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Old 06-15-2003, 11:16 AM  
besterman
Confirmed User
 
Join Date: Jan 2003
Posts: 623
Quote:
Originally posted by jennycards
The problem is: As soon as you take out money from that offshore trust you either have to pay full income tax or commit a tax crime.
You can't really take money out of that trust, because it does not belong to you, you are not the owner of it.

You can accept the trust's decision to make an "investment" or pay you a consulting fee.

Either way, the personal tax you pay is tiny.
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