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tax

  1. K

    US taxation for foreigners who own an LLC and that LLC owns a German GmbH (German equivalent LLC)

    Hello, I have a question about setting up an LLC and its tax obligations in the United States. I am a citizen of Germany. As a German citizen, I want to establish an LLC in Wyoming. This LLC would then become the 100% owner of the German GmbH (equivalent to LLC). All the income of this GmbH...
  2. LondonOTC

    UK Non-Dom status

    I'm originally from Switzerland but moved to UK before brexit deal to keep the residence status and doing some business. My question is what I should do to keep my Swiss tax status without thiggering the UK and remain here for more than 183 whille enjoying the non-dom tax status. I'm the manager...
  3. Martin Everson

    UK Tax Experts Considering introducing Wealth Tax On the Rich

    https://www.bbc.com/news/amp/business-55236851 Is UK turning into Spain? i.e introducing a temporary wealth tax that then becomes permanent ns2. More details are needed on this idea but them saying non-doms will pay needs to be explained further i.e will it be on their local assets or global...
  4. pesto

    how to reduce taxable income ?

    We always hear a whole lot about how easy it is to hide in a tax haven and how people in for decades have cheated in taxes, VAT and other taxes. They are less than 5 years ago who could register a company online in Cyprus, Seychelles, Belize or Panama, you could use your own papers or nominees...
  5. G

    Cash out via Online Gambling tax free

    Hey guys, did not find anything via the search option. Good old "mafia style" question...: As payouts/cashouts from casinos and similar online gambling in some countries in europe are tax free or low tax - is there any way to deposit money on such online gambling sites and after to payout to...
  6. S

    Taxes, presentations and annual costs for an LLC in New Mexico by a foreign no resident

    Good morning, to the community, I hope those who already have experience clarify this issue, I have created an LLC in New Mexico as a non-resident foreigner, and I want to know when to make tax presentations, and what taxes I would have to pay, my activity is The sale of digital services in the...
  7. S

    Suppliers from Italy - Customers in Europe - Is it possible to set up the business in Singapore?

    Hi everyone, I will be launching my e-commerce business soon. It's basically like a marketplace of Italian products (including food). Customers will be mainly in Italy and other parts of EU We also plan to offer our products globally (once we find the right logistics company) My dilemma: My...
  8. B

    UK Taxes + VAT for Ecommerce Business

    First of all, you guys are awesome! Thank you for the invaluable gems scattered around here. I am conducting ecommerce in the UK and I am concerned with taxes and VAT. The tax rates are so high I am considering other options (I.e. an offshore company or relocating etc) 1. What will be the...
  9. R

    uk remittance basis

    Hi, I would be happy if anyone could help with this tax question. I am resident but non-domiciled in the UK. By the remmitance rule, I am taxed on foreign investment income only up to the amount that I send back to the UK. I would like to understand if this sequence I have i mind is feasible...
  10. N

    Non Us Freelancer taxation?

    Hello guys, i have read that if you don't have a us legal entity and you make money out of freelanxing sites like upwork/ fiverr those platforms are entitled to retaining 30% of your income for tax purposes. I don't want that s**t ... What is the best structure to have as a non-us freelancer if...
  11. A

    Invoicing for myself?

    Hi all, first sorry, but my English is not perfect, because this isn't my main language. (Main: Hungarian) So, I'm a local software key seller, currently I not reported my business in anywhere and do this without a company, so I don't give invoice to my customers. In the future, I want to...
  12. 12point

    I am planning to open individual offshore bank account about Capital Gain Tax.

    Hello, I'm just new here, I am a forex trader and I usually make huge profits but my concern is Capital Gain Tax in Australia. I am currently living in Australia(but I'm not Aussie) and I have a commonwealth bank of Australia account. If I withdraw my profits from the Fx broker account to my...
  13. B

    Money transfer between individuals

    I'm an EEA citizen living in SE Asia. A friend of mine is living in my house in my home town, I have my tax residence there. I pay online all the bills on my own name. He transfers me about 6000 EUR all inclusive every 6 months, we have no contract to avoid taxation. Until now we've been using...
  14. T

    Paysera, Revolut, TransferWise and tax

    Hello, I am EU citizen and I'm starting some affiliate marketing job in order to generate some side income. I have my regular job so I don't want to receive payouts from my side job on my regular bank account because of the taxes. I own Paysera, Revolut and TransferWise accounts and my question...
  15. D

    Strategies for living in the EU near tax-free with low profile

    Thinking about ways of living in the EU with a low profile and getting benefit of the 183 days rule in order to avoid tax residency status. Let's put a concrete example of one possible strategy: Bob is a citizen of a high-tax large EU country (A). He moved to another EU country (B) for job...
  16. icedee

    How to collect forex profits and not have to pay taxes or just a minimum tax?

    I trade forex and I would like to find a legal way to collect profits and pay very little or no taxes. So far I have been thinking about establishing a company in Panama and use 2checkout. It's real. Please advise a working method. Thank you (I am an EU - Czech Republic citizen. In my country...
  17. kurosaki4d

    Does Payoneer reports to OECD ?

    Hello guys, I've been working online for a while now, and things have been good and i've always kept my money on Payoneer / Paypal but i never transfer them to my local bank account, i only withdraw with my master card small amount of money from ATMs. That been said, there is this new...
  18. Kodde

    How to work with freelancers legally and show such transactions as expenses?

    Hello, a have a company that works as a freelance marketplace connecting customers and freelancers. The company registered in Estonia, corporate bank account opened in Paysera. I can successfully accept payments from customers, but how to make payments from Paysera corporate bank account to...
  19. Juoffshore

    Living In Portugal and being a director of UK/Maltese companies

    Hi Everyone, I need some advices for one of my customers who own E-commerce websites. He holds a European passport and got the NHR status in Portugal where he lives. He is a shareholder of a UK company as well as Maltese company. Companies have offices, Staff and enough substance as well...
  20. O

    Belize IBC + St Lucia bank account + residency in the Bahamas

    Hello, I am happy to join this community after so many hours reading the content of this forum. I think I am pretty much ready to start writing the offshore chapter of my business story but I would like to have more experienced people's feedback or point of view in case I have missed anything...