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Oh yeah I forgot you Texas guys have a worse accent than we Alabamian's do
and that's pretty bad. Plus all of you think Texas is a country and the
best and biggest in the world so Mark you ain't never going to leave Texas
noway regardless of the tax savings......LOL
Robert
At 12:04 PM 6/17/1999 -0500, Robert Cummings wrote:
>With an Offshore Corporation the Corp would pay no US or Aussie tax. The
>investors would have a foreign tax liability if they receive any income
>from the Corp or realized capital gains while living in the US. You on the
>other hand if you stayed there for two years would pay no tax from a salary
>you paid yourself from the Corp. After a longer term it of residency it
>changes to a question of citizenship term of stay in either countries
>during a calender year.
>Of course the usual deal I really don't know ask a real Offshore tax guy. I
>would suggest talking to the VP's of an excising Offshore Corp to get
>references to whom that may be. Plus the IRS watches these very carefully
>and you need to be sure your on firm ground before attempting this kind of
>scrutiny.
>
>Robert
>
>
>At 11:26 AM 6/17/1999 -0500, Mark Brown wrote:
>> > Mark you could move down their with the kangaroo's and save big money on
>>taxes. Climate similar to Texas and it's been heard the bushmen hate
>>Omega.:) My boomerang wont come back my boomerang wont come back, ole tune.
>>>
>>> Robert
>>
>>Yea, I would even sort of sound like them too! Wondering about those taxes
>>myself? I heard it was a real nice place and that their high tech
>>development is on the move. Especially software, however they suffer
>>presently with only one underwater path to the world via internet. They are
>>sort of on an island as you may have noticed. Now if they could ever get
>>satellite internet feed over there I may be gone.
>>
>>ps how much did you say I could save on taxes? talk about being offshore!
>>
>>Mark
>>
>>
>
>
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