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Originally Posted by Why
you might know a thing or two about dutch(EU) law. but thats not the case in america. if your an american and you work in america.... your bound to american laws PERIOD.
by your logic.... its legal to sell drugs in certain countries. so i can setup a drug dealing company in one of those countries, come to america, and sell drugs and its OK? think a little harder dude.
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You hit the core issue of .. (a) where you reside (b) where you operate a business and (c) are you a US citizen? (The US is the exception on various issues)
Fundamentally, where you reside is the governing factor. There is an obligation to comply with all laws where you reside. (Whether a US citizen or not).
Where you operate a business - ie if this is outside your "home country" has a possible bearing on taxation within your home country from the moment any funds are pulled into your resident country from a foreign business. This is further messed up if you happen to want to run an offshore corp and are a US citizen - where there is an obligation to declare interest in all business activities worldwide - and pay any taxes due on this to the IRS. These taxes being payable wherever a US person actually lives - be that in the US or elsewhere. The requirement to declare interest in foreign corps in the US is a problem when offshore is involved - since the whole object of offshore privacy is obliterated.
For citizens of other countries who happen to reside outside their home country - this is not a problem.
Bottom line... the ideal scenario (does not apply to the US unless citizenship is relinquished) is actually live in a "net friendly" country (the majority are) and as an added benefit, a country which has low or no taxation. The only laws which apply in that instance are the laws of the country in which you reside and to a lesser extent - any countries used as new hosts. (And.. these can be selected from "net friendly" countries to obviate hassle)