Recent content by 12345

Yes i understand that physical sales agent = PE I am talking about completely different case No sales agent and no presense in the US Revenue from US customers is around 50% of total revenue of the company selling saas. Would it be liable for income tax in the us?

I read the tax treaty but this matter is not clarified I have one additional question. if there is european company that has around 50% of its customers from the us, is it liable for any income tax in the us ? Its saas developed in Europe. No employees, no PE, no presence in the US.

I just called IRS and they confirmed that in the case of hiring an american sales agent the income would be considered as Effectively Connected Income. 40 wait time on the phone but I got the information needed smi(&%

Hello, let's say an european company is selling Saas in USA and they hire american sales agent (B2B) to boost sales. Is it enough to trigger Effectively connected income and be liable for taxes in the US ? The company is selling SAAS in many different countries, not just the US Is hiring one...

Okay, thanks, I see, it seems risky indeed and like a bad idea. I did not know that CRS is based on residency, So you would need to get an address in the Caribbean country and basically lie to the bank that you reside there. So getting a rent or owning a property in the caribbean would be an...

So can I get Caribbean citizenship and open a bank account with it CRS will be reported to the caribbean country where there is often no income tax at all Home country will not be able to find out. I assume it's tax evasion ? How risky is it though, sounds like a good plan especially if someones...

Just my 2 cents Company was founded on 13.10.2023 Aleja "Solidarności" 117 / 207, 00-140 Warszawa, Poland - this is a virtual office which can be googled Shareholders of Gem Crypto Sp. z o.o. are Mohamed Galal Salem Elsamkri - citizen of Egypt, resident in United Arab Emirates Mahmoud Mohamed...

Is it difficult to get decent bank account for SG company?

what do you mean? It's simple. No tax to be paid in the US if there is no pernament establishment there, that's how tax treaties between us and most countries look like

Maybe go with USA LLC? Easy to open a bank account, cheap to maintain, no need to pay taxes in the US unless there is PE

I heard that google pixel smartphone with graphene os software is good for privacy

some people just do tax evasion or crimes using these companies. You pay taxes based on where you live It is also used for profit shifting by companies however to do it you usually need to hire good lawyers, create substance in these tax havens by renting office and hiring staff so it's...

No legal option to reduce your tax liabilities unless you move out of Austria

no, fortunately

You could find somebody on fiverr that could do the accounting for you at 300-400usd monthly but I don't know if these people from India or Pakistan are reliable