Recent content by Dandyline

Yes, it’s the lowest threshold in EU. They should get rid of audits.

+1.

Digital services are always in scope for VAT. Question is if the payment agent company or the parent company will declare the VAT.

How is the OSS-VAT resolved?

Some Casinos use UK ltd's as well. Since audits are not required in Cyprus for a turnover below 200K EUR, I guess the payment agent won't be required to be audited if the only revenue is the 3% of the processed amounts. So if the cyprus company processes for example 5 million eur per year...

One downside for both Cyprus and Malta is the audit requirements.

For 5k per month, i think Thailand is an option. Dubai, 20k per month at least.

- Bluewaters Island - Emaar Beachfront - Some buildings - Some buildings on the Palm / Some Villas on the palm (Villas rent from 50-70k/month though) - City Walk - Some Address buildings - Opera/Sky View

There aren't that many options out there. Dubai is pretty superior, but the overpriced rents are pretty annoying. Only a few areas are worth living in. Bangkok might be good as well, offering very high value for money in terms of housing. You could get a large apartment in the Four Seasons...

So the nominee is registered as UBO as well?

Depends on the country or market, customers in some countries dispute transactions for fun. Friendly fraud is rampant. The dispute system is very outdated.

CB around 1% is not that much, its 10 disputes per 1000 transactions.

They will probably never know. As long as they don't investigate you.

If you can’t provide receipts, the IRS will likely disallow the deductions and assess back taxes, penalties, and interest. This is typically treated as a civil issue unless they find evidence of intentional fraud, such as fabricated expenses or deliberate misreporting. Without proof of intent to...

1. $1000 is nothing, forget it. 2. The U.S. doesn’t report under CRS. 3. The U.S. doesn’t report under FATCA, it only receives reports. Just invoice the LLC from a CY LTD, pay 12,5% CIT and distribute dividends tax free as a non-dom.