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Old 03-06-2004, 09:51 PM  
erehwon
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Quote:
Originally posted by Slave Betty
Your US corp only pays taxes on profits earned

then the owners of the corporation when they realize income from the activity of the corporation have to abide by what ever the income tax laws are no matter if you are in the usa or anywhere else.

In Mexico the income tax is 50%

In Anguilla it is 0%

[...]

Remember

Avoiding taxation is legal

Evading taxation is illegal
Anguilla last I checked has a serious problem with porn and gambling companies, at least the last time I checked.

But if this has changed recently, I would incorporate there in a heartbeat!
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