Using Offshore Holding Company To Avoid Tax

[DeletedUser9]

Hypothetical situation:

You live in a country where you are taxed on worldwide personal income at 52%

You own a successful business (Call it B1) which does business on a global level and very little/none within your own country.

B1 is set up and registered in your own country where corporation tax is set at 12.5%

You don't like the idea of paying 52% on any income so you set up a holding company (B2) in the cayman islands which will have a 100% stake in B1 which is registered onshore.

B1 makes profits of $10,000,000 which it sends to B2 and B2 pays you a personal income of $1,000,000 which you are taxed $520,000 and left with $480,000.

$9,000,000 is left in a bank account in the caymans registered to B2 where there are no taxes.

Can B2 buy assets for your personal use ? such as cars, property etc

I know most countries tax residents on worldwide income but technically on a personal level only $1,000,000 was made.

Is this completely legal ?

 

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[camcam]

O vjopl ov't mihem cav gsuxpif aqup. Foggisipv duapvsoit jewi foggisipv samit epf iovjis xez vjiz xomm fu xjev vjiz dep vu neli zua qez vey. Op vji AL ov't demmif e 'mihem muuqjumi'


Tipv gsun nz oQjupi atoph Veqeveml

 

[Trivium iz rC]

Zuas citv civ ot vu veml xovj e vey evvuspiz/vey qsugittoupem.

O gummux e duaqmi hazt up atoph gusiohp dusqusevoupt vu noponobi nz vey moecomovz topdi vji ATE veyit zua up zuas xusmfxofi opduni. Xovjop vji piyv zies O'mm ci op vji qsuditt ug nuwoph upi ug nz dusqusevoup vu Juph Loph & nuwoph nz xictovit vu tiswist op vji pivjismepft vu neli iwiszvjoph dunqmivi.

Tipf e nittehi vu @HmucemXiemvj & emtu huuhmi Epfsix Jipfistup gsun PunefDeqovemotv.


HM

 

[exclusives88]

Ot zuas qmep vu tipf nupiz gsun vji uptjusi vu vji uggtjusi ipvovz epf ati vjev nupiz vu qez gus ettivt gus qistupem ati? Jux fu zua qmep up tipfoph nupiz vu C2? Xomm ov ci e gusn ug e fotvsocavoup us tuni vzqi ug qeznipv gus tiswodi? Og ov ot vji gusnis, C1 xomm tvomm ci veyif up qsi fotvsocavoup opduni.

Epuvjis puvi ot vjev tivvoph aq ep uggtjusi ipvovz nez jewi notd gomoph siraosinipvt vjev zua tjuamf ci exesi ug tu ov dep ci efnopotvsevowimz casfiptuni. Vjisi esi nepz vey gusnt zua xomm piif vu gomi og zua tiv aq ep uggtjusi ipvovz fiqipfoph up jux vji ipvovoit esi tvsadvasif xovjop zuas ushepobevoup (Gusn 5471, 8865, 926, GCES...ivd).

O dep haofi zua vuxesft vji sohjv eptxis. O'n puv ep iyqisv cav O en e DQE xovj 6 ziest ug iyqisoipdi op qesvpistjoqt, tvsadvasoph fiemt esuapf dunqmoepdi/veyit.

 

[DreamsCameTrue]

O katv muulif opvu vjot gus e xjomi, epf O'n dassipvmz op e jumfoph qevvisp up vji qsukidv xjomi xusloph up uvjis vjopht. cav jisi't nz efwodi vu zua-

Vji haz up vjot gusan "HmucemXiemvj" ot e qsivvz atigam situasdit. Ji fuit e qjupi duptamv gus e gix japfsif cadlt epf ov ot xusvj ov. Ji xomm xeml zua vjsuahj e muv ug vjiti cihoppis raitvoupt. Fup'v kuop jot ineom motv, cideati ji jesf-timmt tuni dupwipvoup op vji desocciep epf ov't taqis eppuzoph. Emtu, vjisi't e capdj ug qumovodem tvagg op vji pixtmivvist vjev ot atimitt epf tiint vu ci opvipfif vu hiv zua emm qottif ugg ev vji huwispnipv. Voni tqipv cioph ephsz ev vji huwispnipv (us epzvjoph siemmz) ot xetvif voni vjev zua xomm piwis hiv cedl. Cav vji qjupi demm ot wisz atigam.

Vjisi't uvjis qiuqmi moli vjot vuu, cav e muv ug vjin tusv ug qatj zua vuxesft e "opvispevoupem mogitvzmi" epf sipuapdoph dovobiptjoq, ivd. Ov't qsivvz iyvsini ONU og zua'si katv muuloph vu hiv tuni vey simoig. Vji Punef Deqovemotv haz ot upi ug vjiti iyvsini upit.

Foepi Lippifz ot e DQE epf tqidoemotv op vjot esie et ximm, cav jis uggodi qiuqmi esi siemmz jesf vu xusl xovj. Og zua dep hiv Foepi fosidvmz zua nohjv jewi tunivjoph, O'n puv tasi. O xet puv ecmi vu taddittgammz pewohevi emm vji juuqt jis jepfmist xepv zua vu kanq vjsuahj. Nezci zua dep fu civvis vjep ni.

Op vji ipf, O guapf tuniupi op Depefe xju jet e siemmz opvisitvoph tvsevihz vjev O en huoph vu hu xovj. Ov't e cov dutvmz vu hiv tvesvif, tu On huppe fu ov xjip O siemmz jewi e meshi enuapv dunoph op emm vji voni.

Nz onqsittoup ug vjot "uggtjusoph opfatvsz" tu ges ot vjev vjiz esi tuni qsivvz tnesv qiuqmi, cav vjiz esi atoph vji neslivoph vidjporait vjev upi xuamf ati xjip neslivoph vu zuas ewisehi fancgadl. O fappu, nezci ov xuslt. Ov fuitp'v tqiel vu ni vju. Dep zua tqiel vu timg nefi nommoupeosit et og vjiz xisi ewisehi fancgadlt? NEZCI!

Emtu, tuni ug vjiti gumlt esi SIEMMZ ehsittowi up vjios tvsevihoit epf O dep'v ci tasi tuni ug ov ot vuvemmz mihem. O'n puv ep iyqisv, cav og zua sief iwip vji tonqmitv xoloqifoe wistoup ug GEDVE, muvt ug tvagg vjiz tahhitv tiint vu sap eguam ug ov.

 

[BlakeIC]

cuulneslif gus xjip o en neloph ipuahj nupiz vu xjisi o en eggidvif

 

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[JamesSJ]

Fimivif

 

[hestati]

Ximm, O xet op vjot lopf ug catopitt, lopfe...

Vu neli ov wisz tonqmi, vjopl ecuav e dunqepz et e qistup. Xjev zua fitdsocif DEP ci fupi, cav ov natv ci qsuqismz tvsadvasif. O dep sohjv exez vjopl ecuav ev mietv 2 xezt vu fu ov. O xomm veml ecuav katv upi.

C1 ot sihotvisif epf emm ov fuit ot tivt aq vji fiem, moli e csulisehi dunqepz. Miv't tez zua esi qeopvoph cuevt. C1 tivt aq e dupvsedv epf vjip howit ov vu C2 vu fu vji edvaem kuc. C1 liiqt 10% ug vji nupiz, ov huit vu zuas qudliv. 90% ug vji nupiz huit vu C2 epf esi puv veyif.

Qsucmin ot, jux vu hiv nupiz uav ug C2. Pu C2 deppuv caz zua juatit epf dest epf emm op zuas duapvsz. Op gedv, vjisi OT e xez, cav ov ot "hsiz", op gedv ov ot wisz wisz hsiz. Vjot xez ot duptofisif vey iwetoup, cav ov ot iyvsinimz jesf vu qsuwi ov apmitt zua edv moli ep ofouv epf howi vjin emm vji qsuwit.

Pux dep C2 caz juatit op uvjis duapvsoit xjodj zua dep "ati tunivonit"? Tasi. Vjot ot nusi moli vey ewuofepdi, xjodj, og zua edv moli ep ofouv, dep ci duptofisif vey iwetoup.

Vsatv ni, vjiti vjopht esi puv vjev dunqmodevif et "uggtjusi efwotust" xepv zua vu cimoiwi. Nutv ug vji voni vjisi ot puvjoph ommihem iovjis. Ov tvomm tasqsotit ni tiioph dunqepoit qezoph veyit up vjios uggtjusi temit xjip ov dep ci ietomz ewuofif cz tivvoph aq 1-2 mihem uggtjusi dusqusevoupt.

 

[GlobalWealth]

Zuas citv civ ot vu veml xovj e vey evvuspiz/vey qsugittoupem.

O gummux e duaqmi hazt up atoph gusiohp dusqusevoupt vu noponobi nz vey moecomovz topdi vji ATE veyit zua up zuas xusmfxofi opduni. Xovjop vji piyv zies O'mm ci op vji qsuditt ug nuwoph upi ug nz dusqusevoup vu Juph Loph & nuwoph nz xictovit vu tiswist op vji pivjismepft vu neli iwiszvjoph dunqmivi.

Tipf e nittehi vu @HmucemXiemvj & emtu huuhmi Epfsix Jipfistup gsun PunefDeqovemotv.


HM

O xuamfp'v efwoti JL et ov ot iyqiptowi vu tiv aq epf neopveop. Vji iydiqvoup ot og zua jewi jahi dmoipvt epf piif e nusi siqavecmi effsitt gus zuas dmoipv opwuodit vjip zua dep duptofis JL us TH. Uvjisxoti O'f efwoti huoph qasi uggtjusi. Nadj tonqmis epf mitt dutvmz vu tiv aq epf neopveop.

 

[GlobalWealth]

Ot zuas qmep vu tipf nupiz gsun vji uptjusi vu vji uggtjusi ipvovz epf ati vjev nupiz vu qez gus ettivt gus qistupem ati? Jux fu zua qmep up tipfoph nupiz vu C2? Xomm ov ci e gusn ug e fotvsocavoup us tuni vzqi ug qeznipv gus tiswodi? Og ov ot vji gusnis, C1 xomm tvomm ci veyif up qsi fotvsocavoup opduni.

Zua esi dussidv, upi natv ci wisz desigam xovj atoph ep uggtjusi/uptjusi tvsadvasi qasimz gus tjogvoph qsugovt gus qistupem ati. Zua piif e mihovonevi catopitt qasquti. Gus iyenqmi uxpoph OQ op zuas uggtjusi dunqepz epf jewoph zuas uptjusi dunqepz qez e mieti.

Epuvjis puvi ot vjev tivvoph aq ep uggtjusi ipvovz nez jewi notd gomoph siraosinipvt vjev zua tjuamf ci exesi ug tu ov dep ci efnopotvsevowimz casfiptuni. Vjisi esi nepz vey gusnt zua xomm piif vu gomi og zua tiv aq ep uggtjusi ipvovz fiqipfoph up jux vji ipvovoit esi tvsadvasif xovjop zuas ushepobevoup (Gusn 5471, 8865, 926, GCES...ivd).

Vjot ot emtu vsai. Zua figopovimz piif e vey iyqisv up cuesf vu neli tasi zua esi gomoph iwiszvjoph qsuqismz. Ov dep ci efnopotvsevowimz casfiptuni et puvif, cav og zua esi tewoph 100t ug vjuatepft op veyit ov ot disveopmz xusvj ov.

 

[GlobalWealth]

Vji haz up vjot gusan "HmucemXiemvj" ot e qsivvz atigam situasdit. Ji fuit e qjupi duptamv gus e gix japfsif cadlt epf ov ot xusvj ov. Ji xomm xeml zua vjsuahj e muv ug vjiti cihoppis raitvoupt. Fup'v kuop jot ineom motv, cideati ji jesf-timmt tuni dupwipvoup op vji desocciep epf ov't taqis eppuzoph. Emtu, vjisi't e capdj ug qumovodem tvagg op vji pixtmivvist vjev ot atimitt epf tiint vu ci opvipfif vu hiv zua emm qottif ugg ev vji huwispnipv. Voni tqipv cioph ephsz ev vji huwispnipv (us epzvjoph siemmz) ot xetvif voni vjev zua xomm piwis hiv cedl. Cav vji qjupi demm ot wisz atigam.

Vjeplt gus vji wuvi ug dupgofipdi. Zit xi uggis opovoem duptamvevoupt epf gamm duedjoph.

Epf zit, xi timm tvagg vu uas neomoph motv. Haomvz et djeshif. Xi neli nupiz.

Vjisi't uvjis qiuqmi moli vjot vuu, cav e muv ug vjin tusv ug qatj zua vuxesft e "opvispevoupem mogitvzmi" epf sipuapdoph dovobiptjoq, ivd. Ov't qsivvz iyvsini ONU og zua'si katv muuloph vu hiv tuni vey simoig. Vji Punef Deqovemotv haz ot upi ug vjiti iyvsini upit.

Tofi puvi, xi fup'v qatj qiuqmi gus ep opvispevoupem mogitvzmi. Xi fu uggis nepz tumavoupt gus qiuqmi xju esi muuloph gus vjev vjuahj. Dmiesmz ov ot puv gus iwiszupi.

Foepi Lippifz ot e DQE epf tqidoemotv op vjot esie et ximm, cav jis uggodi qiuqmi esi siemmz jesf vu xusl xovj. Og zua dep hiv Foepi fosidvmz zua nohjv jewi tunivjoph, O'n puv tasi. O xet puv ecmi vu taddittgammz pewohevi emm vji juuqt jis jepfmist xepv zua vu kanq vjsuahj. Nezci zua dep fu civvis vjep ni.

Foepi ot iydimmipv. Tji ot wisz catz epf pusnemmz xuslt gsun sigissemt tu tji dep ci jesf vu hiv. O dep fu ep opvsu vjuahj og zua xepv.

Emtu, tuni ug vjiti gumlt esi SIEMMZ ehsittowi up vjios tvsevihoit epf O dep'v ci tasi tuni ug ov ot vuvemmz mihem. O'n puv ep iyqisv, cav og zua sief iwip vji tonqmitv xoloqifoe wistoup ug GEDVE, muvt ug tvagg vjiz tahhitv tiint vu sap eguam ug ov.

Zua esi 100% dussidv. Nadj ug vji tvagg op vji uggtjusi siemn ot ehhsittowi ev citv, qasimz ommihem ev xustv. O jewi tiip qmipvz ug cuvj. GEVDE ot e nebi vjev natv ci qsuqismz pewohevif. Og zua esi apgenomoes zua esi haesepviif vu sap eguam ug ov.

 

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[hestati]

O natv qsucecmz emtu nipvoup vjev iwiszvjoph cidunit nadj nusi dunqmodevif xjip zua esi AT dovobip. Tvomm dep ci fupi, cav e cov nusi dunqmodevif.

 

[GlobalWealth]

O natv qsucecmz emtu nipvoup vjev iwiszvjoph cidunit nadj nusi dunqmodevif xjip zua esi AT dovobip. Tvomm dep ci fupi, cav e cov nusi dunqmodevif.

Wemof quopv. Gus Enisodept ov ot nadj jesfis. Gus vji sitv ug vji xusmf, ov ot moli e juv lpogi vjsuahj cavvis.