Offshore Tax Planning Puerto Rico

You’ve heard the adage of investing when there’s blood in the streets… to buy when all hell is breaking loose and the market is at bottom. Well, now is your opportunity for some offshore tax planning

International Money Lending License

The international money lending license came into its own in 2010 when the US began pushing out payday and other lenders of last resort. A number of offshore jurisdictions welcomed them with open arms and the

Offshore IRS Audit

There’s no worse feeling in the world than coming home to a letter from the IRS telling you that you are being audited … until you get notice of an offshore IRS audit. No matter how

IRS Data Collection

Did you form an offshore company but the business didn’t go as planned? Do you need to close an offshore company? There are two ways to go about this. To close an offshore company that’s never

Panama Tax

If you’re an American living, working, or investing in Panama, the Panama tax system is your friend. The Panama tax code may allow you to live tax free in Panama and, possibly, in the United States.

foreign earned income exclusion 2015

The Foreign Earned Income Exclusion for 2015 breaks the six figure mark! The Foreign Earned Income Exclusion for 2015 is $100,800, up from $99,200 in 2014. The FEIE is the best way to minimize your US

Chile

The republic of Chile is one of the most business friendly nations on earth… as tax and business efficient as it is long.  Chile’s focus on high-tech start-ups has brought a wealth of talent and business

Foreign Pension

If you’re working abroad for a foreign company, watch out for the foreign pension tax trap.  If you get caught, you might be paying double tax on your retirement income… once when earned by the U.S.

UBIT

If you’re going to invest in one or two rentals with your IRA, then you won’t have a tax problem. You can operate these properties through a U.S. LLC (if domestic) or an offshore LLC (if

Chile

Chile is now one of the best countries in South and Central America for tech startups.  As you will see in this article, it is blowing past my Panama… at least in attracting tech start-ups. Termed

ObamaCare Tax

The new ObamaCare tax, called the Net Investment Income Tax, or NIIT, hits U.S. residents and expats alike with a 38% levy on most forms of investment income.  If your taxable income in 2014 was $200,000

Dollar Will Fail

What the heck is an offshore tax inversion and why should I care?  The inversion has been all over the news and was even called “un-American” by our President today (July 25, 2014).  Here is everything

UBIT

If you’re new to the world of offshore, then this article on offshore basics is for you.  Thinking about starting a business abroad?  Want to move you or your assets out of the United States?  Offshore

Offshore business tax reporting

If you’re operating a business outside of the United States, your offshore business tax reporting obligations can be daunting.  Failure to comply can result in significant interest and penalties, the loss of your business, and even

Chile

If you are doing business offshore, you need to understand the IRS Controlled Foreign Corporation rules.  It is these tax laws that allow you to retain earnings from an active business offshore.  These same rules force

Currency Transaction Report

Today I’m taking time out from my offshore beat to warn you about the CTR.  An IRS Currency Transaction Report is a form filed by U.S. banks and casinos each time you make a deposit or

Best Offshore Company Jurisdiction

Want to know which is the Best Offshore Company Jurisdiction for your business or your assets?  Are you considering living, working or investing abroad?  Then this offshore company guide is a must read. Please note that,

Offshore Captive Insurance Company

The Mini Offshore Captive Insurance Company (sometimes referred to as a pure offshore captive) is a powerful and unique way to cut both your business and estate taxes while moving your assets out of the reach