Originally Posted by slapass

Anyone using a Panama coporation? I was in Brazil and got talking to a guy form Panama. He sets up corporations for people around the world. They transfer some fo the earnings to a panama corp and pay zero income tax in Panama. Zero on on money made outside the country and 5% if made inside. The currency is in dollars and soon to be euros as well. You get to choose your currency next year.

Anyone know about this or use it? Will the US just butt fuck me if I try it?