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Do we have Creative Tax People Here??

   
Old Oct 30, 2008 | 09:58 AM
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irocpractice
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Do we have Creative Tax People Here??
My question is....can you take after tax monies,transfer them to a Canadian subsidiary of an American investment firm and invest in European Etf's paying 12% or more, and take the proceeds in a foreign currency offshore?MUST BE LEGIT!
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Old Oct 30, 2008 | 10:51 AM
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From: Southwestern Oregun
sounds good since it's after tax. but being a resident of the good ol usa. you may still be liable for profits on your overseas earnings.
might be something i need to check into....
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Old Oct 30, 2008 | 10:59 AM
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irocpractice
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Um Temp,did I mention a "corp."registered to one of those buildings in the Caymans,just like the big boys.
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