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Not sure why this is downvoted - this is the reality in most tax laws worldwide. https://en.wikipedia.org/wiki/Controlled_foreign_corporation https://en.wikipe
by sebst 5y ago
Not sure why this is downvoted - this is the reality in most tax laws worldwide.
https://en.wikipedia.org/wiki/Controlled_foreign_corporation https://en.wikipedia.org/wiki/Controlled_foreign_corporation
- sparkling 5y agoNot every jurisdiction has CFC rules. There are a few countries that simply don't care if you control a foreign corporation abroad. Now if you pay yourself a salary or dividends from that corporation, that might be taxable on a personal level, but that is another story.
- mbreese 5y agoExactly. The question was about where to incorporate a company, not where to run it from. Just also be prepared to deal with the massive headache of a company is one jurisdiction and living (and paying taxes) in another. This can be a headache even if you live in the US if you’re split between states.
- dariusj18 5y ago> be prepared to deal with the massive headache Which I would assume would be part of the calculations for any recommendation.
- texasbigdata 5y agoSo XYZ parent company thats say mature and public, who hires a French CEO who lives primarily in France should be a French company? Why? What if the customers are in the US? Etc