"With a Scottish limited partnership, only respective partners are assessed for taxation, with the partnership itself paying nothing. "
Does it means if me and my wife are partners of the LP , we are subjected to tax ? And my country's tax rate or Scotland's tax ?
In that case,can I use my Belize IBC as a partner so it can avoid tax ?
Anyone have experience on this ?
Tks a lot
Does it means if me and my wife are partners of the LP , we are subjected to tax ? And my country's tax rate or Scotland's tax ?
In that case,can I use my Belize IBC as a partner so it can avoid tax ?
Anyone have experience on this ?
Tks a lot