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Old 12-09-2007, 01:45 PM  
Calvinguy
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Join Date: Oct 2002
Location: European Union
Posts: 1,752
Quote:
Originally Posted by pangolin View Post
Because that is what I was taught by friends who's business for the last 40 years has been company formations.

It isn't tax evasion it is negating tax liability the difference being one will give you more money to spend the other 15-30 years in prison.
Personal income tax will always be paid in the country where you live in no matter where the company is operating.

There is a difference between company tax and personal income tax.
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