Please explain 'tax minimization' legit techniques through offshore corps

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  • mafia_man
    Confirmed User
    • Jul 2005
    • 1965
    #16
    Originally posted by Mutt
    Mitt Romney does it, billion dollar US corporations do it, and if you look at most of the big programs in porn they have corporations in the UK and the Carribean for tax purposes i'm sure.

    So how legally does it work?
    It's not that hard.

    You either move abroad or keep your money abroad.

    As soon as I remit my money back to the UK I'll get taxed on it.
    I'm out.

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      • teomaxxx
        Confirmed User
        • May 2003
        • 2737
        #17
        Originally posted by teomaxxx
        its more easy then 250k...there are Latvian banks you can have account with opening amount of 1k EUR. But then they suck for adult type of income, at least thats my experience.

        just reading about Cyprus banks and adult income:
        http://www.cclogic.com/forum/f2/offs...usiness-16546/
        there are also some related threads to this topic.
        they suck too
        I had also in the past my account kicked out of one Austrian bank due bangbros sending me wires with title "bangbros com"
        Last edited by teomaxxx; 08-21-2012, 11:10 AM.

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          • wdsguy
            Ryde or Die
            • Dec 2002
            • 19568
            #18
            The best solution is to not be a US citizen and try to get citizenship in a country with a much lower tax rate. There are all sorts of ways to minimize your taxes by setting up shop abroad but the problem is you are always going to be in a position to be fucked if you are a US citizen and the IRS decides to come after you at some point.
            Last edited by wdsguy; 08-21-2012, 11:13 AM.

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              • Klen
                • Aug 2006
                • 32235
                #19
                Originally posted by teomaxxx
                just reading about Cyprus banks and adult income:
                http://www.cclogic.com/forum/f2/offs...usiness-16546/
                there are also some related threads to this topic.
                they suck too
                I had also in the past my account kicked out of one Austrian bank due bangbros sending me wires with title "bangbros com"
                Lol which bank exactly ?

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                  • ravo
                    Confirmed User
                    • Jun 2001
                    • 5461
                    #20
                    Originally posted by mafia_man
                    It's not that hard.

                    You either move abroad or keep your money abroad.

                    As soon as I remit my money back to the UK I'll get taxed on it.
                    This. You can have your offshore company makes as much money as you want, but as soon as you bring money back to your home country, it gets taxed. So, if you need money for your mortgage payments, food, etc, it will be taxed in your home country at your personal tax rates. (that's if you want to be fully legal about it)
                    AdultAdBroker - Buy and Sell Your Flat Rate Banners, Links, Tabs, Pops, Email Clicks and Members' Area Traffic - updated May 2026

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                      • teomaxxx
                        Confirmed User
                        • May 2003
                        • 2737
                        #21
                        Originally posted by KlenTelaris
                        Lol which bank exactly ?
                        Hypovbg

                        and just now I am screaming for that as I am in urgent need of bank account for offshore company and the bank must be from one of the member countries "Financial Action Task Force on Money Laundering", which is exactly Austria or Switzerland - the last two bastions when offshore company can setup accounts when need to have a "serious outlook"

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                          • sperbonzo
                            I'd rather be on my boat.
                            • May 2003
                            • 9750
                            #22
                            Originally posted by mafia_man
                            It's not that hard.

                            You either move abroad or keep your money abroad.

                            As soon as I remit my money back to the UK I'll get taxed on it.
                            In the US it doesn't matter where you live. If you are a US citizen and you never set foot back in the US again, you will still owe taxes for the rest of your life, or until you renounce your US citizenship.



                            .
                            Michael Sperber / Acella Financial LLC/ Online Payment Processing

                            [email protected] / http://Acellafinancial.com/

                            ICQ 177961090 / Tel +1 909 NET BILL / Skype msperber

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                              • lucas131
                                ¯\_(ツ)_/¯
                                • Aug 2004
                                • 11475
                                #23
                                please somebody share step by step manual with pictures, so everyone can make it offshore

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                                  • wdsguy
                                    Ryde or Die
                                    • Dec 2002
                                    • 19568
                                    #24
                                    Originally posted by sperbonzo
                                    In the US it doesn't matter where you live. If you are a US citizen and you never set foot back in the US again, you will still owe taxes for the rest of your life, or until you renounce your US citizenship.



                                    .
                                    Exactly the point i was trying to make. Sucks being a US citizen sometimes.

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                                      • Barefootsies
                                        Choice is an Illusion
                                        • Feb 2005
                                        • 42635
                                        #25
                                        Originally posted by joshgirls
                                        you should go into merrill lynch wealth management & ask them that question. they will ask you how much you make. if you not making over 250K, they will laugh at you, then press a button & you will fall into a garbage chute.
                                        Should You Email Your Members?

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                                        Enough Said.

                                        "Would you rather live like a king for a year or like a prince forever?"

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