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Old 07-23-2004, 08:29 PM  
jonesy
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Join Date: Jan 2003
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Quote:
Originally posted by xxxjay
Can anybody say weather moving your servers offshore and setting up a foriegn company being a solution to this problem?

What it would take to comply with this new 2257 is damn near impossible. I think I'd be better offshore.

By having a company set up outside the US with a corp, servers, and bank accounts in aonther country put you outside the Feds jurisdiction?
yea if you do any work on that website from the US your fucked especially if your an agent or title holder in said offshore company.

the IRS is hip to every offshore bullshit and it aint as easy as it seems.

any money that comes into the US is taxable and is subject to federal laws.

one thing i know worked is the offshore credit card. an offshore bank deposits (or offshore company director of the company, which is usually a lawyer) offshore monies into your offshore credit card account. you can use that freely here.

at the same time if you are a US citizen part of/recieving money from a company that breaks US laws. they could come after you - IRS audit - or other federal shit but its very complicated and not worth the effort man.


BOTTOM LINE
you better hire a competent offshore attorney if you wanna play in the big boy leagues.
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Last edited by jonesy; 07-23-2004 at 08:33 PM..
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