Expat Taxes
- Offshore Tax Information - Foreign Earned Income
Paying
Taxes Overseas - - Or, Not Paying Taxes Overseas - Page Two |
|
| Five
Legal Ways You Can Save Taxes Offshore - Five Legal Ways You Can Save Taxes
Offshore |
| - No adverse
tax consequences. There are no tax consequences of transferring property
into a revocable trust such as the Illinois land trust. Since you as the
grantor maintain control over the property in trust, you are considered
the owner for tax purposes. From the best if the Sovereign Society Newsletter.
Article By Mark Nestmann - 05-Apr-04 |
|
| Zero
Taxes for Expats |
| - The
Foreign Earned Income Exclusion coupled with Offshore eCommerce equals
tax free living abroad. "There is another way to make more than $80,000
net and still reduce our taxes to zero. By using offshore eCommerce coupled
with a Panamanian International Business Corporation (IBC,) we can make
any amount of money into the IBC and still keep our tax basis at zero.
If we purchase our house in the name of the IBC, we can rent the house
to ourselves, thereby increasing our tax exclusion by the amount of the
rent, which is paid back into our own IBC bank account. Note that this
modality is best used when you earn more than $80,000 net and cannot move
the additional income into your IBC. The IBC acts as a buffer in this case
by reducing the taxes on the amount of income that exceeds the... - 05-Apr-04 |
|
|
|
|
|
| Offshore
Web Hosting An Introduction - Offshore Web Hosting An Introduction |
| - What it
is, how to use, why you want to. The art of preventing Taxation Before
It Happens, Rather Than Hiding It After It's Levied By Rolf Müller
- 05-Apr-04 |
|
| Expat
Exclusion Eliminated |
| - The
exclusion rule may be over for all expats with U.S. citizenship. If you
are an expat you may end up paying not only local taxes in the country
you reside in, but you might also have to pay Uncle Sam something. That
could mean two-thirds of your income will go to taxes. And where does all
that tax money go. - 27-May-03 |
|
| Want
to Really "Escape"? Start Your Own Tax Free Small Business |
| - Start
Your Own Tax Free Small Business - by John Schroder - If it is going to
be said that the location of our web site or server is a factor, let us
then 'host' our web page or server in a location that could either care
less, or offers a tax-free status by law. Placing your web site on a server
located in one of the tax free zones in the Dominican Republic would be
one idea. If the argument is that you may have a tax liability based upon
where your "office" is located, then place your office inside one of the
tax-free zones as well. - 27-Aug-03 |
|
| Foreign
Assignment: What About Taxes |
| - Are you
worried about whether or not you will need to pay both foreign taxes and
taxes in your native country? Steven Kang gives U.S. expatriates some ideas
about how to save money by counting your foreign taxes on your U.S. tax
return. This could save you money and allow you to travel around and see
more of your new home. - 10-Jan-03 |
|
| Mountain-Ringed
Andorra In The Heart Of The Pyrenees |
| - ...you
may come to escape taxation, but you’ll stay to enjoy the dramatically
beautiful landscapes and remarkably hospitable people. "High on most foreigners’
lists of reasons for living in Andorra is the total absence of serious
taxes. No income, no capital gains, no inheritance taxes. Not even a sales
or value-added tax." by Peter Dunkley From The Best of International Living
Magazine - 10-Jan-03 |
|
| Foreign
Assignment: What About Taxes |
| - Are you
worried about whether or not you will need to pay both foreign taxes and
taxes in your native country? Steven Kang gives U.S. expatriates some ideas
about how to save money by counting your foreign taxes on your U.S. tax
return. This could save you money and allow you to travel around and see
more of your new home. 10-Jan-03 |
|
| The
Weather Forecast Is Alarming For - Canadian Permanent Residents Living
Or Working Abroad |
| - Practical
steps that Canadian Permanent Residents should take immediately - If you
are a permanent resident and eligible to apply for Canadian citizenship,
do so without delay. However, ensure beforehand with your tax accountant
that all your previously filed tax returns for you and your spouse fully
disclose all your non-Canadian source income. - 2002 |
|
| US
Tax Information Exchange Agreement with Antigua and Barbuda |
| - On December
6, 2001, the governments of the United States and Antigua and Barbuda signed
an agreement for the exchange of information with respect to taxes. In
effect, the Antigua and Barbuda government will now serve as an enforcement
arm of the US Internal Revenue Service, applying US tax law to US citizens
with business there. The agreement will also restrict the economic growth
of that tiny island nation. Is it a blueprint for the future of tax havens
and some developing countries? - 28-Mar-02 |
|
|
|
|
|
| Tax
Saving Tips for Expats |
| - Dean
Demos has been a tax professional for over 15 years, specializing in US
Individual Taxation. Hesays, "There are 3 ways to eliminate the double
taxation of your income by your new country and the US: the Foreign Earned
Income Exclusion (FEIE), the Foreign Housing Exclusion/Deduction (Housing
exclusion) and the Foreign Tax Credit (FTC). You can use them separately
or together to get the tax savings." - 22-Mar-02 |
|
| The
Kinder and Gentler IRS - The Kinder and Gentler IRS |
| - If
you, like many Americans fled abroad to a foreign country to escape to
greener pastures and then inadvertently blundered back into the USA guilty
of not paying your U.S. taxes while you were away, then potential amnesty
or forgiveness may now be at han - 02-Jul-00 |
|
| Expat
Tax - U.S. Taxation of American's Living Abroad |
| - As a U.S.
expatriate residing abroad, you still owe U.S. taxes each year on your
worldwide income! The stories you hear from some of your fellow expatriates
sitting next to you at the bar that once you leave the U.S., you no longer
owe any taxes. That is true for citizens of some countries, but not of
the U.S. Its even against the law to give up your U.S. citizenship
in order to avoid U.S. taxes! |
|
|
