Panama tax residency w/US C-Corp

[Don]

Radko said:
Is that still the case? I thought Panama is now a CRS jurisdiction.
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Yes. As a result the invoices are most often not deductible, etc.

https://www.consilium.europa.eu/en/policies/eu-list-of-non-cooperative-jurisdictions/

 

[JustAnotherNomad]

Like I said. And that probably doesn't change if you wrap it in a US LLC...

 

[daniels27]

JustAnotherNomad said:
Like I said. And that probably doesn't change if you wrap it in a US LLC...
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It is like with a gift, it takes hours to wrap and they hides things. But one day, it will take seconds to unwrap.

 

[JackAlabama]

Radko said:
Is that still the case? I thought Panama is now a CRS jurisdiction.
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panama has been so for ages. 2018 or smth.

The eu isnt happy as good communists they demand outrageous tax and total submission as panama doesnt seem to do. Kudos to them really.
Sadly doesnt change the fact banking was horrendous, although I havent tried it for many years by now. If someone knows its getting better Im willing to return.

 

[Radko]

JackAlabama said:
The eu isnt happy as good communists they demand outrageous tax and total submission
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