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DWB · 02-12-2005, 03:46 PM

1) Panama is very stable for banking.

2) If you US, you can not get out of paying taxes but you can get get a 80k exemption if you live abroad and set it up so you earn "foreign income". ;-)

3) As long as you do not do business IN Panama, you pay no taxes to that government.

02-12-2005, 03:46 PM
DWB Registered User Industry Role: Join Date: Jul 2003 Location: Encrypted. Access denied. Posts: 31,779	1) Panama is very stable for banking. 2) If you US, you can not get out of paying taxes but you can get get a 80k exemption if you live abroad and set it up so you earn "foreign income". ;-) 3) As long as you do not do business IN Panama, you pay no taxes to that government.