2003, 05:59 PM
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Confirmed User
Join Date: Jun 2002
Posts: 2,728
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Quote:
Originally posted by MJH
It is my understanding that any US citizen is liable to tax on any income earned worldwide over $72,000 USD per year whilst offshore. But there is nothing to stop an offshore company that is managed by an American citizen earning as much money as it wants and owning what ever it wants without tax implication if done correctly..
MJH
PS. Email me if you want more information about reputable people to contact regarding this.. [email protected]
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Hey boss!
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