4 ms·
1. Hire a smart tax person. 2. It is likely that an offshore corporation doing business in the USA is a really bad idea. Your corporation pays normal corpora
by philiphodgen 15y ago
1. Hire a smart tax person.
2. It is likely that an offshore corporation doing business in the USA is a really bad idea. Your corporation pays normal corporate income tax on profit. Plus it pays a 30% tax on after-tax income. Google for "branch profits tax".
3. Hire someone smart to do your tax returns. There are all sorts of obscure forms to file with massive (like $10,000) penalties for screwing up.