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Old 2006-03-01, 09:24 AM   #37
DJilla
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Join Date: Sep 2005
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Quote:
Originally Posted by gregtx
avoid? or defer???
Well neither really, you still pay taxes to your local authority, you're just not subject to US Corp taxes. I shouldn't have mentioned it, its off topic anyway. Also, its not an easy thing to do either. You have to have foriegn agents, and officers, and you'd still pay US taxes on dividends received which is how the revenue is paid out. Bottom line just pay your reasonable taxes. People scamming are just asking for trouble and in this ever increasing electronic world you're likely to get caught. Stick to the old rules... CASH IS KING
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