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Gary_TLX · 07-21-2007, 12:11 AM

Thanks for the info GreyWolf, that's exactly what I thought too and since I made those posts I did a bit of research on the subject. It seems like a lot of people who open an offshore company with an offshore bank account and just withdraw cash from ATMs in the country where they live and generally do business are just asking for trouble.

I guess you can minimize taxes if the structure is right, but can't completely avoid the issue if you want to remain 100% legal. Damn, I knew it couldn't be that easy.

07-21-2007, 12:11 AM
Gary_TLX Confirmed User Join Date: Feb 2006 Location: Budapest Posts: 776	Thanks for the info GreyWolf, that's exactly what I thought too and since I made those posts I did a bit of research on the subject. It seems like a lot of people who open an offshore company with an offshore bank account and just withdraw cash from ATMs in the country where they live and generally do business are just asking for trouble. I guess you can minimize taxes if the structure is right, but can't completely avoid the issue if you want to remain 100% legal. Damn, I knew it couldn't be that easy. __________________ Quality custom exclusive content: ICQ: 286786153 email: contact(at)tlxproductions(dot)com