uk resident - what is best country for a ltd co for adsense income

[jtaylor]

I am a UK resident and will be earning adsense income (youtube).

I am looking to create a company and store the income there, without a need to withdraw it. So just want low or zero corporation tax. Not looking to do anything illegal that will get me banned from adsense.

1. Is it better tax wise, to create the company offshore, than in the UK? What are the options?

2. Will that offshore company be taxed in the UK, as if it was a UK resident company anyway, because of the UK Controlled Foreign Company rules?

 

[Sols]

jtaylor said:
Not looking to do anything illegal that will get me banned from adsense.
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Tax evasion is illegal.

jtaylor said:
1. Is it better tax wise, to create the company offshore, than in the UK?
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No, it is not.

jtaylor said:
What are the options?
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Relocate to a place whose tax are more aligned with your desires.

jtaylor said:
2. Will that offshore company be taxed in the UK, as if it was a UK resident company anyway, because of the UK Controlled Foreign Company rules?
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Yes, one way or another, the UK company is tax resident in UK. Not necessarily through CFC but through place of effective control and management.

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This is the probably the answer to your question.

 

[icecold]

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