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Guy Tann wrote:
> .........
>
> That's why some futures traders have set up off shore and then only pay
> taxes when they bring the funds back into this country as income. Haven't
> done this myself yet, but have looked at it. With the internet, this is
> getting easier and easier, IMHO.
Hmm... in August 17, 1998 Business Week issue the article titled "Offshore
Squall at PaineWebber" maintains that all U.S. citizens should pay the income
tax regardless of where they earn the income. So, a scheme with offshore
trading is legally a fraud, it says
Cheers, Vitaly
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