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Tax saving strategy to use for my existing business
Thanks, I'm currently the US. I spoke to some, but they all appeared like citing whatever I read on the sites, not much new and not much answering my questions. I have another one scheduled for Monday through my current CPA, maybe she'll be able to assist me better.- Rachitskiy
- Post #11
- Forum: Mentor Group Gold
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Tax saving strategy to use for my existing business
I still have not found CPA/Attorney that has good knowledge in offshore set-up, my current CPA is more knowledgable about US rather than offshore.- Rachitskiy
- Post #9
- Forum: Mentor Group Gold
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Tax saving strategy to use for my existing business
yeah, agree with that, but I want to be closer to 100% legal and hence as transparent as possible. Anybody heard abut corporation in New Zealand ? Seems interesting, gotta have office there though, but 0% corp tax on foreign income and PayPal works there fine. Currently I see my options as...- Rachitskiy
- Post #7
- Forum: Mentor Group Gold
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Tax saving strategy to use for my existing business
If I fully own offshore (at least 50%), then it is considered as Controlled Foreign Corporation ( CFC). And subpart F income includes:- Rachitskiy
- Post #5
- Forum: Mentor Group Gold
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Tax saving strategy to use for my existing business
Thanks, Admin! Let's forget about using PayPal, I can rely fully on 2CO. The solution that you provided would not work or would not be 100% legal, since the offshore corp will be CFC and if my LLC pays to my offshore corp, I should pay all taxes on the income of offshore corp derived from US...- Rachitskiy
- Post #3
- Forum: Mentor Group Gold
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Tax saving strategy to use for my existing business
Hey Guys, have been researching the possibility of legal tax saving for some time and each time I settle on something - I get information that contradicts with what I read before. Could you help me out with the solution to the following: I have 100% legal established business with big profits...- Rachitskiy
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- Replies: 11
- Forum: Mentor Group Gold