-
Top 10 Offshore Tax Havens You Can Still Stash Your Cash
Heads of state, former heads of state, heads of government, former heads of government, relatives and associates of government officials (as well as a fair share of celebrities) have all been exposed for hiding money in offshore accounts.
Here is a list of the top 10 Biggest Tax Havens in the World.
(Ranking is based on a combination of its secrecy score and scale weighting)
#10 United Arab Emirates
One of the world’s best known tax havens or secrecy jurisdictions.It has a low-tax environment and a complex array of free trade zones with multiple secrecy facilities and lax enforcement.
A large slice of the inbound money comes in the form gold.
Secrecy Score: 77%
Tax Haven Status: Tiny
#9 Bahrain
An island of hospitality to banks and businesses and also one of the biggest global centers ...
published: 26 Apr 2016
-
How Easy is it to Claim Offshore Tax Exemption in 2023?
How Easy is it to Claim Offshore Tax Exemption in 2023?
ATHENASIA is a Hong Kong-based boutique accounting and consulting firm providing a comprehensive suite of services to over 1,000 clients worldwide. Our offerings include Hong Kong Company Setup/Incorporation, Legal Maintenance, Hong Kong Accounting, Audit & Tax Representation.
Schedule a free consultation: info@athenasia.com
Our website: https://athenasia.com
------------------------------------------------------------
Incorporate a company in Hong Kong: https://bit.ly/45WQfrR
Company secretary service: https://bit.ly/3Lec6mx
Tax filing, accounting & auditing services: https://bit.ly/461e01I
------------------------------------------------------------
#hongkong #offshore #entrepreneur #china #asia #business #accounting #startup...
published: 12 Sep 2023
-
[ Offshore Tax ] Filing Status when married to a Non-American.
[ Offshore Tax ] Filing Status when married to a Non-American.
Find out what is the filing status when married to non-American.
If you need #taxinternational advice?
We are here...
Here are 4 ways we can help you -
1. We offer HOLISTIC strategies to help you live that international life. Tax + MIGRATION options.
2. We help you MODEL the tax impact of moving to a new jurisdiction
3. CONTACT us for tax optimization consults over Zoom
4. High Net Worth? We can QUOTE for doing your "US - International" tax returns
For more information or inquiries, check out our website
https://htj.tax/us-expat-tax-portugal/
or email us help@advancedamericantax.com
▶️ Follow us:
- Facebook: https://www.facebook.com/htj.tax
-Instagram: https://www.instagram.com/htj.tax/
▶️ Other Videos:
How is a 1099 t...
published: 29 Mar 2022
-
Your Business in Hong Kong – Claiming “Offshore Tax Status”
Anthony Hung, Tax Director of Masson de Morfontaine highlights the factors you need to be aware of when claiming offshore status in Hong Kong
published: 18 Jan 2019
-
Can you set up and benefit from an offshore company whilst staying in the UK?
Can you set up and benefit from an offshore company whilst remaining a UK resident?
Schedule a complimentary introduction call here - https://jsmtax.as.me/getstarted
★★★★★
BOOK A TAX CONSULTATION FOR A BESPOKE TAX STRATEGY, BUSINESS STRUCTURE, TAX MITIGATION - www.jsmtax.com/getstarted
★★★★★
►Where to follow Me:
Instagram: https://instagram.com/joshuatharby
Facebook: https://www.facebook.com/joshuatharbytax
LinkedIn: https://www.linkedin.com/in/joshuatharby
--
Thank you for watching this video—Please Share it. I like to read comments so please leave a comment and…
► Subscribe to My Channel: https://www.youtube.com/c/JoshuaTharby
DISCLAIMER
Our videos are for general guidance, education and empowerment in helping you understand accounting, tax and your numbers. They in no way const...
published: 14 Oct 2022
-
Offshore Tax Structuring in Canada: Myth vs. Reality | Expert Insights
Are offshore tax structures just a movie myth or a legitimate financial strategy? 🧐
Did you know that offshore tax structuring is a legal way for Canadians to reduce their tax burden? By setting up a company or trust in a tax-friendly jurisdiction, you can potentially save on taxes while also diversifying your assets.
However, it’s important to note that while offshore tax planning is legal, there are strict rules and regulations that must be followed to avoid any legal issues. It’s also important to disclose all offshore assets and income to the Canada Revenue Agency (CRA).
If you’re considering offshore tax structuring, make sure to consult with a qualified tax professional who can guide you through the process and ensure that you’re in compliance with all applicable laws and regulati...
published: 18 Mar 2023
-
[ Offshore Tax ] Filing status with your non US Spouse
[ Offshore Tax ] Filing status with your non-US Spouse
If you need #InternationalTax advice?
We are here...
Here are 4 ways we can help you -
1. We offer HOLISTIC strategies to help you live that international life. Tax + MIGRATION options.
2. We help you MODEL the tax impact of moving to a new jurisdiction
3. CONTACT us for tax optimization consults over Zoom
4. High Net Worth? We can QUOTE for doing your "US - International" tax returns
DERREN JOSEPH:
I am a US citizen and will soon begin working for a non-US company outside of the US okay. So, US citizens working outside of the US for just a non-American company. I do not live in the US, right, got it. I haven't worked since before I was married. I am married to a non-US citizen. Okay, gotcha. Does it make sense to just file a...
published: 08 Jan 2022
-
5 Reasons A Country Has An Offshore Status | Offshore Country Meaning
https://www.sfm.com/
In this video SFM Corporate Services helps define an offshore country by detailing the 5 key aspects that make an jurisdiction offshore: t help you pick a country for your offshore business
Business location, confidentiality, financial reporting, taxation and regulation.
1. The business of the company exclusively takes place outside of the jurisdiction of incorporation
2. There is an above the average degree of confidentiality
3. Financial reporting obligations are either minimal or not required
4. There is either low or no taxation, making some of our jurisdictions what some may call 'tax havens'
5. Regulation of corporate activities are lighter than with the onshore jurisdiction
----
For SFM Offshore reviews, please visit our website where hundreds of clients ha...
published: 10 May 2022
-
So you don't want to pay taxes, huh...
This video breaks down some of the legal loopholes that investors and expats use to offset income tax as American Citizens. Hope you enjoy!
published: 10 Apr 2024
-
The Most Common Offshore Tax Misconception (Don’t Do This!)
https://nomadcapitalist.com/
Can you reduce your US tax burden with a Panama residency? In this video, Andrew answers a viewer’s question and discusses moving money to Panama, Panamanian residence, and avoiding US taxes.
Andrew Henderson and the Nomad Capitalist team are the world's most sought-after experts on legal offshore tax strategies, investment immigration, and global citizenship. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where they're treated best".
Work with Andrew: https://nomadcapitalist.com/apply/
Andrew has started offshore companies, opened dozens of offshore bank accounts, obtained multiple second passports, and purchased real estate on four continents. He has spent the last 12 years studying and personally implementin...
published: 10 Jul 2021
5:48
Top 10 Offshore Tax Havens You Can Still Stash Your Cash
Heads of state, former heads of state, heads of government, former heads of government, relatives and associates of government officials (as well as a fair sha...
Heads of state, former heads of state, heads of government, former heads of government, relatives and associates of government officials (as well as a fair share of celebrities) have all been exposed for hiding money in offshore accounts.
Here is a list of the top 10 Biggest Tax Havens in the World.
(Ranking is based on a combination of its secrecy score and scale weighting)
#10 United Arab Emirates
One of the world’s best known tax havens or secrecy jurisdictions.It has a low-tax environment and a complex array of free trade zones with multiple secrecy facilities and lax enforcement.
A large slice of the inbound money comes in the form gold.
Secrecy Score: 77%
Tax Haven Status: Tiny
#9 Bahrain
An island of hospitality to banks and businesses and also one of the biggest global centers for Islamic finance. There is no corporate income tax, personal income tax or capital gains tax. Bahrain also has a wide network of tax treaties with a number of developing countries.
Secrecy Score: 74%
Tax Haven Status: Small
#8 Germany
Between $2.81 to $3.38 trillion of tax exempt interest-bearing assets held by non-residents as of August 2013. Germany does not sufficiently exchange tax-related information with a multitude of other jurisdictions and despite recent progress with its anti-money laundering framework, major loopholes and many implementation deficits still exist
Secrecy Score: 56%
Tax Haven Status: Huge but Shifty
#7 Lebanon
Many members of the population are high-net worth individuals. Beirut’s offshore financial services sector has been growing at an average of nearly 12 percent per year since 2006. Lebanon’s political and military troubles over recent decades have disrupted the offshore financial sector, but it has proved astonishingly resilient.
Secrecy Score: 79%
Tax Haven Status: Small and Secure
#6 Luxembourg
The most important private banking and wealth management center in the Eurozone.
It has 143 banks holding almost $800 billion in assets, over $300 billion of which are in the secretive private banking sector and is a center of lax financial regulation and is still one of the world’s most important financial centers.
Breaking professional secrecy can result in a prison sentence
Secrecy Score: 55%
Tax Haven Status: Huge
#5 The Cayman Islands
Banking assets worth $1.4 trillion in June 2014.
Hoststing over 11,000 mutual and other funds with a net asset value of $2.1 trillion.
It has 200 banks, over 140 trust companies and over 95,000 registered companies and retains many secrecy features plus laws that can put people in jail not only for exposing confidential information, but merely for asking for it.
Secrecy Score: 65%
Tax Haven Status: Aggressively Protective
#4 Singapore
A major wealth management center, with $1.4 trillion in assets under management in 2013.
In 2014 it become Asia’s largest foreign exchange trading center.
It hosts a lack of serious reforms to its corporate secrecy regime and a lack of interest in creating public registries of beneficial ownership.
Secrecy Score: 69%
Tax Haven Status: Intentionally Blind?
#3 USA
The U.S. has led the charge in combating international tax evasion using offshore financial accounts. However, the U.S. also provides a multitude of secrecy and tax-free facilities for non U.S. residents
It's one of the few places left where advisers are actively promoting accounts that will remain secret from overseas authorities.
Secrecy Score: 60%
Tax Haven Status: Ironic
#2 Hong Kong
Hong Kong has the second largest stock exchange in Asia after Tokyo with $2.1 trillion under management in April 2015 and over $350 billion in private banking assets.
China’s control over Hong Kong has shielded it from global transparency initiatives.
It also has not signed the multilateral agreement to initiate automatic information exchange via the CRS.
Secrecy Score: 72%
Tax Haven Status: See-No-Evil
#1 Switzerland
Switzerland is the grandfather of the world’s tax havens, known to have introduced Banking Secrecy Laws as far back as 1934
However, in 2010, the US enacted the Foreign Account Tax Compliance Act and the Swiss government was ultimately forced to bow to US pressure
In 2013, the US government signed a tax treaty that calls for Swiss banks to provide details on their American account holders
Secrecy Score: 73%
Tax Haven Status: BOSS
Get more Tips here! www.destinationtips.com
https://wn.com/Top_10_Offshore_Tax_Havens_You_Can_Still_Stash_Your_Cash
Heads of state, former heads of state, heads of government, former heads of government, relatives and associates of government officials (as well as a fair share of celebrities) have all been exposed for hiding money in offshore accounts.
Here is a list of the top 10 Biggest Tax Havens in the World.
(Ranking is based on a combination of its secrecy score and scale weighting)
#10 United Arab Emirates
One of the world’s best known tax havens or secrecy jurisdictions.It has a low-tax environment and a complex array of free trade zones with multiple secrecy facilities and lax enforcement.
A large slice of the inbound money comes in the form gold.
Secrecy Score: 77%
Tax Haven Status: Tiny
#9 Bahrain
An island of hospitality to banks and businesses and also one of the biggest global centers for Islamic finance. There is no corporate income tax, personal income tax or capital gains tax. Bahrain also has a wide network of tax treaties with a number of developing countries.
Secrecy Score: 74%
Tax Haven Status: Small
#8 Germany
Between $2.81 to $3.38 trillion of tax exempt interest-bearing assets held by non-residents as of August 2013. Germany does not sufficiently exchange tax-related information with a multitude of other jurisdictions and despite recent progress with its anti-money laundering framework, major loopholes and many implementation deficits still exist
Secrecy Score: 56%
Tax Haven Status: Huge but Shifty
#7 Lebanon
Many members of the population are high-net worth individuals. Beirut’s offshore financial services sector has been growing at an average of nearly 12 percent per year since 2006. Lebanon’s political and military troubles over recent decades have disrupted the offshore financial sector, but it has proved astonishingly resilient.
Secrecy Score: 79%
Tax Haven Status: Small and Secure
#6 Luxembourg
The most important private banking and wealth management center in the Eurozone.
It has 143 banks holding almost $800 billion in assets, over $300 billion of which are in the secretive private banking sector and is a center of lax financial regulation and is still one of the world’s most important financial centers.
Breaking professional secrecy can result in a prison sentence
Secrecy Score: 55%
Tax Haven Status: Huge
#5 The Cayman Islands
Banking assets worth $1.4 trillion in June 2014.
Hoststing over 11,000 mutual and other funds with a net asset value of $2.1 trillion.
It has 200 banks, over 140 trust companies and over 95,000 registered companies and retains many secrecy features plus laws that can put people in jail not only for exposing confidential information, but merely for asking for it.
Secrecy Score: 65%
Tax Haven Status: Aggressively Protective
#4 Singapore
A major wealth management center, with $1.4 trillion in assets under management in 2013.
In 2014 it become Asia’s largest foreign exchange trading center.
It hosts a lack of serious reforms to its corporate secrecy regime and a lack of interest in creating public registries of beneficial ownership.
Secrecy Score: 69%
Tax Haven Status: Intentionally Blind?
#3 USA
The U.S. has led the charge in combating international tax evasion using offshore financial accounts. However, the U.S. also provides a multitude of secrecy and tax-free facilities for non U.S. residents
It's one of the few places left where advisers are actively promoting accounts that will remain secret from overseas authorities.
Secrecy Score: 60%
Tax Haven Status: Ironic
#2 Hong Kong
Hong Kong has the second largest stock exchange in Asia after Tokyo with $2.1 trillion under management in April 2015 and over $350 billion in private banking assets.
China’s control over Hong Kong has shielded it from global transparency initiatives.
It also has not signed the multilateral agreement to initiate automatic information exchange via the CRS.
Secrecy Score: 72%
Tax Haven Status: See-No-Evil
#1 Switzerland
Switzerland is the grandfather of the world’s tax havens, known to have introduced Banking Secrecy Laws as far back as 1934
However, in 2010, the US enacted the Foreign Account Tax Compliance Act and the Swiss government was ultimately forced to bow to US pressure
In 2013, the US government signed a tax treaty that calls for Swiss banks to provide details on their American account holders
Secrecy Score: 73%
Tax Haven Status: BOSS
Get more Tips here! www.destinationtips.com
- published: 26 Apr 2016
- views: 62728
2:41
How Easy is it to Claim Offshore Tax Exemption in 2023?
How Easy is it to Claim Offshore Tax Exemption in 2023?
ATHENASIA is a Hong Kong-based boutique accounting and consulting firm providing a comprehensive suite ...
How Easy is it to Claim Offshore Tax Exemption in 2023?
ATHENASIA is a Hong Kong-based boutique accounting and consulting firm providing a comprehensive suite of services to over 1,000 clients worldwide. Our offerings include Hong Kong Company Setup/Incorporation, Legal Maintenance, Hong Kong Accounting, Audit & Tax Representation.
Schedule a free consultation: info@athenasia.com
Our website: https://athenasia.com
------------------------------------------------------------
Incorporate a company in Hong Kong: https://bit.ly/45WQfrR
Company secretary service: https://bit.ly/3Lec6mx
Tax filing, accounting & auditing services: https://bit.ly/461e01I
------------------------------------------------------------
#hongkong #offshore #entrepreneur #china #asia #business #accounting #startup #businesstips #hongkongbusiness #taxation #digitalnomad #香港 #香港開公司 #香港會計 #香港稅務 #香港商業 #香港企業家 #開公司 #繳稅 #稅務局
https://wn.com/How_Easy_Is_It_To_Claim_Offshore_Tax_Exemption_In_2023
How Easy is it to Claim Offshore Tax Exemption in 2023?
ATHENASIA is a Hong Kong-based boutique accounting and consulting firm providing a comprehensive suite of services to over 1,000 clients worldwide. Our offerings include Hong Kong Company Setup/Incorporation, Legal Maintenance, Hong Kong Accounting, Audit & Tax Representation.
Schedule a free consultation: info@athenasia.com
Our website: https://athenasia.com
------------------------------------------------------------
Incorporate a company in Hong Kong: https://bit.ly/45WQfrR
Company secretary service: https://bit.ly/3Lec6mx
Tax filing, accounting & auditing services: https://bit.ly/461e01I
------------------------------------------------------------
#hongkong #offshore #entrepreneur #china #asia #business #accounting #startup #businesstips #hongkongbusiness #taxation #digitalnomad #香港 #香港開公司 #香港會計 #香港稅務 #香港商業 #香港企業家 #開公司 #繳稅 #稅務局
- published: 12 Sep 2023
- views: 319
4:47
[ Offshore Tax ] Filing Status when married to a Non-American.
[ Offshore Tax ] Filing Status when married to a Non-American.
Find out what is the filing status when married to non-American.
If you need #taxinternational ...
[ Offshore Tax ] Filing Status when married to a Non-American.
Find out what is the filing status when married to non-American.
If you need #taxinternational advice?
We are here...
Here are 4 ways we can help you -
1. We offer HOLISTIC strategies to help you live that international life. Tax + MIGRATION options.
2. We help you MODEL the tax impact of moving to a new jurisdiction
3. CONTACT us for tax optimization consults over Zoom
4. High Net Worth? We can QUOTE for doing your "US - International" tax returns
For more information or inquiries, check out our website
https://htj.tax/us-expat-tax-portugal/
or email us help@advancedamericantax.com
▶️ Follow us:
- Facebook: https://www.facebook.com/htj.tax
-Instagram: https://www.instagram.com/htj.tax/
▶️ Other Videos:
How is a 1099 taxpayer treated in Portugal -
-https://www.youtube.com/watch?v=7rVleHkM3Ck&t=6s
What exactly is NHR Tax Status in Portugal -
-https://www.youtube.com/watch?v=9zz5JAcQXaI
Which to file first US vs Portugal returns!
-https://www.youtube.com/watch?v=i33xDzJkjGM&t=31s
DERREN JOSEPH:
So, we are hoping to address some of the following issues. So, the first issue, when one spouse is an American expat living abroad and the other is a foreign national, a non-resident alien with no intention of applying for a US green card or pursuing US citizenship, when is it better to file jointly and when is it better for the US spouse to file separately?
That's a great question, we get out all the time. I know some people file single when they're married but that's kind of like misrepresenting yourself on your tax form right. So, if it is you're married to a non-American your options are really married filing separately or married filing jointly or head of household. If the kids have social security numbers so the head of household is also an option. So, the reason why my filing jointly is attractive is that you get the ease of e-filing depending on what system your tax team is working on but more importantly the tax code and the tax tables in terms of income tax they are created or construed in such a way that those who file jointly get preferential tax treatment to those who file separately. So, basically depending on how you earn your income you can actually pay less when you pay less in taxes if you file jointly as opposed to separately based on the same earned income. We can debate whether that's right or wrong but that's just the way it is. The code is constructed in such a way it encourages you to file jointly and there are certain tax credits. So that's in terms of the actual tax rates and under certain tax credits that are only available when you file jointly as opposed to when you file separately. So, the tax code kind of puts pressures on you to file jointly. So that's the upside now the downside is that when you file jointly with your non-us spouse uh you need to include their income. So, it'll be a Section 6013G election and you'd wonder well hold on, why would my non-US spouse ever be interested in getting into the US tax. That's a good question and we get that all the time. The reason being and I think you know this because you kind of hinted at it in the question the way you phrased it. It's a good idea if the intent is to pursue US residency. So, if at some point in time you think that your non-US spouse would join you in moving to the US then it makes sense to file jointly because then you know they have a tax id and they have a footprint, they no longer because otherwise they simply don't exist in terms of you know, if they want to get a cell phone plan, if they want to lease a car, they have no credit score, they have no proof of income they have nothing they simply don't exist and it'll take a while for them to create a digital footprint in the US so by filing jointly it's a good step strategically if your non-us spouse hopes to join you in moving to the US. If it is not the case which you have clearly said it's not the case then you're right, it's best to file separately rather than bring your non-us spouse's income into the US tax net so that's an option another way of getting the preferential tax rates that come with filing jointly is if you have US kids with social security numbers and that I know that's a big issue because some of my clients who have had kids in the past year or two with the issues with the US embassies abroad it's been a bit challenging to register births abroad and get socials and et cetera. So, assuming that you do have social for the kids you can file head of household and that gives you better tax treatment than married filing jointly. So, I hope that answers your question.
#HTJpodcast #internationaltax #taxplanning #taxes #internationalbusiness #offshore #expats #investors #offshorecitizen #nomadcapitalist #flagtheory #InternationalEntrepreneur #irs #offshorebanking #ibc #offshorecompany
https://wn.com/Offshore_Tax_Filing_Status_When_Married_To_A_Non_American.
[ Offshore Tax ] Filing Status when married to a Non-American.
Find out what is the filing status when married to non-American.
If you need #taxinternational advice?
We are here...
Here are 4 ways we can help you -
1. We offer HOLISTIC strategies to help you live that international life. Tax + MIGRATION options.
2. We help you MODEL the tax impact of moving to a new jurisdiction
3. CONTACT us for tax optimization consults over Zoom
4. High Net Worth? We can QUOTE for doing your "US - International" tax returns
For more information or inquiries, check out our website
https://htj.tax/us-expat-tax-portugal/
or email us help@advancedamericantax.com
▶️ Follow us:
- Facebook: https://www.facebook.com/htj.tax
-Instagram: https://www.instagram.com/htj.tax/
▶️ Other Videos:
How is a 1099 taxpayer treated in Portugal -
-https://www.youtube.com/watch?v=7rVleHkM3Ck&t=6s
What exactly is NHR Tax Status in Portugal -
-https://www.youtube.com/watch?v=9zz5JAcQXaI
Which to file first US vs Portugal returns!
-https://www.youtube.com/watch?v=i33xDzJkjGM&t=31s
DERREN JOSEPH:
So, we are hoping to address some of the following issues. So, the first issue, when one spouse is an American expat living abroad and the other is a foreign national, a non-resident alien with no intention of applying for a US green card or pursuing US citizenship, when is it better to file jointly and when is it better for the US spouse to file separately?
That's a great question, we get out all the time. I know some people file single when they're married but that's kind of like misrepresenting yourself on your tax form right. So, if it is you're married to a non-American your options are really married filing separately or married filing jointly or head of household. If the kids have social security numbers so the head of household is also an option. So, the reason why my filing jointly is attractive is that you get the ease of e-filing depending on what system your tax team is working on but more importantly the tax code and the tax tables in terms of income tax they are created or construed in such a way that those who file jointly get preferential tax treatment to those who file separately. So, basically depending on how you earn your income you can actually pay less when you pay less in taxes if you file jointly as opposed to separately based on the same earned income. We can debate whether that's right or wrong but that's just the way it is. The code is constructed in such a way it encourages you to file jointly and there are certain tax credits. So that's in terms of the actual tax rates and under certain tax credits that are only available when you file jointly as opposed to when you file separately. So, the tax code kind of puts pressures on you to file jointly. So that's the upside now the downside is that when you file jointly with your non-us spouse uh you need to include their income. So, it'll be a Section 6013G election and you'd wonder well hold on, why would my non-US spouse ever be interested in getting into the US tax. That's a good question and we get that all the time. The reason being and I think you know this because you kind of hinted at it in the question the way you phrased it. It's a good idea if the intent is to pursue US residency. So, if at some point in time you think that your non-US spouse would join you in moving to the US then it makes sense to file jointly because then you know they have a tax id and they have a footprint, they no longer because otherwise they simply don't exist in terms of you know, if they want to get a cell phone plan, if they want to lease a car, they have no credit score, they have no proof of income they have nothing they simply don't exist and it'll take a while for them to create a digital footprint in the US so by filing jointly it's a good step strategically if your non-us spouse hopes to join you in moving to the US. If it is not the case which you have clearly said it's not the case then you're right, it's best to file separately rather than bring your non-us spouse's income into the US tax net so that's an option another way of getting the preferential tax rates that come with filing jointly is if you have US kids with social security numbers and that I know that's a big issue because some of my clients who have had kids in the past year or two with the issues with the US embassies abroad it's been a bit challenging to register births abroad and get socials and et cetera. So, assuming that you do have social for the kids you can file head of household and that gives you better tax treatment than married filing jointly. So, I hope that answers your question.
#HTJpodcast #internationaltax #taxplanning #taxes #internationalbusiness #offshore #expats #investors #offshorecitizen #nomadcapitalist #flagtheory #InternationalEntrepreneur #irs #offshorebanking #ibc #offshorecompany
- published: 29 Mar 2022
- views: 1501
21:03
Your Business in Hong Kong – Claiming “Offshore Tax Status”
Anthony Hung, Tax Director of Masson de Morfontaine highlights the factors you need to be aware of when claiming offshore status in Hong Kong
Anthony Hung, Tax Director of Masson de Morfontaine highlights the factors you need to be aware of when claiming offshore status in Hong Kong
https://wn.com/Your_Business_In_Hong_Kong_–_Claiming_“Offshore_Tax_Status”
Anthony Hung, Tax Director of Masson de Morfontaine highlights the factors you need to be aware of when claiming offshore status in Hong Kong
- published: 18 Jan 2019
- views: 92
1:01
Can you set up and benefit from an offshore company whilst staying in the UK?
Can you set up and benefit from an offshore company whilst remaining a UK resident?
Schedule a complimentary introduction call here - https://jsmtax.as.me/get...
Can you set up and benefit from an offshore company whilst remaining a UK resident?
Schedule a complimentary introduction call here - https://jsmtax.as.me/getstarted
★★★★★
BOOK A TAX CONSULTATION FOR A BESPOKE TAX STRATEGY, BUSINESS STRUCTURE, TAX MITIGATION - www.jsmtax.com/getstarted
★★★★★
►Where to follow Me:
Instagram: https://instagram.com/joshuatharby
Facebook: https://www.facebook.com/joshuatharbytax
LinkedIn: https://www.linkedin.com/in/joshuatharby
--
Thank you for watching this video—Please Share it. I like to read comments so please leave a comment and…
► Subscribe to My Channel: https://www.youtube.com/c/JoshuaTharby
DISCLAIMER
Our videos are for general guidance, education and empowerment in helping you understand accounting, tax and your numbers. They in no way constitute specific advice to your specific circumstances. Me & my team would be delighted to help you with your specific queries or accounting requirements through a formal engagement.
In this video some key points we've covered include: tax friendly countries, avoid taxes, pay zero taxes, lower my taxes, avoid taxes legally, low tax countries, best countries to live, dubai taxes, dubai freezone, dubai company, new taxes dubai, 9% tax dubai, corporate tax dubai, freezone company taxes, accounting dubai, dubai tax haven, dubai uae taxes, living in dubai, dubai real estate taxes.
https://wn.com/Can_You_Set_Up_And_Benefit_From_An_Offshore_Company_Whilst_Staying_In_The_UK
Can you set up and benefit from an offshore company whilst remaining a UK resident?
Schedule a complimentary introduction call here - https://jsmtax.as.me/getstarted
★★★★★
BOOK A TAX CONSULTATION FOR A BESPOKE TAX STRATEGY, BUSINESS STRUCTURE, TAX MITIGATION - www.jsmtax.com/getstarted
★★★★★
►Where to follow Me:
Instagram: https://instagram.com/joshuatharby
Facebook: https://www.facebook.com/joshuatharbytax
LinkedIn: https://www.linkedin.com/in/joshuatharby
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Our videos are for general guidance, education and empowerment in helping you understand accounting, tax and your numbers. They in no way constitute specific advice to your specific circumstances. Me & my team would be delighted to help you with your specific queries or accounting requirements through a formal engagement.
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- published: 14 Oct 2022
- views: 2638
5:54
Offshore Tax Structuring in Canada: Myth vs. Reality | Expert Insights
Are offshore tax structures just a movie myth or a legitimate financial strategy? 🧐
Did you know that offshore tax structuring is a legal way for Canadians to ...
Are offshore tax structures just a movie myth or a legitimate financial strategy? 🧐
Did you know that offshore tax structuring is a legal way for Canadians to reduce their tax burden? By setting up a company or trust in a tax-friendly jurisdiction, you can potentially save on taxes while also diversifying your assets.
However, it’s important to note that while offshore tax planning is legal, there are strict rules and regulations that must be followed to avoid any legal issues. It’s also important to disclose all offshore assets and income to the Canada Revenue Agency (CRA).
If you’re considering offshore tax structuring, make sure to consult with a qualified tax professional who can guide you through the process and ensure that you’re in compliance with all applicable laws and regulations.
Remember, tax planning is a complex issue and it’s always best to seek professional advice to ensure that you’re making informed decisions.
Are you seeking a legal guide in your entrepreneurial journey? Parr Business Law is at your service! Contact us here for tailored advice: https://www.parrbusinesslaw.com/contact
---
#startups #businesslaw #businesslawyer #entrepreneurship #legaltips #entrepreneurshiptips #businessgrowth #startuplife #startupcompany #startupbusiness #mistakes #legaltips #legaladvice #legalshorts #shortsviral #shorts
https://wn.com/Offshore_Tax_Structuring_In_Canada_Myth_Vs._Reality_|_Expert_Insights
Are offshore tax structures just a movie myth or a legitimate financial strategy? 🧐
Did you know that offshore tax structuring is a legal way for Canadians to reduce their tax burden? By setting up a company or trust in a tax-friendly jurisdiction, you can potentially save on taxes while also diversifying your assets.
However, it’s important to note that while offshore tax planning is legal, there are strict rules and regulations that must be followed to avoid any legal issues. It’s also important to disclose all offshore assets and income to the Canada Revenue Agency (CRA).
If you’re considering offshore tax structuring, make sure to consult with a qualified tax professional who can guide you through the process and ensure that you’re in compliance with all applicable laws and regulations.
Remember, tax planning is a complex issue and it’s always best to seek professional advice to ensure that you’re making informed decisions.
Are you seeking a legal guide in your entrepreneurial journey? Parr Business Law is at your service! Contact us here for tailored advice: https://www.parrbusinesslaw.com/contact
---
#startups #businesslaw #businesslawyer #entrepreneurship #legaltips #entrepreneurshiptips #businessgrowth #startuplife #startupcompany #startupbusiness #mistakes #legaltips #legaladvice #legalshorts #shortsviral #shorts
- published: 18 Mar 2023
- views: 495
3:04
[ Offshore Tax ] Filing status with your non US Spouse
[ Offshore Tax ] Filing status with your non-US Spouse
If you need #InternationalTax advice?
We are here...
Here are 4 ways we can help you -
1. We offer HOL...
[ Offshore Tax ] Filing status with your non-US Spouse
If you need #InternationalTax advice?
We are here...
Here are 4 ways we can help you -
1. We offer HOLISTIC strategies to help you live that international life. Tax + MIGRATION options.
2. We help you MODEL the tax impact of moving to a new jurisdiction
3. CONTACT us for tax optimization consults over Zoom
4. High Net Worth? We can QUOTE for doing your "US - International" tax returns
DERREN JOSEPH:
I am a US citizen and will soon begin working for a non-US company outside of the US okay. So, US citizens working outside of the US for just a non-American company. I do not live in the US, right, got it. I haven't worked since before I was married. I am married to a non-US citizen. Okay, gotcha. Does it make sense to just file as a single person? Okay. So legally, that would probably not be the correct way because that will be misrepresenting your filing status. So basically, in terms of your filing status, it would be single, single-married filing separately, married filing jointly, head of household, and widow, right? So, let's stick with the first four. If it is you legally not single, you should not really be filing a single. You can elect to file jointly with your non-US spouse, which some people do for strategic reasons. We invoked Section 6013G for that, because it may be to your benefit as a couple. Even though that person is not American to bring them into the tax net, it is a radical choice that you should do in concert with a tax advisor, but it's sometimes worth it. That's the card that you cannot ignore. It can be played, but ordinarily speaking, you will file married, filing separately. However, if you do have a child, whether biologically or by adoption, and if that child is a US person with a social, then you can also file head of household. And of course, head of household is you get the same tax bands as married, filing jointly. So from a tax efficiency perspective, you should be looking at the head of the household if you have dependent kids. Otherwise, it's my filing separately. So, I have all my accounts separate from my husband's. Well, we also have two kids which are US citizens. So I think again, you need to consult your preferred US advisor, but typically the head of household is way more tax-efficient than married, filing separately, and filing a separate is probably not the legal way. So, hope that helps.
VOICE-OVER:
Please subscribe, like, share and comment below. Our books and upcoming events are available at HTJ.tax. Email us at help@htj.tax to engage us to advice on international tax or business matters.
#OffshoreTax #internationaltax #taxplanning #financialplanning #taxes #compliance #AdaptOrDie #internationalbusiness #offshore #expats #investors #offshore #liveyourbestlife #flagtheory #InternationalEntrepreneur #entrepreneur
https://wn.com/Offshore_Tax_Filing_Status_With_Your_Non_US_Spouse
[ Offshore Tax ] Filing status with your non-US Spouse
If you need #InternationalTax advice?
We are here...
Here are 4 ways we can help you -
1. We offer HOLISTIC strategies to help you live that international life. Tax + MIGRATION options.
2. We help you MODEL the tax impact of moving to a new jurisdiction
3. CONTACT us for tax optimization consults over Zoom
4. High Net Worth? We can QUOTE for doing your "US - International" tax returns
DERREN JOSEPH:
I am a US citizen and will soon begin working for a non-US company outside of the US okay. So, US citizens working outside of the US for just a non-American company. I do not live in the US, right, got it. I haven't worked since before I was married. I am married to a non-US citizen. Okay, gotcha. Does it make sense to just file as a single person? Okay. So legally, that would probably not be the correct way because that will be misrepresenting your filing status. So basically, in terms of your filing status, it would be single, single-married filing separately, married filing jointly, head of household, and widow, right? So, let's stick with the first four. If it is you legally not single, you should not really be filing a single. You can elect to file jointly with your non-US spouse, which some people do for strategic reasons. We invoked Section 6013G for that, because it may be to your benefit as a couple. Even though that person is not American to bring them into the tax net, it is a radical choice that you should do in concert with a tax advisor, but it's sometimes worth it. That's the card that you cannot ignore. It can be played, but ordinarily speaking, you will file married, filing separately. However, if you do have a child, whether biologically or by adoption, and if that child is a US person with a social, then you can also file head of household. And of course, head of household is you get the same tax bands as married, filing jointly. So from a tax efficiency perspective, you should be looking at the head of the household if you have dependent kids. Otherwise, it's my filing separately. So, I have all my accounts separate from my husband's. Well, we also have two kids which are US citizens. So I think again, you need to consult your preferred US advisor, but typically the head of household is way more tax-efficient than married, filing separately, and filing a separate is probably not the legal way. So, hope that helps.
VOICE-OVER:
Please subscribe, like, share and comment below. Our books and upcoming events are available at HTJ.tax. Email us at help@htj.tax to engage us to advice on international tax or business matters.
#OffshoreTax #internationaltax #taxplanning #financialplanning #taxes #compliance #AdaptOrDie #internationalbusiness #offshore #expats #investors #offshore #liveyourbestlife #flagtheory #InternationalEntrepreneur #entrepreneur
- published: 08 Jan 2022
- views: 72
0:52
5 Reasons A Country Has An Offshore Status | Offshore Country Meaning
https://www.sfm.com/
In this video SFM Corporate Services helps define an offshore country by detailing the 5 key aspects that make an jurisdiction offshore: t...
https://www.sfm.com/
In this video SFM Corporate Services helps define an offshore country by detailing the 5 key aspects that make an jurisdiction offshore: t help you pick a country for your offshore business
Business location, confidentiality, financial reporting, taxation and regulation.
1. The business of the company exclusively takes place outside of the jurisdiction of incorporation
2. There is an above the average degree of confidentiality
3. Financial reporting obligations are either minimal or not required
4. There is either low or no taxation, making some of our jurisdictions what some may call 'tax havens'
5. Regulation of corporate activities are lighter than with the onshore jurisdiction
----
For SFM Offshore reviews, please visit our website where hundreds of clients have left their reviews (all reviews have been audited by Feefo.com). SFM Offshore's reputation is excellent with a client satisfaction rate of over 96%!
----
To find out more visit us on:
Our website: https://www.sfm.com
About SFM: https://www.sfm.com/offshore-trust
Our Jurisdictions: https://www.sfm.com/offshore-jurisdictions
Order Your Company: https://www.sfm.com/register-company-online
https://wn.com/5_Reasons_A_Country_Has_An_Offshore_Status_|_Offshore_Country_Meaning
https://www.sfm.com/
In this video SFM Corporate Services helps define an offshore country by detailing the 5 key aspects that make an jurisdiction offshore: t help you pick a country for your offshore business
Business location, confidentiality, financial reporting, taxation and regulation.
1. The business of the company exclusively takes place outside of the jurisdiction of incorporation
2. There is an above the average degree of confidentiality
3. Financial reporting obligations are either minimal or not required
4. There is either low or no taxation, making some of our jurisdictions what some may call 'tax havens'
5. Regulation of corporate activities are lighter than with the onshore jurisdiction
----
For SFM Offshore reviews, please visit our website where hundreds of clients have left their reviews (all reviews have been audited by Feefo.com). SFM Offshore's reputation is excellent with a client satisfaction rate of over 96%!
----
To find out more visit us on:
Our website: https://www.sfm.com
About SFM: https://www.sfm.com/offshore-trust
Our Jurisdictions: https://www.sfm.com/offshore-jurisdictions
Order Your Company: https://www.sfm.com/register-company-online
- published: 10 May 2022
- views: 187019
9:33
So you don't want to pay taxes, huh...
This video breaks down some of the legal loopholes that investors and expats use to offset income tax as American Citizens. Hope you enjoy!
This video breaks down some of the legal loopholes that investors and expats use to offset income tax as American Citizens. Hope you enjoy!
https://wn.com/So_You_Don't_Want_To_Pay_Taxes,_Huh...
This video breaks down some of the legal loopholes that investors and expats use to offset income tax as American Citizens. Hope you enjoy!
- published: 10 Apr 2024
- views: 422
11:00
The Most Common Offshore Tax Misconception (Don’t Do This!)
https://nomadcapitalist.com/
Can you reduce your US tax burden with a Panama residency? In this video, Andrew answers a viewer’s question and discusses moving ...
https://nomadcapitalist.com/
Can you reduce your US tax burden with a Panama residency? In this video, Andrew answers a viewer’s question and discusses moving money to Panama, Panamanian residence, and avoiding US taxes.
Andrew Henderson and the Nomad Capitalist team are the world's most sought-after experts on legal offshore tax strategies, investment immigration, and global citizenship. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where they're treated best".
Work with Andrew: https://nomadcapitalist.com/apply/
Andrew has started offshore companies, opened dozens of offshore bank accounts, obtained multiple second passports, and purchased real estate on four continents. He has spent the last 12 years studying and personally implementing the Nomad Capitalist lifestyle.
Our growing team of researchers, strategists, and implementers add to our ever-growing knowledge base of the best options available. In addition, we've spent years studying the behavior of hundreds of clients in order to help people get the results they want faster and with less effort.
About Andrew: https://nomadcapitalist.com/about/
Our Website: http://www.nomadcapitalist.com
Subscribe https://www.youtube.com/subscription_...
Buy Andrew's Book: https://amzn.to/2QKQqR0
DISCLAIMER: The information in this video should not be considered as tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.
https://wn.com/The_Most_Common_Offshore_Tax_Misconception_(Don’T_Do_This_)
https://nomadcapitalist.com/
Can you reduce your US tax burden with a Panama residency? In this video, Andrew answers a viewer’s question and discusses moving money to Panama, Panamanian residence, and avoiding US taxes.
Andrew Henderson and the Nomad Capitalist team are the world's most sought-after experts on legal offshore tax strategies, investment immigration, and global citizenship. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where they're treated best".
Work with Andrew: https://nomadcapitalist.com/apply/
Andrew has started offshore companies, opened dozens of offshore bank accounts, obtained multiple second passports, and purchased real estate on four continents. He has spent the last 12 years studying and personally implementing the Nomad Capitalist lifestyle.
Our growing team of researchers, strategists, and implementers add to our ever-growing knowledge base of the best options available. In addition, we've spent years studying the behavior of hundreds of clients in order to help people get the results they want faster and with less effort.
About Andrew: https://nomadcapitalist.com/about/
Our Website: http://www.nomadcapitalist.com
Subscribe https://www.youtube.com/subscription_...
Buy Andrew's Book: https://amzn.to/2QKQqR0
DISCLAIMER: The information in this video should not be considered as tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.
- published: 10 Jul 2021
- views: 11777