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Originally Posted by $5 submissions
Webby, do you have a link or info re these places?
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Hi $5! - All offshore's are the same - give or take some detail and they don't have personal/corp taxes. This all really depends on one main factor and has more to do with your personal circumstances than anything - at least to do it legally:
That you are out of your home country and not under any tax obligations there while you are living elsewhere. This opens up a whole range of options (assuming you are not in US - which I don't think you are? *s*).
There are only four countries that have restrictions on citizens.. US, Saudi, Lybia, and... some other obscure place near the Balkans.
If you mean counties that may not be offshore's but have a geographical based tax system - examples are all Cento American countries and most of South America. If you live there and your income is dervied from international sources - ya don't pay tax on any funds brought into the country. But.. there may be some sales taxes locally on what you may buy - the usual 5% - 13% stuff on certain products.
There are loads of links on this on Google... but watch all these companies that have some sales pitch on selling something or office blocks full of lawyers - all they want is an increase in fees :-) But the info on their sites can be helpful and often detailed. There is a vast difference speaking with a real offshore lawyer and a boring old onshore lawyer who ain't got a clue! :-)
Stuff in.. eg "tax jurisdictions" and do a Google! :-)