Whether the sales agent is a dependent agent i.e. solely working for you, should have an effect. However consult with a US tax professional for this for an accurate deeback
If the person suing you is aware of the asset, he will go after your shares. So no real protection, other than potentially giving him a harder time by placing a US LLC on top.
Maybe lets start breaking down your requirements and develop a discussion here on what its needed and people who have something to contrinute can do so here. Does this makes sense to you?
In your friends' case he should run his business through a limited liability company. Essentially this restricts any claim to be brought only against the company and its assets. Historically this was the primary reason for the creation of the limited liability company.
Hey,
I am not implying anything about needing the services of that cyprus international tax idiot lawyer. I m approaching the matter as a student myself and all i am saying is that there are certain basics which if understood well can really make a difference both in simple cases as well as in...
I don't agree with this approach if your intention is to be really good at it. I think that clearly understanding the general principles of international taxation is of primary importance to understanding how things work.
Nowadays, the Cyprus non tax resident company requires additional steps to be achieved, including demonstrating tax residency through management and control abroad. The question is what documents can be produced by Maltese authorities as to the tax residency of the company in Malta and whether...
Try Roy Rohatgi's books.
Or take the ADIT , a professional diploma on advanced international taxation offerred by the chartered Institute of taxation in the UK
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