Finance

One non-negotiable for US citizens is that we are taxed on worldwide income. If you live in the US, make money overseas and bring the money back into the US, it will be subject to US tax. However, if the income is earned overseas, the business is owned by a foreign entity and the income is not brought back to the US, the income will be subject to taxes in the foreign country and not the US.

It sounds tempting. Move your business to another country and avoid US taxes. But, is it legal? Like so many other instances in tax planning, the real answer is “it depends.” What you need to consider before moving your business is revealed in Part 1 of this Expert Series.

The strongest form of international asset protection is the offshore irrevocable trust. An offshore irrevocable trust is set up by you (the settlor) to hold assets for the benefit of…

What is an offshore tax haven in 2017? Are there any tax havens left after FATCA and the OECD regulations have been adopted by banks around the world? What does…

Taxes and other deductions required from employee paychecks. Like most countries, Panama requires foreigners employed by companies or households to have a work permit issued by the Ministry of Labor...

When planning an international structure, deciding between an offshore corporation or an offshore LLC can make a world of difference. There are significant tax differences between an offshore LLC and…

After 17 years advising expats, living the life, and having been a resident in 5 countries, here’s what I think you need to know before going offshore. This article is…