Bank account, where, what bank?

**xXXtesy10** · 07-22-2014, 01:29 PM

Originally posted by PikaPoka

Can somebody suggest me where (what country & bank) should I open personal offshore account?

So I can use for my internet earnings and I can avoid paying all the fucking taxes in my super expensive country (Europe)

.

Thanks

While they are at it.. Can anyone suggest a bank I may burglarize as well?

**mineistaken** · 07-22-2014, 01:49 PM

If that was as simple as opening an account in some country everybody would do that.

**aka123** · 07-22-2014, 01:54 PM

Originally posted by PikaPoka

Can somebody suggest me where (what country & bank) should I open personal offshore account?

So I can use for my internet earnings and I can avoid paying all the fucking taxes in my super expensive country (Europe)

.

Thanks

Fuck yeah, tax avoidance.

Seriously, using your moneys and avoiding taxes don't fit together, at least if you plan to still live in your super expensive country. Move to Somalia, it makes things much easier.

Since the bank robbing theme came up, usually even the most successful robbers are caught when they start to use those moneys.

**CPA-Rush** · 07-22-2014, 01:55 PM

and minus vat

**LucyVanAngel** · 07-22-2014, 10:39 PM

Make an offshore ltd. Costs around 2000$ and comes with atm card and online banking. Problem solved

**kittykatt** · 07-22-2014, 11:41 PM

Cayman Islands? if you have a minimum of say 10 mill and you can comfortably lose it if you get caught

**CurrentlySober** · 07-23-2014, 12:11 AM

i kunt a4d a wank account...

**Andreweb** · 07-23-2014, 12:38 AM

Belize is the best one or Cyprus ! But I can't suggest you a bank !

**247mg** · 07-23-2014, 03:04 AM

Cyprus or Schyelles and bank account in st kitts.

**ravo** · 07-23-2014, 03:47 AM

Originally posted by LucyVanAngel

Make an offshore ltd. Costs around 2000$ and comes with atm card and online banking. Problem solved

Not really. As soon as you bring the money back into your own country, it's taxable.

**aka123** · 07-23-2014, 03:54 AM

Originally posted by ravo

Not really. As soon as you bring the money back into your own country, it's taxable.

It's often taxable even before that, bringing the money to home just makes it easier for the law enforcement to bust some ass. Bottom line is that you really can't avoid taxes legally. It's possible to reduce paid taxes, but not to avoid.

However good use for offshore company is to use it as a investment company. The deal is that you can invest untaxed or lightly taxed money aka getting more interest. And then take some profits out and pay taxes from those as it's supposed to do. Everything is legal and you get more money. Although offshore company doesn't guarantee that your home country cannot tax you for the income your company gets, it depends.

**x-rate** · 07-23-2014, 04:45 AM

Originally posted by ravo

Not really. As soon as you bring the money back into your own country, it's taxable.

Atm card fix that issue... well a big part of it.

Someone suggested cyprus.... the bullshit there ended? Tax on deposit etc....?

**aka123** · 07-23-2014, 05:44 AM

Originally posted by x-rate

Atm card fix that issue... well a big part of it.

Maybe the getting caught part.. for a short term. Financial secrecy is crumbling down more and more everyday and soon your tax collector can print a list about your ATM withdrawals. Good luck with that.

**shake** · 07-23-2014, 07:39 AM

There are some legal ways to do it. If you look into Countries which your Country has a tax treaty with, you can get away with significantly less corporate tax. After all big companies like Apple do it. It won't be cheap or easy though.

**aka123** · 07-23-2014, 07:40 AM

Originally posted by shake

There are some legal ways to do it. If you look into Countries which your Country has a tax treaty with, you can get away with significantly less corporate tax. After all big companies like Apple do it. It won't be cheap or easy though.

Yes, but he wants to use his moneys too.

Although tax treaty doesn't quarantee anything if tax folks notice that the single purpose for the offshore company is tax avoidance and it is totally shell company. For example one man company that operates from country X and has offshore company in country Y is often viewed to be just shell company and it isn't taken into account in taxation. Depends of course what is one's home country, as some countries are more strict about this than another ones.

If you have real business or at least most of the staff in the offshore country, then it is totally legit.. regarding taxation.

Bank account, where, what bank?

Bank account, where, what bank?

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