Quote:
Originally posted by max.yambo
That is all true. For US citizens and businesses though. What if you own an offshore company (registered in nominee director's name)? Your business IS LOCATED in an offshore, you pay taxes that have to be paid in that jurisdiction (usually it's zero)... Your company has nothing to do with the US government and laws...
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not really...
as an American Citizen,
you are still must declare what those offshore companies made and eventually pay taxes when you bring money to US,
either via wire or...CREDIT CARDS,
something you fail to mention.
also...tell us more about RedEye and his plans
;_)))