tax advice

Hi everyone. Do you know how prevalent is spontaneous exchange of information between the countries? Let's say you move permanently to the UK, become tax resident there and start paying taxes for your business/trading activity in the UK. Would the tax officer question whether or not you paid...

Hello (again) I'm currently updating the tax information in my Google Play Developer account and have encountered some confusion regarding the appropriate form to submit: W‑8BEN‑E or W‑8IMY. Background: Entity Type: UK Limited Liability Partnership (LLP). Residency: Georgia. Considerations...

Hello! Can a UK tax resident (who's also a bona-fide UK resident, with life and fulltime employment established in the UK) justify opening a company elsewhere for the purpose of having a mobile app business, publishing on Google Play and Apple App Store? The work that goes into the company...

I moved to Italy in 2021 and got into the Impatriati regime (90% tax exemption). I got an accountant, and ever since pay him €4000 per year. In 2021 he opened a Ditta Individuale for my online business. He said that for the invoices, if my clients were not from Italy, I could issue PDF...

Hello guys. I have searched a lot in the forum but I didn't find anything conclusive in those posts. After doing some investment in setting up companies in USA (New Mexico), Estonia and Cyprus I want to be able to be covered if I have to reply to tax authorities if I am required. I am currently...

I have a client in Ireland and I invoice this client through a UK LLP (I might invoice other clients in other countries too). I incorporated there because the client only wanted invoices from an European company. A UK LLP is pass-through and if the members do not reside in the UK, the LLP is not...

Good morning everyone, I think many will find this question interesting. I saw a viral TikTok video about a company offering Cyprus trusts as a solution for Europeans. Here’s the idea: 1. Open a trust in Cyprus with a Cypriot lawyer as the trustee. 2. Sell your intellectual property to the...

Hey everybody, I'd really appreciate any advice/help! Here is my situation: - I am a citizen of an EU country - I live in another EU country - I have an accountant - I receive payments from affiliate networks for my website via PayPal, and bank transfers - I also receive payments from crypto...

I recently got rejected a Tax ID Number (TIN) from the Revenue Department in Thailand, after staying more than 6 months last year in Thailand. They said that I must have a "long term" visa, and that neither the education visa that I have, nor an Elite visa, are valid to be a tax resident in...

Hello Forum, Last year, I embarked on a new journey as a consultant. Previously, I had worked in the UK and left about two years ago. As an EU national, I hold pre-settled status in the UK and possess a Tax ID there. When I took on my consulting role, I decided to register as a sole trader in...

Hello everyone, I’m looking to cash out crypto in Germany, after holding for more than 1 year. I’d like to pay 0% taxes. About me: ***Private EU citizen, I have a friend who owns a house in Germany (he is not German, but he's a EU citizen). Can I receive tax residence if I rent my friend's...

Dear Offshorecoroptalk members, Will appreciate your opinions and advises regarding optimization of Czech registered s.r.o. trading company. The main objective is to continue operations of this legal entity, but how to optimize the deals and shareholders structure to avoid extra profit...

Hello, I am posting here since I know you guys are the best in the field! Here is my situation: - 15 years of business consulting experience - IT citizen - Living in CZ and paying taxes here (as well as my healthcare) - I go back and forward between CZ and DE for personal reasons I am...

Hi all, What would you do in this situation: Professional works for a foreign financial institution and makes salary plus comissions both paid in crypto. At the time the professional was living in a fiscal hell country and don't declare all the income with the idea of moving to most suitable...

Hello, I am trying to optimise my business and reduce the tax burden as much as possible. Your help would be most appreciated. My company is registered in the UK and I have a UK residence. My company is selling online services and digital products and it's trading for just shy of £85,000 a...

Hi guys, I have an Estonian company and it finished its operations and however it has 1.5M Euros in its account. How can I move this amount without paying CIT etc.? The company has 2 shareholders., both are non-resident natural person. So if we pay this amount as dividends, 25% tax cut will...

Hi everyone Recently I have moved from my home country EU to Thailand. So my question is should I change my residency in the broker IBRK? I have changed my residency in my home country and also communicate it to the TAX Agency. Basically, if I don't live there I don't need to pay taxes, but I...

Hello everyone, I would love to get you guys opinion on my case: - I live in Sweden where my family is and where we bought our home. According to Swedish tax law, that makes me a tax resident of Sweden no matter where I go into the world. - I am planning to spend less than 6 months in Sweden...

Hi! To keep it short, I’m Thai, my partner is EU, we are making $5k+ on OF a month but expect to grow it a lot more in the coming months due to hiring an agency. We would like to go back to Thailand for a year or two where SW isn’t exactly legal so we would like to receive the income and pay tax...

Hi there guys, I am new here, as I just discovered this forum while searching for answers online regarding Crypto Taxes and LLC. Not much info on the internet, to be honest. I do have a French passport, I am a resident in the Philippines (territorial tax system) and I have an LLC in Wyoming...