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-   -   Offshore (https://gfy.com/showthread.php?t=85869)

m0rph3us 11-01-2002 02:01 AM

Offshore
 
Has anybody setup a corporation/holding co. offshore or even moved offshore in order to have less liability and tax benefits ?

Let's hear some stories...

pimplink 11-01-2002 02:06 AM

IRS is cracking down on these tax avoidance schemes. See: http://www.tax-news.com/asp/story/st...storyname=4885

Although there are LEGAL ways to do this, if done wrong you can be liable for huge $$$ [in penalty and interest].

Amputate Your Head 11-01-2002 02:10 AM

Quote:

The other top U.S. card network, Visa, was not served with a summons, and the IRS wouldn't comment on the reason.
makes you wonder who's in who's bed...

on another note:

Quote:

Your biggest mission in life, if you're involved in money laundering or hiding income, is being able to use your ill-gotten gains.
'Ill gotten gains'??? Excuse me..... it is MY money isn't it? Fucking self rightous IRS.... what a fucking attitude.... did THEY work for it? I don't fucking think so. If anything, the money they get is 'ill-gotten'.

fucking bastards.

Kris 11-01-2002 02:16 AM

i love it... every time someone asks about offshore, automatically it's illegal. there are ways to do everything legally... you can get tax benefits as well as privacy perks. there are a million ways to do it. yes, some are illegal, most aren't. if you want any help, let me know, been there, done that ;)

Kris 11-01-2002 02:18 AM

off subject, but do you guys write off your vegas losses in jan?? no, it's not illegal...

Amputate Your Head 11-01-2002 02:19 AM

Quote:

Originally posted by Kris
off subject, but do you guys write off your vegas losses in jan?? no, it's not illegal...
if they're not, they should be.

(writing them off I mean... not be illegal)

Pornwolf 11-01-2002 02:39 AM

I didn't know about that one. Sounds like a reason to do waaay more biz in the casinos.


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