Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Foreign Policy Discussion Thread -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (9684)	4/28/2010 1:48:50 PM
From: average joe	Respond to of 15994

You don´t have to renounce citizenship to avoid taxes. Notice I said avoid and not evade. The well heeled have always have had way to finagle around taxation laws especially when it comes to inheritance tax. I know a Canadian company head quartered in the Bahamas extra- jurisdictionaly with a subsidiary in Mexico where it conducts 100% of it´s operations to avoid both legal wrangles and minimize taxes. It is all legal and above board. There is no way this company could be competitive without doing this. As far as reporting requirements go it is fully reporting and publicly traded.