Quote:
Originally Posted by datatank
Nevada a Tax Haven? Are you Joking?
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Well its promoted as such...im not in the USA ..here is an extract from a corp specialist site...
No State Corporate Taxes (Corporate Benefit)*
Nevada has NO state corporate taxes. It also has no franchise tax, estate tax, stock transfer tax, capital gains tax, personal income tax, inventory tax, tax on corporate shares, inheritance tax, estate tax, gift tax or minimum tax! Corporations and LLCs
No Reciprocity with the IRS
(Both Corporations and LLCs)
Nevada is the only state in the country that does not exchange information with the IRS! No financial or ownership information is shared.
Nevada has become the domestic haven of choice,.......
Blah...blah......im no accountant ,its just the impression you get reading about tax/offshore etc