I keep reading here and there about opportunities to run an online business very very tax efficiently legally, generating international sales and keeping the cash abroad, using various offshore banking, web hosting etc...
Can anyone chime in here on this? any good resources/forums you have found on this subject?
I just read about google's effective tax rate is 2.4% avoiding over $60 billion in taxes which could be worth at least a $100 in their share price. It is reported that facebook is setting up a similar structure.
How Google's Refusal To Pay US Taxes Means US Taxpayers Fund Its Innovation, Resulting In A Benefit Of $100/Share | zero hedge
Google 2.4% Rate Shows How $60 Billion Lost to Tax Loopholes - Bloomberg
Are the same loop holes available for the small guy? Or just for politically connected with bigtime legal/financial advisors?
Can anyone chime in here on this? any good resources/forums you have found on this subject?
I just read about google's effective tax rate is 2.4% avoiding over $60 billion in taxes which could be worth at least a $100 in their share price. It is reported that facebook is setting up a similar structure.
How Google's Refusal To Pay US Taxes Means US Taxpayers Fund Its Innovation, Resulting In A Benefit Of $100/Share | zero hedge
Google 2.4% Rate Shows How $60 Billion Lost to Tax Loopholes - Bloomberg
Are the same loop holes available for the small guy? Or just for politically connected with bigtime legal/financial advisors?
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