Invest Offshore

Tag: IRS

  • PFIC Problem for Americans with Offshore Investments

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    Aaron
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    WARNING: U.S. Persons who Purchased a Retirement Plan, Savings Plan issued from the Isle of Man, Dublin, Guernsey or U.K. Life Insurance Company are holding a British Style Life Policy (lump sum or savings plan) which requires annual reporting as a PFIC and suffers annual taxes on the growth of 36.9% and huge annual penalties…

  • Tax Mitigation vs. Tax Evasion

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    Aaron
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    Most of the bad word of mouth associated with offshore investment, tax havens and the like involves an interchange of the phrases ‘tax mitigation’ and ‘tax evasion’. As the focus of tax law in the United States and elsewhere turns to tightening a grip on ‘lost’ revenue from offshore investment holders (a seemingly punitive series…

  • Beginners Introduction to Offshore Investment

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    Aaron
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    The entertainment and news media paint a dark and shady picture of offshore investing but this is far from a normal occurrence.  Most offshore investments are perfectly legal and may offer advantages over national investment.  The simplicity of the term tells you that offshore investing takes place away from your country of residence.  The purpose…

  • TaxMasters: How to Avoid Being Audited by the IRS

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    Aaron
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    Patrick Cox, CEO of TaxMasters, Gives Tips on Some Common Taxpayer Mistakes That Can Lead to IRS Audits HOUSTON, Feb. 10, 2011 /PRNewswire/ — As we enter yet another tax season, many individual taxpayers and small business owners share fears about being audited by the IRS, often fueled by misconceptions concerning the audit process and…

  • Asset Protection

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    Aaron
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    It’s a US Treasury, IRS and FATCA approved path which has been created to open an offshore account which has unlimited rights to global investment choices. Your US Trustee maintains your reporting and US Tax Compliance. There is no need for you to report to the IRS as the Trustee reports annually on your behalf…

  • Tax-Haven Changes Proposed

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    Aaron
    in

    ”This is not a small correction to the existing Tax-Haven regulations,” says one international tax lawyer. Federal regulators are proposing new rules aimed at curbing efforts by multinational businesses to shift income to low-tax jurisdictions overseas, according to reports. The proposal focuses on how high-tech, pharmaceutical, and other companies value intangible assets such as research…

  • Wealthy Taxpayers Feeling the Pressure from IRS

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    Aaron
    in

    AccountingWEB.com – The Internal Revenue Service is targeting wealthy executives and entrepreneurs to ferret out would-be tax dodgers. The IRS has not focused on individual tax returns of the well-to-do for years, the Wall Street Journal reported, but is becoming more aggressive after studying the results of a 2003 pilot program covering 24 big companies,…