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Old 06-27-2009, 04:56 AM  
quantum-x
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Join Date: Feb 2002
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Quote:
Originally Posted by ztik View Post
The best thing to do is a have a company in X with no business taxes, have it own all your websites, all your web property, and simply employ yourself to work for that company, you only take out your salery or what you need and leave the rest in that country tax free.

Atleast thats what I have been reading as a legal way to do it
The problem is, however, that you are still the owner of that company (even if it's nominee directors, or whatever) - You are still earning money you're not declaring - and, even worse, you're paying yourself directly from it - establishing a link between you and your company.

If the IRS ever looks at you, and sees a weekly regular payment from Cyprus to your bank account, no matter how many layers of 'protection' you have, you're still gonna be fucked.

These guys pull people's schemes apart for a living, and probably also for fun..
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